Nigeria Tea Market 2024
- Market Report
- ID: HF24070N
- Delivery Time: 1 Business Day
- Tag: Tea
Market Overview
The tea market in Nigeria is projected to rise by USD 278.1 million by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 17.8 percent during the forecast period. With health benefits like antioxidants, improved digestion, and potential weight loss, tea has drawn considerable consumer interest, increasing its consumption. The variety of teas available – black, green, white, oolong, herbal, and flavored – satisfies diverse taste preferences, appealing to a wide range of consumers. Often associated with relaxation and comfort, tea is a favored choice for unwinding due to its soothing properties.
The report provides a comprehensive overview of the Nigeria tea industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as product type, packaging, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the tea industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the tea industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.
Market Segmentation
The tea market in Nigeria is segmented as below:
Product type: black tea, fruit & herbal tea, green tea, and others
Packaging: flexible packaging, paper containers, and others (glass, metal, etc.)
Distribution channel: supermarkets and hypermarkets, e-commerce, and others
The Nigeria tea market is segmented on the basis of product type, packaging, and distribution channel. By product type, the tea market in Nigeria has been segmented into black tea, fruit & herbal tea, green tea, and others. Based upon packaging, the tea market in Nigeria is categorized into flexible packaging, paper containers, and others (glass, metal, etc.). On the basis of distribution channel, the tea market in Nigeria has been segmented into supermarkets and hypermarkets, e-commerce, and others.
Competitive Landscape
The report also includes the profiles of leading companies such as The Richmond Tea Company Ltd, Qualitea Ceylon (PVT) Ltd., Promasidor (South Africa) (Pty) Ltd., Lipton Teas and Infusions, Associated British Foods plc, Ahmad Tea Ltd.
The report is an indispensable tool for companies and organizations operating in the tea industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the tea market.
Why Buy This Report?
Provide statistical data or estimations for the Nigeria tea market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the tea market in Nigeria
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the tea market in Nigeria looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities
Table of Contents
TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Nigeria Tea Market – Product Type Analysis
3.1 Black tea
3.2 Fruit & herbal tea
3.3 Green tea
3.4 Others
4. Nigeria Tea Market – Packaging Analysis
4.1 Flexible packaging
4.2 Paper containers
4.3 Others (glass, metal, etc.)
5. Nigeria Tea Market – Distribution Channel Analysis
5.1 Supermarkets and hypermarkets
5.2 E-commerce
5.3 Others
6. Company Profiles
6.1 The Richmond Tea Company Ltd
6.2 Qualitea Ceylon (PVT) Ltd.
6.3 Promasidor (South Africa) (Pty) Ltd.
6.4 Lipton Teas and Infusions
6.5 Associated British Foods plc
6.6 Ahmad Tea Ltd.
DISCLAIMER
Companies Mentioned
The Richmond Tea Company Ltd
Qualitea Ceylon (PVT) Ltd.
Promasidor (South Africa) (Pty) Ltd.
Lipton Teas and Infusions
Associated British Foods plc
Ahmad Tea Ltd.
USD 250