Nigeria Spirits Market 2025

Insights reveal that the Nigeria spirits market is set for a healthy expansion, with an anticipated growth of USD 1.6 billion, corresponding to a CAGR of nearly 9.4% from 2025 to 2030. Nigeria’s spirits market is experiencing rapid growth, driven by an expanding middle class and rising disposable incomes. Whiskey and gin are particularly popular, with international brands increasing their presence in the country. Furthermore, Nigeria’s booming nightlife and club culture are pushing the demand for premium and imported spirits, while locally produced spirits like gin and rum continue to hold significant market share.

This report offers a detailed examination of the Nigeria spirits market, leveraging historical data from 2020 to 2024 and projecting trends through 2030. It evaluates market size, growth trajectories, and key drivers of change, providing a nuanced view of the industry’s development. Through a structured analysis of product type and distribution channel, the report identifies strategic opportunities and challenges, supporting data-driven decision-making.

Market Segmentation

The Nigeria spirits market is categorized into the following segments:
Product type: brandy and cognac, liqueurs, rum, tequila and mezcal, whiskies, white spirits, others
Distribution channel: supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others

The spirits market in the Nigeria is segmented by product type and distribution channel. In terms of product type, the market is segmented into brandy and cognac, liqueurs, rum, tequila and mezcal, whiskies, white spirits, and others. Distribution channel segmentation includes supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others.

Competitive Landscape

The report profiles major companies, including William Grant & Sons Ltd., Tobal Import Drinks SL, Suntory Holdings Limited, Stellar Beverages Ltd., S.V.S. La Martiniquaise, Remy Cointreau Group, Radico Khaitan Limited (RKL), Pernod Ricard Group, Nigerian Distilleries Ltd., Mohan Meakin Ltd., LVMH Moet Hennessy Louis Vuitton SA (LVMH), Kolaq Intercontinental Herbs Ltd., Kerlin Products Ltd., Kasapreko Company Limited (KCL), Intercontinental Distillers Limited, Diageo plc, Davide Campari-Milano S.p.A., Best global Brands Ltd. and Bacardi Limited.

This comprehensive report analyzes the performance of leading companies in the spirits sector from 2020 to 2024. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Nigeria spirits market.
Gain in-depth analysis and forecasts for the key segments of the Nigeria spirits market: product 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 spirits market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Nigeria spirits 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 Spirits Market – Product Type Analysis
Nigeria Spirits Market – Distribution Channel Analysis
Company Shares Analysis
William Grant & Sons Ltd.
Tobal Import Drinks SL
Suntory Holdings Limited
Stellar Beverages Ltd.
S.V.S. La Martiniquaise
Remy Cointreau Group
Radico Khaitan Limited (RKL)
Pernod Ricard Group
Nigerian Distilleries Ltd.
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table Nigeria Spirits Market 2020-2030
Chart Nigeria Spirits Market, Net Growth, 2020-2030
Chart Nigeria Spirits Market, Growth Rates, 2020-2030
Table Nigeria Spirits Market by Product Type, 2020-2030
Chart Nigeria Spirits Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Spirits Market by Product Type, 2020-2030
Table Nigeria Spirits Market by Distribution Channel, 2020-2030
Chart Nigeria Spirits Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Spirits Market by Distribution Channel, 2020-2030
Table Nigeria Spirits Market Share (%), by Companies, 2020-2024
Chart Nigeria Spirits Market, by Companies, 2024
Table Nigeria Spirits Market Share (%), by Brands, 2020-2024
Chart Nigeria Spirits 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 Spirits Market: Spend as a Proportion of GDP (%)
Table Nigeria Spirits Market: Consumption per Capita (Population)

Companies Mentioned

William Grant & Sons Ltd.
Tobal Import Drinks SL
Suntory Holdings Limited
Stellar Beverages Ltd.
S.V.S. La Martiniquaise
Remy Cointreau Group
Radico Khaitan Limited (RKL)
Pernod Ricard Group
Nigerian Distilleries Ltd.
Mohan Meakin Ltd.
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
Kolaq Intercontinental Herbs Ltd.
Kerlin Products Ltd.
Kasapreko Company Limited (KCL)
Intercontinental Distillers Limited
Diageo plc
Davide Campari-Milano S.p.A.
Best Global Brands Ltd.
Bacardi Limited