List Of Foodstuff Business in Nigeria (100+)

As a Nigerian looking forward to starting a foodstuff business,  there are lots of excellent food items that you can sell and earn a living from.

Foodstuff business is one of the lucrative businesses that is highly profitable. Your business thrives in Nigeria, especially if your shop is located in a strategic area.

To achieve success in the foodstuff business, you will need to identify the food items that are highly sought after in your region since Nigeria is a multi-ethnic nation where each region has a particular food they cherish. Apart from this, there are other essential factors that you must consider to achieve success in this business. We shall be treating that in the course of our discussion.

Foodstuffs to Sell In Nigeria

List Of Foodstuff Business in Nigeria

There are hundreds of food items that can be sold in Nigeria. The country is blessed with diverse food products, and each ethnic group has a particular food associated with it. Some of the food items that can be sold in Nigeria include:

S/NFoodstuff GroupExamples
1.FruitsWatermelons, Pawpaw, Apples, Grapes, Oranges, Bananas, Mangoes, and Pineapples.
2.Flours and StarchesPlantain flour, wheat flour, garri (cassava granules), semolina, corn meal, cassava flour, and yam flour.
3.Tubers and RootsSweet potatoes, Irish potatoes, cocoyam, cassava, and yam.
4.Grains and PulsesMillet, Sorghum, Oats, Wheat, Beans (Various Types), Cowpeas, Rice, Maize (Corn), Lentils, and Chickpeas.
5.VegetablesCabbage, carrots, okra, egg plants, cucumbers, tomatoes, onions, bell peppers, and spinach.
6.Dairy and EggsMilk, yogurt, cheese, and eggs.
7.Cooking OilsPalm oil, vegetable oil, groundnut oil, and coconut oil.
8.SeafoodSnails, periwinkles, oysters, shrimp, and crabs.
9.MeatsGoat meat, pork (in certain regions), fish (various species), turkey, beef, and chicken.
10.BeveragesSoft drinks, fruit juices, bottled water, tea, and coffee.
11.Spices and condimentsGinger, garlic, thyme, curry powder, Maggi cubes, salt, pepper (various types), and onions (fresh and powdered).
12.Processed FoodsInstant noodles, Instant pasta, Breakfast cereals, Ready-to-eat meals.
13.SnacksPlantain chips, potato chips, popcorn, chin-chin, and puff-puff.
14.Sweets and DessertsCakes, ice cream, chocolate bars, biscuits, and cookies.
15.Canned FoodsCanned tomatoes, canned fish (sardines, tuna), canned fruits.
16.CerealsCornflakes, oats, and muesli.
17.Nuts and SeedsAlmonds, pumpkin seeds, sunflower seeds, groundnuts (peanuts), cashews.
18.Breads and PastriesBread, rolls, croissants, and donuts.
19.Sauces and SoupsEgusi soup, Ogbono soup, tomato stew, and pepper soup are spices.
20.Baby FoodsBaby cereals, baby formula.
21.Canned SoupsCanned chicken soup, canned tomato soup.
22.Local DelicaciesAkara (bean cakes), Fufu flour, Eba (cassava-based), Amala (yam or cassava-based), Pounded yam flour, Suya (grilled meat), Kilishi (dried meat), Moi Moi (steamed bean pudding).
23.Health FoodsWhole-wheat products, gluten-free products, and sugar-free products.
24. Flavoring AgentsVanilla essence, almond extract, and lemon juice.
25.Rice and Pasta VarietiesBasmati rice, jasmine rice, spaghetti, penne, and macaroni.
26.Imported FoodsImported cheeses, imported meats, imported sauces, and imported condiments.
27.Flavor EnhancersSeasoning cubes, soy sauce, and fish sauce.
28.Ethnic FoodsJollof rice ingredients, Bitterleaf soup ingredients, and Efo Riro (vegetable soup) ingredients.
29.Local BeveragesZobo (hibiscus) drink; Kunu (millet or sorghum drink); Palm wine; Chapman (cocktail).
30.Dried FruitsDried mangoes, dried bananas, and dried dates.
31.Cooking IngredientsVinegar, baking powder, yeast, and baking soda.
32.Diet and Nutritional FoodsProtein bars, health shakes, and nutritional supplements.
Table 1.1: Foodstuff groups with examples

