The Nigeria energy and sports drinks market is poised for remarkable growth, forecasted to jump from USD 1,125.8 million in 2023 to USD 2,993.1 million by 2029, reflecting a CAGR of 17.7% throughout the evaluation period. Nigeria’s energy and sports drinks market is growing rapidly, supported by increasing participation in sports and fitness activities, especially among the younger population. Rising awareness of health and wellness is fueling demand for drinks that provide both hydration and energy. Additionally, higher disposable incomes and the increasing availability of international brands are contributing to the market’s expansion.
The report delivers an in-depth analysis of the Nigeria energy and sports drinks industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, type, packaging type and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the energy and sports drinks market.
Market Segmentation
The following outlines the segmentation of the Nigeria energy and sports drinks market:
Product type: energy drinks, sports drinks
Type: regular, sugar-free
Packaging type: bottles, cans, others
Distribution channel: supermarkets and hypermarkets, food & drinks specialty stores, grocery stores, bars & HoReCa, others
The segmentation of the Nigeria energy and sports drinks market product type, type, packaging type and distribution channel. The market is classified by product type into energy drinks, and sports drinks. Type segments encompass regular, and sugar-free. Packaging type segments are categorized into bottles, cans, and others. The distribution channel segmentation includes supermarkets and hypermarkets, food & drinks specialty stores, grocery stores, bars & HoReCa, and others.
Competitive Landscape
The competitive landscape of the industry has been analyzed, featuring profiles of major players such as The Coca-Cola Company, Suntory Holdings Limited, Sun Mark Limited, S. Spitz GmbH, Rite Foods Limited, Red Bull GmbH, PepsiCo Inc., Monster Beverage Corporation, Imperial Beverages Limited (IBL), Heineken N.V., Forever Living Products International Inc. and Deluxe Rich Sdn. Bhd.
This report delivers an in-depth examination of leading companies in the energy and sports drinks sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Nigeria energy and sports drinks market.
Gain in-depth analysis and forecasts for the key segments of the Nigeria energy and sports drinks market: product type, type, packaging type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Nigeria energy and sports drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Nigeria energy and sports drinks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Nigeria Energy and Sports Drinks Market – Product Type Analysis
Nigeria Energy and Sports Drinks Market – Type Analysis
Nigeria Energy and Sports Drinks Market – Packaging Type Analysis
Nigeria Energy and Sports Drinks Market – Distribution Channel Analysis
Key Players and Market Share
– The Coca-Cola Company
– Suntory Holdings Limited
– Sun Mark Limited
– S. Spitz GmbH
– Rite Foods Limited
– Red Bull GmbH
– PepsiCo, Inc.
– Monster Beverage Corporation
– Imperial Beverages Limited (IBL)
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Nigeria Energy and Sports Drinks Market 2019-2029
Chart Nigeria Energy and Sports Drinks Market, Net Growth, 2019-2029
Chart Nigeria Energy and Sports Drinks Market, Growth Rates, 2019-2029
Table Nigeria Energy and Sports Drinks Market by Product Type, 2019-2029
Chart Nigeria Energy and Sports Drinks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Nigeria Energy and Sports Drinks Market by Product Type, 2019-2029
Table Nigeria Energy and Sports Drinks Market by Type, 2019-2029
Chart Nigeria Energy and Sports Drinks Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Nigeria Energy and Sports Drinks Market by Type, 2019-2029
Table Nigeria Energy and Sports Drinks Market by Packaging Type, 2019-2029
Chart Nigeria Energy and Sports Drinks Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart Nigeria Energy and Sports Drinks Market by Packaging Type, 2019-2029
Table Nigeria Energy and Sports Drinks Market by Distribution Channel, 2019-2029
Chart Nigeria Energy and Sports Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Nigeria Energy and Sports Drinks Market by Distribution Channel, 2019-2029
Table Nigeria Energy and Sports Drinks Market Share (%), by Companies, 2019-2023
Chart Nigeria Energy and Sports Drinks Market, by Companies, 2023
Table Nigeria Energy and Sports Drinks Market Share (%), by Brands, 2019-2023
Chart Nigeria Energy and Sports Drinks Market, by Brands, 2023
Table Nigeria – Population (Millions) and Forecast
Table Nigeria – Consumer Price Index (CPI) and Forecast
Table Nigeria – Gross Domestic Product and Forecast
Table Nigeria Energy and Sports Drinks Market: Spend as a Proportion of GDP (%)
Table Nigeria Energy and Sports Drinks Market: Consumption per Capita (Population)
Companies Mentioned
The Coca-Cola Company
Suntory Holdings Limited
Sun Mark Limited
S. Spitz GmbH
Rite Foods Limited
Red Bull GmbH
PepsiCo, Inc.
Monster Beverage Corporation
Imperial Beverages Limited (IBL)
Heineken N.V.
Forever Living Products International, Inc.
Deluxe Rich Sdn. Bhd.