Nigeria Soft Drinks Market 2025$625.0
With accelerating growth dynamics, the Nigeria soft drinks sector is anticipated to expand by USD 8.3 billion, exhibiting a robust CAGR of 10.1% during the period from 2025 to 2030. Nigeria’s soft drinks sector remains robust, driven by a large and growing population with a strong preference for affordable, ready-to-drink beverages. Rising urbanization and improving cold-chain logistics are broadening product accessibility. Furthermore, the health and wellness movement is gradually influencing consumers toward low-sugar and fortified beverage options.
This report provides a comprehensive analysis of the Nigeria soft drinks market, combining historical data from 2020 to 2024 with forward-looking projections through 2030. It examines market size, growth rates, and key trends, offering a detailed perspective on the industry’s evolution. The analysis is structured across critical dimensions, including product type, type, packaging and distribution channel, enabling stakeholders to identify opportunities and make informed strategic decisions.
Market Segmentation
The segmentation of the Nigeria soft drinks market is outlined below:
Product type: bottled water, carbonated soft drinks, concentrates, juices, RTD tea, energy drinks, sports drinks
Type: regular, low- and no-sugar soft drinks
Packaging: flexible packaging, glass bottles, liquid cartons, metal cans, plastic bottles, others
Distribution channel: food and drinks stores, forecourts, hypermarkets, small grocery stores, supermarkets, others
The soft drinks market in Nigeria is segmented based on product type, type, packaging and distribution channel. By product type, it includes bottled water, carbonated soft drinks, concentrates, juices, RTD tea, energy drinks, and sports drinks. Type segmentation includes regular, and low- and no-sugar soft drinks. Packaging segments cover flexible packaging, glass bottles, liquid cartons, metal cans, plastic bottles, and others. Distribution channel segmentation comprises food and drinks stores, forecourts, hypermarkets, small grocery stores, supermarkets, and others.
Competitive Landscape
Prominent players in the soft drinks market include Artee Industries Limited, CWAY Group, Mamuda Group Nigeria Limited, Nestle S.A., Paramount Trading & Industries Nigeria Limited (Aquarite), PepsiCo Inc., Rite Foods Limited, Suntory Holdings Limited, The Coca-Cola Company, The La Casera Company (TLCC), UAC of Nigeria PLC (UAC) and Viju Industries Nigeria Limited.
This report presents an extensive analysis of major entities in the soft drinks market, focusing on their performance from 2020 to 2024. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Nigeria soft drinks market.
Gain in-depth analysis and forecasts for the key segments of the Nigeria soft drinks market: product type, type, packaging 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 soft drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Nigeria soft 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
Market Segmentation
Market Overview
Nigeria Soft Drinks Market – Product Type Analysis
Nigeria Soft Drinks Market – Type Analysis
Nigeria Soft Drinks Market – Packaging Analysis
Nigeria Soft Drinks Market – Distribution Channel Analysis
Company Shares Analysis
Artee Industries Limited
CWAY Group
Mamuda Group Nigeria Limited
Nestle S.A.
Paramount Trading & Industries Nigeria Limited (Aquarite)
PepsiCo, Inc.
Rite Foods Limited
Suntory Holdings Limited
The Coca-Cola Company
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Nigeria Soft Drinks Market 2020-2030
Chart Nigeria Soft Drinks Market, Net Growth, 2020-2030
Chart Nigeria Soft Drinks Market, Growth Rates, 2020-2030
Table Nigeria Soft Drinks Market by Product Type, 2020-2030
Chart Nigeria Soft Drinks Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Soft Drinks Market by Product Type, 2020-2030
Table Nigeria Soft Drinks Market by Type, 2020-2030
Chart Nigeria Soft Drinks Market by Type, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Soft Drinks Market by Type, 2020-2030
Table Nigeria Soft Drinks Market by Packaging, 2020-2030
Chart Nigeria Soft Drinks Market by Packaging, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Soft Drinks Market by Packaging, 2020-2030
Table Nigeria Soft Drinks Market by Distribution Channel, 2020-2030
Chart Nigeria Soft Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Soft Drinks Market by Distribution Channel, 2020-2030
Table Nigeria Soft Drinks Market Share (%), by Companies, 2020-2024
Chart Nigeria Soft Drinks Market, by Companies, 2024
Table Nigeria Soft Drinks Market Share (%), by Brands, 2020-2024
Chart Nigeria Soft 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 Soft Drinks Market: Spend as a Proportion of GDP (%)
Table Nigeria Soft Drinks Market: Consumption per Capita (Population)
Companies Mentioned
Artee Industries Limited
CWAY Group
Mamuda Group Nigeria Limited
Nestle S.A.
Paramount Trading & Industries Nigeria Limited (Aquarite)
PepsiCo, Inc.
Rite Foods Limited
Suntory Holdings Limited
The Coca-Cola Company
The La Casera Company (TLCC)
UAC of Nigeria PLC (UAC)
Viju Industries Nigeria Limited
$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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