The price per unit in the 'Ready-to-Eat Meals' segment of the food market in Nigeria was forecast to continuously increase between 2024 and 2029 by in total 4.2 U.S. dollars (+48.44 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 12.89 U.S. dollars and therefore a new peak in 2029. Notably, the price per unit of the 'Ready-to-Eat Meals' segment of the food market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition:
The Ready-to-Eat Meals market covers prepared food and meals that can be eaten as is or after minimal preparation. These meals do not require cooking and are typically consumed after heating. These meals may also include disposable eating utensils. Classic frozen foods include meat, fish, vegetables, filled pasta, and frozen pizzas.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.
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Statista Market Insights. (September 27, 2024). Average price per unit (PPU) in the ready-to-eat meals segment of the food market Nigeria from 2019 to 2029 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1438186/average-price-per-unit-ppu-ready-to-eat-meals-convenience-food-market-nigeria
Statista Market Insights. "Average price per unit (PPU) in the ready-to-eat meals segment of the food market Nigeria from 2019 to 2029." Chart. September 27, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1438186/average-price-per-unit-ppu-ready-to-eat-meals-convenience-food-market-nigeria
Statista Market Insights. (2024). Average price per unit (PPU) in the ready-to-eat meals segment of the food market Nigeria from 2019 to 2029. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1438186/average-price-per-unit-ppu-ready-to-eat-meals-convenience-food-market-nigeria
Statista Market Insights. "Average Price per Unit (Ppu) in The Ready-to-eat Meals Segment of The Food Market Nigeria from 2019 to 2029." Statista, Statista Inc., 27 Sep 2024, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1438186/average-price-per-unit-ppu-ready-to-eat-meals-convenience-food-market-nigeria
Statista Market Insights, Average price per unit (PPU) in the ready-to-eat meals segment of the food market Nigeria from 2019 to 2029 Statista, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1438186/average-price-per-unit-ppu-ready-to-eat-meals-convenience-food-market-nigeria (last visited November 10, 2024)
Average price per unit (PPU) in the ready-to-eat meals segment of the food market Nigeria from 2019 to 2029 [Graph], Statista Market Insights, September 27, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1438186/average-price-per-unit-ppu-ready-to-eat-meals-convenience-food-market-nigeria
