Nigeria Milk Market 2025

Projected for swift expansion, the Nigeria milk market is anticipated to grow from USD 1,089.4 million in 2024 to USD 4,076.6 million by 2030, with a strong CAGR of 24.6% over the period from 2025 to 2030. The Nigeria milk market is primarily driven by a growing population and increasing urbanization, which are fueling demand for dairy products across the country. Rising disposable incomes, particularly among the expanding middle class, are leading to a greater preference for packaged and fortified milk products that cater to nutritional needs. Additionally, government initiatives aimed at boosting local milk production and reducing the country’s reliance on imports are playing a crucial role in market development. Investments in improving dairy farming practices and expanding cold chain logistics are further enhancing the availability and quality of milk products. The proliferation of modern retail outlets and e-commerce platforms is also facilitating wider consumer access to diverse milk options, supporting overall market growth.

The report offers a comprehensive analysis of the Nigeria milk market, delivering detailed insights into market size, historical growth trends over the past six years, and forward-looking projections through 2030. It provides a granular breakdown of the market by product and distribution channel, highlighting key drivers, challenges, and opportunities shaping the industry.

Market Segmentation

The following outlines the segmentation of the Nigeria milk market:
Product: cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, powdered milk
Distribution channel: convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, others

The Nigeria milk market is segmented by product and distribution channel. By product, the market is categorized into cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, and powdered milk. Distribution channel segments are divided into convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, and others.

Competitive Landscape

Major participants in the milk market comprise Viju Industries Nigeria Limited, TGI Distri Limited, Royal FrieslandCampina N.V., Promasidor (South Africa) (Pty) Ltd., Ornua Co-operative Ltd., Nestle S.A., DMK Deutsches Milchkontor GmbH, Danone S.A., Cway Food & Beverages Nig. Co. Ltd., Bobofoods & Beverages Limited and Arla Foods amba.

This report delivers an in-depth examination of leading companies in the milk sector, analyzing their performance from 2020 to 2024. The results indicate changes in market share, emphasizing both established leaders and new entrants.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Nigeria milk market.
Gain in-depth analysis and forecasts for the key segments of the Nigeria milk market: product 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 milk market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Nigeria milk 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 Milk Market – Product Analysis
Nigeria Milk Market – Distribution Channel Analysis
Company Shares Analysis
Viju Industries Nigeria Limited
TGI Distri Limited
Royal FrieslandCampina N.V.
Promasidor (South Africa) (Pty) Ltd.
Ornua Co-operative Ltd.
Nestle S.A.
DMK Deutsches Milchkontor GmbH
Danone S.A.
Cway Food & Beverages Nig. Co. Ltd.
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

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

Companies Mentioned

Viju Industries Nigeria Limited
TGI Distri Limited
Royal FrieslandCampina N.V.
Promasidor (South Africa) (Pty) Ltd.
Ornua Co-operative Ltd.
Nestle S.A.
DMK Deutsches Milchkontor GmbH
Danone S.A.
Cway Food & Beverages Nig. Co. Ltd.
Bobofoods & Beverages Limited
Arla Foods amba