Region:Africa
Product Code:KROD93
The report provides a comprehensive analysis of the potential of the Crop Protection market in Nigeria. The report covers an overview and genesis of the industry, and market size in terms of revenue generated.
Its market segmentations include by Pesticides and Bio-pesticides, crop type, market source and by market structure, by form; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.
According to Ken Research estimates, the Nigeria Crop Protection Market – which grew from approximately USD ~ Bn in 2017 to approximately USD ~ Bn in 2022 – is forecasted to grow further into a USD ~ Bn opportunity by 2027F, owing to more natural resources in the country and the high agronomic knowledge on tropical conditions.
By Type: The biopesticides segment of the market is projected to register a higher CAGR than synthetic pesticides during the forecast period in the country due to rising demand for food safety and quality in the country.
By Type of Crop: Pulses and oil seeds hold the largest segment in type of crop in the Nigeria crop protection. Cocoa beans and cashew nuts are the major agriculture products exported in the country.
Nigeria Crop Protection market is projected to witness a CAGR of ~% between 2022 to 2027F. This is majorly due to the growing population, change in eating habits, Climate change along with government initiatives.
The Crop Protection market in Nigeria is expected to witness a drive towards sustainable, cost-effective crop protection chemicals to ensure that input costs remain as low as possible due to limited financing and high operating expenses.
Type of Pesticides |
Herbicides Insecticides Fungicides Biopesticides Rodenticides, Plant Growth Regulators, Adjuvants |
Nature of Pesticides |
Generic Patented Form of Pesticides Liquid Granules and Powder |
Market Structure |
Organized Unorganized |
By Source |
Domestic Import |
Type of Crops |
Pulses and Oilseed Grains and Cereals Fruits and Vegetables Commercial Crops Turfs and Ornamental |
Crop Protection Companies
2.1 Taxonomy of Nigeria Crop Protection Market
2.2 Industry Value Chain
2.3 Ecosystem
2.4 Government Regulations/Initiatives for Nigeria Crop Protection Market
2.5 Growth Drivers of Nigeria Crop Protection Market
2.6 Issues and Challenges of Nigeria Crop Protection Market
2.7 Impact of COVID-19 on Nigeria Crop Protection Market
2.8 SWOT Analysis
4.1 By Product Type, 2017 - 2022
4.2 By Application, 2017 - 2022
4.3 By Regional Split (North/East/West/South/Central), 2017 - 2022
5.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
5.2 Strategies Adopted by Leading Players
5.3 Company Profiles – (Top 5 - 7 Major Players)
5.3.1 Bayer SA
5.3.2 Syngenta
5.3.3 BASF S.A.
5.3.4 Monsanto
5.3.5 FMC Corporation Koppert Beheer
7.1 By Product Type, 2022 - 2027
7.2 By Application, 2022 - 2027
7.3 By Regional Split (North/East/West/South/Central), 2022 - 2027
Our team will initially create an ecosystem for all the major entities in the Crop Protection Market that are providing Crop Protection services in Nigeria Market.
In the next step, we will refer to multiple secondary and proprietary databases to perform deck research around the market and collate industry-level information such as type of market structure, and consumption in terms of value to create an initial level hypothesis. We will also explore company-level info by referring press releases, annual reports, financial statements, and other documents to understand basic information about the companies and market level.
Later our team will conduct a series of Interviews with multiple C-Level Executive and other stakeholders belonging to different companies to confirm the market hypothesis, validate statistics and seek operational and financial information from company representatives.
Furthermore, to validate this data our team will pitch each company as a potential customer through a mystery shopping exercise and will confirm the operational and financial performance of Nigeria Crop Protection Market Entities which have been shared by company executives and available on secondary databases. We will be conducting another set of CATIs with the respective entities to understand customer behavior, channel preference, and other factors. We will also assess customer analysis in terms of their preferences and pain points.
The Nigeria Crop Protection Market is covered from 2017–2027F in this report, including a forecast for 2022-2027F.
The Nigeria Crop Protection Market is expected to witness a CAGR of ~% over the next five years.
The growing population, change in eating habits, Climate change along with government initiatives
Bayer, BASF SE, Syngenta and FMC are the major players in Nigeria Crop Protection Market.
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