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Projections for the Nigeria carbonated soft drinks market suggest a promising growth trajectory, with an anticipated rise of USD 2.2 billion and a CAGR nearing 8.1% over the next five years. Nigeriaโs carbonated soft drinks market is one of the largest in Africa, fueled by a growing urban population and rising disposable incomes, particularly in cities like Lagos and Abuja. The demand for both local and international carbonated drinks is increasing, driven by the young, dynamic demographic that favors flavored and premium sodas. Health-conscious trends are also influencing the market, with a rising preference for low-sugar and sugar-free options. The growth of modern retail formats, including supermarkets and e-commerce platforms, is making carbonated drinks more accessible, contributing to market expansion.
Providing a holistic view of the Nigeria carbonated soft drinks market, this report analyzes historical performance from 2020 to 2024 and projects trends through 2030. It evaluates market size, growth rates, and key segments, uncovering the forces driving change in the sector. With a focus on type, product type, packaging and distribution channel, the report delivers a detailed analysis to inform strategic planning and market positioning.
The Nigeria carbonated soft drinks market is structured as follows:
Type: regular, low sugar/sugar free
Product type: cola carbonates, carbonated orange drinks, lemonade and lime, tonic water and mixers, others
Packaging: glass bottles, metal cans, plastic bottles
Distribution channel: supermarkets and hypermarkets, food and beverages stores, grocery stores, foodservice channels, others
The Nigeria carbonated soft drinks market is segmented by type, product type, packaging and distribution channel. By type, the market includes regular, and low sugar/sugar free. Product type segments are divided into cola carbonates, carbonated orange drinks, lemonade and lime, tonic water and mixers, and others. Packaging segments consist of glass bottles, metal cans, and plastic bottles. Distribution channel segmentation includes supermarkets and hypermarkets, food and beverages stores, grocery stores, foodservice channels, and others.
In examining the competitive landscape, key players in the carbonated soft drinks market include UAC of Nigeria PLC (UAC), The La Casera Company (TLCC), The Coca-Cola Company, Suntory Holdings Limited, Rite Foods Limited, Primo Water Corporation, PepsiCo Inc., Nichols plc, Monarch Beverage Company, Mamuda Group Nigeria Limited, Imperial Beverages Limited (IBL) and AJE Group.
The report provides a detailed assessment of prominent companies within the carbonated soft drinks market, tracking their performance from 2020 to 2024. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Obtain precise statistical data and forecasts for the Nigeria carbonated soft drinks market.
Gain in-depth analysis and forecasts for the key segments of the Nigeria carbonated soft drinks market: type, product 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 carbonated soft drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Nigeria carbonated 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
Key Findings
Market Segmentation
Market Overview
Nigeria Carbonated Soft Drinks Market – Type Analysis
Nigeria Carbonated Soft Drinks Market – Product Type Analysis
Nigeria Carbonated Soft Drinks Market – Packaging Analysis
Nigeria Carbonated Soft Drinks Market – Distribution Channel Analysis
Company Shares Analysis
UAC of Nigeria PLC (UAC)
The La Casera Company (TLCC)
The Coca-Cola Company
Suntory Holdings Limited
Rite Foods Limited
Primo Water Corporation
PepsiCo, Inc.
Nichols plc
Monarch Beverage Company
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Nigeria Carbonated Soft Drinks Market 2020-2030
Chart Nigeria Carbonated Soft Drinks Market, Net Growth, 2020-2030
Chart Nigeria Carbonated Soft Drinks Market, Growth Rates, 2020-2030
Table Nigeria Carbonated Soft Drinks Market by Type, 2020-2030
Chart Nigeria Carbonated Soft Drinks Market by Type, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Carbonated Soft Drinks Market by Type, 2020-2030
Table Nigeria Carbonated Soft Drinks Market by Product Type, 2020-2030
Chart Nigeria Carbonated Soft Drinks Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Carbonated Soft Drinks Market by Product Type, 2020-2030
Table Nigeria Carbonated Soft Drinks Market by Packaging, 2020-2030
Chart Nigeria Carbonated Soft Drinks Market by Packaging, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Carbonated Soft Drinks Market by Packaging, 2020-2030
Table Nigeria Carbonated Soft Drinks Market by Distribution Channel, 2020-2030
Chart Nigeria Carbonated Soft Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Carbonated Soft Drinks Market by Distribution Channel, 2020-2030
Table Nigeria Carbonated Soft Drinks Market Share (%), by Companies, 2020-2024
Chart Nigeria Carbonated Soft Drinks Market, by Companies, 2024
Table Nigeria Carbonated Soft Drinks Market Share (%), by Brands, 2020-2024
Chart Nigeria Carbonated 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 Carbonated Soft Drinks Market: Spend as a Proportion of GDP (%)
Table Nigeria Carbonated Soft Drinks Market: Consumption per Capita (Population)
UAC of Nigeria PLC (UAC)
The La Casera Company (TLCC)
The Coca-Cola Company
Suntory Holdings Limited
Rite Foods Limited
Primo Water Corporation
PepsiCo, Inc.
Nichols plc
Monarch Beverage Company
Mamuda Group Nigeria Limited
Imperial Beverages Limited (IBL)
AJE Group
Product Type | Market Research |
---|---|
Region | Middle East and Africa |
Published Date | 2025 |
โ Market Estimates, Forecasts & Historical Data
โ Critical Performance Data and Rankings
โ Emerging Trends, Market Changes
โ PDF Report and Excel Datasheet
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