Over the forecast period carbonates is expected to perform well in total volume terms. Consumer demand will be driven by the Nigeria’s rising population, for whom cold, sweet drinks are considered an essential beverage in such a hot climate.
Despite its maturity, cola carbonates will remain the frontrunner in the carbonates category due to strong consumer familiarity and rising demand from the working population who seek energy boosting drinks, particularly whilst on the go. Volume sales of other non-cola carbonates are also expected to grow well amid rising interest in novel and exotic flavours from Nigeria’s young population.
The entrance of new players (Mamuda Beverages Nigeria Ltd, FirstBev Ltd, and Monarch Beverages & Foods Ltd) has intensified competition and provided a greater choice of products. New brands have helped to increase the diversity of pack types and flavour variants.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Carbonates industry in Nigeria with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Carbonates industry in Nigeria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Carbonates
Sweetened, non-alcoholic drinks containing carbon dioxide are included here. All carbonated products containing fruit juice (“sparkling juices”) are included here, unless they are tea-based (these are included in carbonated RTD tea) or carbonated Energy drinks, which are included in Energy Drinks. Carbonated bottled water is also excluded. Carbonates are an aggregation of cola carbonates and non-cola carbonates, whether regular or low calorie. Euromonitor International includes both naturally and artificially-sweetened carbonates.
See all of our definitionsThis report originates from Passport, our Carbonates research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!