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Nigeria
Mcphilnet Pharm
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In general high willingness to invest in the food industry due to high import costGenerally high demand for:» Ingredients» Bakery equipment» Dairy equipment Local production of food and drinks growing –therefore high demand for production lines for:» Alcoholic drinks» Juices» Bakery and confectionery products» Chips» Tomato puree» Noodles and noodles instant meals» Dairy productsPROCESS TECHNOLOGYIngredients and auxiliary materialsBakery technologyConfectionery, chocolate and snacks technologyIce cream technologyCoffee machines and equipmentKitchen technologyBasic food technologyVegetable and fruit technologyBeverage technologyPasta technologyDelicatessen and convenience food technology Dairy technologyMeat processing technologyFish technologyPACKAGING TECHNOLOGYPackaging machinesPackaging materialsAUTOMATIONFOOD SAFETY AND QUALITY MANAGEMENTREFRIGERATION AND AIR-CONDITIONING TECHNOLOGYRefrigeration installationsVentilation, air conditioning and heating technologyCONVEYING, TRANSPORT AND STORAGE INSTALLATIONSWATER AND WASTE WATERExpenditure in Nigerian food and beverage sector to grow significantly between 2019 and 2023F&B sector is the largest segment of the Nigerian manufacturing industry Increasing demand for packaged food productsThe Food & Beverage Sector in Nigeria Nigeria has a young and growing population of about 194m people. The Nigerian consumer market has been thriving on the market demand stemming from a robust demography. According to the Economist Intelligence Unit, household goods constitute 3.6% of total consumer expenditure in Nigeria. As a result of a growing population and an emerging middle class, there is a growing demand for fast moving consumer goods (FMCG) in the country. Expenditure in Nigerian food and beverage sector is therefore expected to grow significantly between 2019 and 2023.Growth in the FMCG sector is driven by key factors that have been instrumental in the growth...