Nigeria Alcoholic Beverages Market 2025

A surge in demand is expected to drive the Nigeria alcoholic beverages market upward, with an estimated growth of USD 15.0 billion and a CAGR approaching 18.9% through 2030. Nigeria’s alcoholic beverages market is expanding rapidly, driven by increasing urbanization, a growing middle class, and rising disposable incomes. Beer dominates the market, but spirits and wine are becoming increasingly popular, particularly among young, affluent consumers. The growing trend for premium products and the rise of local craft beer and spirits further diversify the market, with a strong demand in the hospitality and retail sectors.

This report presents a thorough analysis and future outlook for the Nigeria alcoholic beverages market, covering historical data from 2020 to 2024 and forecasts up to 2030. It investigates market size, growth patterns, and segmented insights, revealing the trends transforming the industry. By dissecting critical aspects such as product, packaging type and distribution channel, the report provides a comprehensive toolkit for understanding and capitalizing on market opportunities.

Market Segmentation

The Nigeria alcoholic beverages market is structured as follows:
Product: beer, cider/perry, RTDs, spirits, wine
Packaging type: glass bottles, metal cans, others
Distribution channel: supermarkets and hypermarkets, food & drinks specialty stores, grocery stores, bars & HoReCa, e-commerce, others

The Nigeria alcoholic beverages market is segmented by product, packaging type and distribution channel. By product, the market is categorized into beer, cider/perry, RTDs, spirits, and wine. Packaging type segments are divided into glass bottles, metal cans, and others. Distribution channel segments consist of supermarkets and hypermarkets, food & drinks specialty stores, grocery stores, bars & HoReCa, e-commerce, and others.

Competitive Landscape

The competitive landscape of the alcoholic beverages industry has been thoroughly analyzed, highlighting key players such as Stellar Beverages Ltd., Nigerian Distilleries Ltd., Intercontinental Distillers Limited, Heineken N.V., Diageo plc, Best global Brands Ltd. and AB InBev. The report provides a detailed assessment of prominent companies within the alcoholic beverages 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 alcoholic beverages market.
Gain in-depth analysis and forecasts for the key segments of the Nigeria alcoholic beverages market: product, 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 alcoholic beverages market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Nigeria alcoholic beverages 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 Alcoholic Beverages Market – Product Analysis
Nigeria Alcoholic Beverages Market – Packaging Type Analysis
Nigeria Alcoholic Beverages Market – Distribution Channel Analysis
Company Shares Analysis
Stellar Beverages Ltd.
Nigerian Distilleries Ltd.
Intercontinental Distillers Limited
Heineken N.V.
Diageo plc
Best Global Brands Ltd.
AB InBev
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

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

Companies Mentioned

Stellar Beverages Ltd.
Nigerian Distilleries Ltd.
Intercontinental Distillers Limited
Heineken N.V.
Diageo plc
Best Global Brands Ltd.
AB InBev