Carbonates witnessed moderate volume growth in 2024 despite rising high inflation in Nigeria. The hot climate makes cold sweet and fizzy drinks a necessity among locals and visitors. Consumption is also rising gradually alongside population growth. Carbonates have benefited from the growing preference of snacks as an alternative to main meals, due to the rising cost of food. Indeed, carbonates are a popular complement to bread, pastries and other cheap snacks. They also enjoy a price advantage r...
Euromonitor International's Carbonates in Nigeria report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they legislative, distribution, packaging or pricing issues. Forecasts to 2028 illustrate how the market is set to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Carbonates market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Carbonates in Nigeria
Euromonitor International
December 2024
List Of Contents And Tables
CARBONATES IN NIGERIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Carbonates grow well despite challenging economy as consumers seek complements to snacks
Cola carbonates posts strong performance as consumers seek energy boost
Younger brands enter category with affordable products
PROSPECTS AND OPPORTUNITIES
Carbonates to grow well driven by population growth
Cola carbonates to retain its popularity as an impulse purchase
Highly competitive landscape will drive innovation
CATEGORY DATA
Table 1 Off-trade vs On-trade Sales of Carbonates: Volume 2019-2024
Table 2 Off-trade vs On-trade Sales of Carbonates: Value 2019-2024
Table 3 Off-trade vs On-trade Sales of Carbonates: % Volume Growth 2019-2024
Table 4 Off-trade vs On-trade Sales of Carbonates: % Value Growth 2019-2024
Table 5 Off-trade Sales of Carbonates by Category: Volume 2019-2024
Table 6 Off-trade Sales of Carbonates by Category: Value 2019-2024
Table 7 Off-trade Sales of Carbonates by Category: % Volume Growth 2019-2024
Table 8 Off-trade Sales of Carbonates by Category: % Value Growth 2019-2024
Table 9 Total Sales of Carbonates by Fountain On-trade: Volume 2019-2024
Table 10 Total Sales of Carbonates by Fountain On-trade: % Volume Growth 2019-2024
Table 11 NBO Company Shares of Off-trade Carbonates: % Volume 2020-2024