What you Should Know Before Starting Foodstuff Business

Although the foodstuff business is one of the most lucrative businesses in Nigeria, that doesn’t mean that all foodstuff sellers achieve success. Hence, it is important to know the basis for enabling you to achieve success in your business. To achieve success and make more sales, you need to know these:

  • Identify and sell foodstuffs that are loved by people within your locality
  • You should be able to know the food items that are highly sought after in your region.
  • You can buy foodstuffs that are produced in your region at a cheap price and export them to a region where the food items are scarce and make a profit.
  • You can import food items that are scarce  in your neighbourhood but are highly demanded  
  • Identify the weak points of your competitors and improve on them.
  • Finally, you will need to check the capital you have for the business to enable you to go for food items it can afford.

Guide to Starting a Foodstuff Business in Nigeria 

As it is with other businesses, it is important to know how to start a food business to enable you to achieve success in your business. The steps that you can follow to start a food business include:

1. Market Research

The first step to take when starting a food business is to do extensive market research to determine the reality of food items in the market. During this market survey, you should be able to identify food items that are highly sought after within your locality.  For example, the vegetable business is highly profitable in the eastern part of the country when compared to other regions. So, you should be able to identify foodstuffs that are demanded in your vicinity.

Additionally, during the research, ensure that you identify the dos and don’ts that govern the foodstuff business within your area, especially if you’re considering starting a perishable foodstuff business.

What you should cover during market research:

  • Identify food items that are highly demanded
  • Know the price range for the food items you intend to sell.
  • Pen down your competitors weakness and re-strategize to outperform them
  • Inquire from an existing seller and estimate your start-up capital

2. Get Start-up Capital

After conducting your market research and estimating your start-up capital,. The next thing is to mobilize funds and start the business. As a business that you want to start for the first time, it is important to start with an amount of money that you can access with ease and scale it up with time.

As a beginner, it is not advisable to source a loan to start a new business, especially if you are not knowledgeable about the business; hence, it is best to use your personal savings or financial support from family to start a business other than borrowing since there is no minimum amount needed to start a food business.

3. Pay for a Shop

Once you get the needed start-up capital, you proceed to rent a shop in a busy location. It is important to rent a shop in an area with heavy human and vehicular movement to enable you to make more sales. In fact, if your shop is located in a strategic area, there are higher chances that you will make more sales.

4. Link up with Food Items Suppliers

Once you’re done renting the shop, you can reach out to food suppliers who can supply food items that you can use to stock your shop. Apart from food suppliers, you can also link up with local farmers who will sell their produce to you after harvesting.

5. Arrange the foodstuff in the shelf

Stock your shop with food items. Don’t forget to arrange them properly for visibility.  Arrange the shop on a first-in, first-out basis so that you can sell them before they expire.

Read also: How to arrange foodstuff shop

6. Sell your Foodstuff

At this point, you will need to start selling the food items and make a profit. Ensure that you treat your customers properly by selling at competitive prices and offering discounts where necessary to enable you to build a wide customer base.

List of Foodstuff to Sell in Lagos

There are lots of food items that can be sold in Lagos, ranging from yams, businesses, spices, canned food items, and fruits, just to mention a few.

Author

  • Nwibo Calistus

    My name is Calistus. I am a seasoned financial expert with over four years of experience in the financial sector. With a background in accounting and financial management. Throughout my career, I have demonstrated a commitment to empowering individuals and businesses to make informed financial decisions. I am passionate about simplifying complex financial concepts. Which is evident in my published articles that are characterized by clarity, depth, and practicality. In addition to writing, I am also a financial adviser and a consultant. I have been invited to different industry conferences and events where I shared expertise and guidance on financial management and how to scale up businesses. So, if you need writing, speaking engagements, or consulting work, I remain committed to empowering individuals and businesses to achieve financial success and security.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top