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Market Analysis of Poultry Farming in Nigeria: A Lucrative Opportunity
Nigeria is a nation with a vast population of over 200 million people, offering a substantial market for poultry products. The poultry farming industry in Nigeria has experienced significant growth in recent years, driven by increasing demand for poultry meat and eggs. Market Size and Growth The Nigerian poultry market is estimated to be worth over $4 billion annually. With a population growth rate of 2.6%, the demand for poultry products is expected to continue to rise in the coming years. The industry has a compound annual growth rate (CAGR) of approximately 4%, indicating its potential for expansion. Demand Drivers […]