Category: Beverages
Nigeria Beverages
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Nigeria Beverages Consumption Trends and Forecasts Tracker, Q2 2023
... latest industry performance and developments on a quarterly basis, covering - Top line consumption volumes for Q2-2023 vs Q2-2022, moving annual totals (MAT), full year 2022 provisional data and 2023 forecasts for all beverage categories. ... Read More
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Drinking Milk Products in Nigeria
... inflationary conditions continue to impact demand in 2023, albeit with a relatively improved situation compared to 2022. These conditions have significantly weakened consumer spending power, while unit prices continue to rise appreciably in 2022 due ... Read More
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Plant-Based Dairy in Nigeria
... unit pricing. Despite showing considerable growth over the review period, plant-based dairy remains a relatively niche category in Nigeria, rendering it non-essential in the eyes of most consumers. Euromonitor International's Plant-based Dairy in Nigeria report ... Read More
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Yoghurt and Sour Milk Products in Nigeria
... to inflationary conditions that affected both consumer affordability and unit prices. Inflation persists throughout 2023, influencing the pace of recovery. Nonetheless, yoghurt emerges as a substitute snack and dairy option for many consumers seeking alternatives ... Read More
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Other Dairy in Nigeria
... the growth rate in 2023 remains constrained. However, the rate of increase in unit prices for various categories is slower compared to the acceleration witnessed in 2022, even though the price escalation is still substantial. ... Read More
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Nigeria Yogurt Drinks Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
... reach US$ 273.3 Billion by 2028, exhibiting a growth rate (CAGR) of 10.17% during 2023-2028. Yogurt drink refers to a coagulated dairy-based beverage that is prepared by fermenting milk with microorganism cultures like Lactobacillus bulgaricus ... Read More
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West Africa Alcoholic Beverages Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
... market to reach US$ 17.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028. The rising consumption of alcoholic beverages among the masses, the rising popularity of socializing among individuals, and the ... Read More
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Alcoholic Drinks in Nigeria
... many alcoholic drinks categories proved to be quite resilient despite these difficulties. Total volume sales grew well for categories dominated by economy brands, particularly gin and bitters, whilst value sales grew strongly for all categories, ... Read More
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Wine in Nigeria
... the weak economy had a negative impact on consumption. Since almost all brands of wine are imported, the strong depreciation of the local currency led to steep rises in import prices. And, as consumers’ spending ... Read More
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Beer in Nigeria
... over the review period even during periods of economic difficulty, as many consumers moved to economy products rather than stopping consumption altogether, the conditions in 2022 were more severe. In 2022 beer unit prices saw ... Read More
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Cider/Perry in Nigeria
... However, cider/perry maintained total volume growth in 2022 despite the poor economic conditions, as the consumer base for this still niche category is largely those on higher incomes, who were less impacted by the negative ... Read More
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Spirits in Nigeria
... by economy brands. Whilst categories dominated by premium brands saw weaker performances overall, some premium categories performed well as consumers of premium products were less impacted by the difficult economic conditions. Premium spirits are often ... Read More
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Rtds in Nigeria
... in 2022, particularly high inflation, which impacted consumers’ spending power, a slight decline was seen in this year. RTDs is particularly vulnerable to economic shocks, as during hard economic times, price-sensitive local consumers tend to ... Read More
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Nigeria Juice Market Size & Market Share Data, Latest Trend Analysis and Future Growth Intelligence Report - Forecast by Product Type, by Form, Analysis and Outlook from 2023 to 2030
... Trends, Growth Opportunities, and Restraining Factors This latest publication on the Nigeria Juice market presents revised market size from 2023 to 2030, current trends shaping the Nigeria Juice market, short-term and long-term factors driving the ... Read More
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RTD Coffee in Nigeria
... 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 (2018-2022), allowing you to identify the sectors driving growth. ... Read More
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Nigeria Beer and Cider Market Overview by Category, Segment and Price Dynamics, Company, Brand, Distribution and Packaging Insights and Case Studies
... the beer and cider sector and the report contains introduction, category and segment insights, company and brand insights, distribution insights, packaging insights, consumer insights, recommendations and appendix sections. Key insights and drivers behind the Beer ... Read More
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Sports Nutrition in Nigeria
... of the benefits of regular physical exercise and participation in sport. This is resulting in growing interest in the area of sports nutrition. Younger customers, in particular, are becoming more interested in being fit, with ... Read More