Lagos Hosts 10th German Agrofood and Plastprintpack Exhibition
Nigeria’s food market is on track to reach $233.53 billion by 2025, with a projected annual growth rate of 10.76% between 2025 and 2030, according to new industry data. This forecast was revealed by Paul Marz, Managing Director of Fairtrade, during the opening ceremony of the 10th German Agrofood and Plastprintpack Exhibition, held at the Landmark Centre in Lagos.
Welcoming exhibitors, visitors, and dignitaries to Nigeria’s premier International Trade Exhibition & Conference on Agrofood, Plastics, Printing, and Packaging, Marz highlighted the significance of the event, marking a decade of fostering industry growth.
Nigeria Expands Investments in Agrofood and Packaging Technology
During his address, Marz emphasized Nigeria’s increasing investments in agrofood and packaging technologies, citing that the country invested £304 million in food and packaging technology in 2023. This positions Nigeria as Africa’s second-largest investor in the sector, following South Africa, which invested £398 million.
The exhibition featured over 100 top-tier exhibitors from 12 countries, including China, Finland, France, Germany, India, Italy, Lithuania, the Netherlands, Nigeria, Poland, South Africa, and Turkey. These exhibitors presented innovative products and solutions tailored to the Nigerian market, aiming to drive technological advancements and industry growth.
Germany Strengthens Business Relations with Nigeria
Germany, the guest of honor at the event, reaffirmed its dedication to fostering economic ties with Nigeria, particularly in the agrofood and packaging industries. Speaking at the event, the German Consul General in Lagos, Mr. Weert Börner, underscored Germany’s commitment to strengthening business partnerships and promoting cultural exchange.
A Polish company also showcased state-of-the-art agro-machinery, with company representative Ms. Sandra Lisicka expressing optimism about the exhibition’s potential to unlock new opportunities and build long-term business relationships.
Food Security Remains a Key Focus for Nigeria
Addressing attendees at the event, the Minister of Agriculture and Food Security, Sen. Abubakar Kyari—represented by Mrs. Omolara Oguntunyi—stressed that food security remains a top priority for Nigeria’s economic and social stability.
“As we strive for sustainable development, we gather at a critical juncture in our journey toward achieving food security, which serves as the foundation of economic stability and national well-being,” Kyari stated.
He also called for enhanced collaboration across the agricultural sector to drive growth, improve nutrition, and tackle climate-related challenges affecting food production.
The 10th German Agrofood and Plastprintpack Exhibition, which concluded on Thursday, celebrated a decade of innovation, investment, and international collaboration, reinforcing Nigeria’s role as a key player in the agrofood and packaging industries.
