Mcphilnet Pharm

In general high willingness to invest in the food industry due to high import cost Generally 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 products PROCESS TECHNOLOGY Ingredients and auxiliary materials Bakery technology Confectionery, chocolate and snacks technologyIce cream technology Coffee machines and equipmentKitchen technology Basic food technologyVegetable and fruit technologyBeverage technology Pasta technology Delicatessen and convenience food technology Dairy technology Meat processing technology Fish technology PACKAGING TECHNOLOGY Packaging machines Packaging materials AUTOMATION FOOD SAFETY AND QUALITY MANAGEMENT REFRIGERATION AND AIR-CONDITIONING TECHNOLOGY Refrigeration installations Ventilation, air conditioning and heating technology CONVEYING, TRANSPORT AND STORAGE INSTALLATIONS WATER AND WASTE WATER Expenditure in Nigerian food and beverage sector to grow significantly between 2019 and 2023 F&B sector is the largest segment of the Nigerian manufacturing industry Increasing demand for packaged food products The 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.