Nigeria Hot Drinks Market 2025$625.0
The Nigeria hot drinks market is on track for substantial growth, expected to escalate from USD 1,363.6 million in 2024 to USD 3,833.4 million by 2030, corresponding to an impressive CAGR of 18.8% during the forecast period. Nigeria’s hot drinks market is influenced by a growing demand for local coffee varieties and traditional beverages. The increasing interest in specialty products and health-focused hot drinks is further enhancing market dynamics.
Providing a holistic view of the Nigeria hot drinks market, this report analyzes historical performance from 2020 to 2024 and projects trends through 2030. It evaluates market size, growth rates, and key segments, uncovering the forces driving change in the sector. With a focus on product type, packaging type and distribution channel, the report delivers a detailed analysis to inform strategic planning and market positioning.
Market Segmentation
The Nigeria hot drinks market is structured as follows:
Product type: coffee, tea, chocolate drinks, malted drinks
Packaging type: flexible packaging, glass, metal, paper-based containers, rigid plastic
Distribution channel: supermarkets and hypermarkets, grocery stores, bars & HoReCa, others
The Nigeria hot drinks market is categorized by product type, packaging type and distribution channel. By product type, the market includes coffee, tea, chocolate drinks, and malted drinks. Packaging type segmentation includes flexible packaging, glass, metal, paper-based containers, and rigid plastic. Distribution channel segments consist of supermarkets and hypermarkets, grocery stores, bars & HoReCa, and others.
Competitive Landscape
Key players in the hot drinks market consist of The Richmond Tea Company Ltd, Royal FrieslandCampina N.V., Qualitea Ceylon (PVT) Ltd., Promasidor (South Africa) (Pty) Ltd., Premium Cocoa Products (Ile-Oluji) Ltd., Nestle S.A., Mondelez International Inc., Lipton Teas and Infusions, Food Empire Holdings Ltd., CCL Products (India) Limited, Associated British Foods plc and Ahmad Tea Ltd.
The report provides a detailed assessment of prominent companies within the hot drinks market, tracking their performance from 2020 to 2024. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Nigeria hot drinks market.
Gain in-depth analysis and forecasts for the key segments of the Nigeria hot drinks market: product 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 hot drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Nigeria hot drinks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.
Table of Contents
TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Nigeria Hot Drinks Market – Product Type Analysis
Nigeria Hot Drinks Market – Packaging Type Analysis
Nigeria Hot Drinks Market – Distribution Channel Analysis
Company Shares Analysis
The Richmond Tea Company Ltd
Royal FrieslandCampina N.V.
Qualitea Ceylon (PVT) Ltd.
Promasidor (South Africa) (Pty) Ltd.
Premium Cocoa Products (Ile-Oluji) Ltd.
Nestle S.A.
Mondelez International Inc.
Lipton Teas and Infusions
Food Empire Holdings Ltd.
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Nigeria Hot Drinks Market 2020-2030
Chart Nigeria Hot Drinks Market, Net Growth, 2020-2030
Chart Nigeria Hot Drinks Market, Growth Rates, 2020-2030
Table Nigeria Hot Drinks Market by Product Type, 2020-2030
Chart Nigeria Hot Drinks Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Hot Drinks Market by Product Type, 2020-2030
Table Nigeria Hot Drinks Market by Packaging Type, 2020-2030
Chart Nigeria Hot Drinks Market by Packaging Type, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Hot Drinks Market by Packaging Type, 2020-2030
Table Nigeria Hot Drinks Market by Distribution Channel, 2020-2030
Chart Nigeria Hot Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Hot Drinks Market by Distribution Channel, 2020-2030
Table Nigeria Hot Drinks Market Share (%), by Companies, 2020-2024
Chart Nigeria Hot Drinks Market, by Companies, 2024
Table Nigeria Hot Drinks Market Share (%), by Brands, 2020-2024
Chart Nigeria Hot Drinks Market, by Brands, 2024
Table Nigeria – Population (Millions) and Forecast
Table Nigeria – Consumer Price Index (CPI) and Forecast
Table Nigeria – Gross Domestic Product and Forecast
Table Nigeria Hot Drinks Market: Spend as a Proportion of GDP (%)
Table Nigeria Hot Drinks Market: Consumption per Capita (Population)
Companies Mentioned
The Richmond Tea Company Ltd
Royal FrieslandCampina N.V.
Qualitea Ceylon (PVT) Ltd.
Promasidor (South Africa) (Pty) Ltd.
Premium Cocoa Products (Ile-Oluji) Ltd.
Nestle S.A.
Mondelez International Inc.
Lipton Teas and Infusions
Food Empire Holdings Ltd.
CCL Products (India) Limited
Associated British Foods plc
Ahmad Tea Ltd.
$625.0
What's Inside?
→ Market Estimates, Forecasts & Historical Data
→ Critical Performance Data and Rankings
→ Emerging Trends, Market Changes
→ PDF Report and Excel Datasheet
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