Nigeria Coffee Market 2024


Market Overview

Coffee contains caffeine, a natural stimulant that helps increase alertness, improve concentration, and reduce fatigue. This stimulating effect makes coffee a popular choice for boosting energy levels and staying awake, particularly in the morning or during long workdays. The coffee market in Nigeria is likely to register a CAGR of over 19.9% with an incremental growth of USD 108.1 million during the forecast period 2024-2029. The process of urbanization is driving the growth of the coffee market. Changes in urban lifestyles typically accompany an increased demand for convenience and trendy food and beverage products, including high-quality coffee. Additionally, as people’s economic power strengthens, they are more capable of purchasing high-quality coffee, thus further propelling the growth of the coffee market.

Furthermore, with the development of globalization, coffee culture is also spreading and becoming popular in emerging market countries. People have a higher awareness of the quality and diversity of coffee, leading to an increased demand for specialty and premium coffee products. This trend is driving the growth of the coffee market.

The report provides a comprehensive overview of the Nigeria coffee industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as product type, package type, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the coffee industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the coffee industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.


Market Segmentation

The coffee market in Nigeria is segmented as below:
Product type: ground coffee, instant coffee (standard instant coffee, coffee mix), and whole bean
Package type: flexible aluminum/plastic, glass, stand-up pouches, and others
Distribution channel: bars & HoReCa, convenience stores, e-commerce, forecourt stores, grocery stores, supermarkets and hypermarkets, vending, and others

The Nigeria coffee market is segmented on the basis of product type, package type, and distribution channel. On the basis of product type, the coffee market in Nigeria has been segmented into ground coffee, instant coffee (standard instant coffee, coffee mix), and whole bean. By package type, the coffee market in Nigeria has been segmented into flexible aluminum/plastic, glass, stand-up pouches, and others. Based on distribution channel, the coffee market in Nigeria is categorized into bars & HoReCa, convenience stores, e-commerce, forecourt stores, grocery stores, supermarkets and hypermarkets, vending, and others.


Competitive Landscape

The key players in the coffee market include Nestle S.A., Food Empire Holdings Ltd., JDE Peet’s N.V., Avi Ltd., CCL Products (India) Limited.

The report is an indispensable tool for companies and organizations operating in the coffee industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the coffee market.


Why Buy This Report?

Provide statistical data or estimations for the Nigeria coffee market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the coffee market in Nigeria
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the coffee market in Nigeria looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities


Table of Contents

TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Nigeria Coffee Market – Product Type Analysis
3.1 Ground coffee
3.2 Instant coffee (standard instant coffee, coffee mix)
3.3 Whole bean
4. Nigeria Coffee Market – Package Type Analysis
4.1 Flexible aluminum/plastic
4.2 Glass
4.3 Stand-up pouches
4.4 Others
5. Nigeria Coffee Market – Distribution Channel Analysis
5.1 Bars & HoReCa
5.2 Convenience stores
5.3 E-commerce
5.4 Forecourt stores
5.5 Grocery stores
5.6 Supermarkets and hypermarkets
5.7 Vending
5.8 Others
6. Company Profiles
6.1 Nestle S.A.
6.2 Food Empire Holdings Ltd.
6.3 JDE Peet’s N.V.
6.4 Avi Ltd.
6.5 CCL Products (India) Limited
DISCLAIMER


Companies Mentioned

Nestle S.A.
Food Empire Holdings Ltd.
JDE Peet’s N.V.
Avi Ltd.
CCL Products (India) Limited


Purchase Report

$ 250

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