
Beer in Nigeria
Description
In 2023, beer witnessed substantial decline in volume terms as the ongoing high inflationary conditions in Nigeria weakened consumer purchasing power. Beer unit prices rose significantly due to rising production costs caused by higher fuel costs and the strong depreciation in the local currency, which pushed up the cost of imports. This rise in unit prices negatively impacted volume sales but underpinned current value growth. Average unit prices increased by at least 30% in 2023; whilst individu...
Euromonitor International's Beer in Nigeria report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution or pricing issues. Forecasts to 2028 illustrate how the market is set to change.
Product coverage: Dark Beer, Lager, Non/Low Alcohol Beer, Stout.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Beer market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Euromonitor International's Beer in Nigeria report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution or pricing issues. Forecasts to 2028 illustrate how the market is set to change.
Product coverage: Dark Beer, Lager, Non/Low Alcohol Beer, Stout.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Beer market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Table of Contents
31 Pages
- Beer in Nigeria
- Euromonitor International
- March 2025
- List Of Contents And Tables
- BEER IN NIGERIA
- KEY DATA FINDINGS
- 2023 DEVELOPMENTS
- Beer sales witness volume decline due to rising prices and weak consumer spending
- Economy lager faces decline even as consumers seek cheaper options
- Premium lager fairs slightly better in challenging economic conditions
- PROSPECTS AND OPPORTUNITIES
- Steady growth in beer expected as the economy recovers
- Flavoured/mixed lager and premium lager to resume strong growth
- Economy lager should drive overall growth even as mid-priced lager recovers
- CATEGORY BACKGROUND
- Lager price band methodology
- Summary 1 Lager by Price Band 2023
- Table 1 Number of Breweries 2018-2023
- CATEGORY DATA
- Table 2 Sales of Beer by Category: Total Volume 2018-2023
- Table 3 Sales of Beer by Category: Total Value 2018-2023
- Table 4 Sales of Beer by Category: % Total Volume Growth 2018-2023
- Table 5 Sales of Beer by Category: % Total Value Growth 2018-2023
- Table 6 Sales of Beer by Off-trade vs On-trade: Volume 2018-2023
- Table 7 Sales of Beer by Off-trade vs On-trade: Value 2018-2023
- Table 8 Sales of Beer by Off-trade vs On-trade: % Volume Growth 2018-2023
- Table 9 Sales of Beer by Off-trade vs On-trade: % Value Growth 2018-2023
- Table 10 Sales of Beer by Craft vs Standard 2018-2023
- Table 11 GBO Company Shares of Beer: % Total Volume 2019-2023
- Table 12 NBO Company Shares of Beer: % Total Volume 2019-2023
- Table 13 LBN Brand Shares of Beer: % Total Volume 2020-2023
- Table 14 Forecast Sales of Beer by Category: Total Volume 2023-2028
- Table 15 Forecast Sales of Beer by Category: Total Value 2023-2028
- Table 16 Forecast Sales of Beer by Category: % Total Volume Growth 2023-2028
- Table 17 Forecast Sales of Beer by Category: % Total Value Growth 2023-2028
- ALCOHOLIC DRINKS IN NIGERIA
- EXECUTIVE SUMMARY
- Alcoholic drinks in 2023: The big picture
- 2023 key trends
- Competitive landscape
- Retailing developments
- On-trade vs off-trade split
- What next for alcoholic drinks?
- MARKET BACKGROUND
- Legislation
- Legal purchasing age and legal drinking age
- Drink driving
- Advertising
- Smoking ban
- Opening hours
- On-trade establishments
- Table 18 Number of On-trade Establishments by Type 2017-2023
- TAXATION AND DUTY LEVIES
- Table 19 Taxation and Duty Levies on Alcoholic Drinks 2023
- OPERATING ENVIRONMENT
- Contraband/parallel trade
- Duty free
- Cross-border/private imports
- KEY NEW PRODUCT LAUNCHES
- Outlook
- MARKET INDICATORS
- Table 20 Retail Consumer Expenditure on Alcoholic Drinks 2018-2023
- MARKET DATA
- Table 21 Sales of Alcoholic Drinks by Category: Total Volume 2018-2023
- Table 22 Sales of Alcoholic Drinks by Category: Total Value 2018-2023
- Table 23 Sales of Alcoholic Drinks by Category: % Total Volume Growth 2018-2023
- Table 24 Sales of Alcoholic Drinks by Category: % Total Value Growth 2018-2023
- Table 25 Sales of Alcoholic Drinks by Category by Off-trade vs On-trade: Volume 2023
- Table 26 Sales of Alcoholic Drinks by Category by Off-trade vs On-trade: Value 2023
- Table 27 Sales of Alcoholic Drinks by Category by Off-trade vs On-trade: % Volume 2023
- Table 28 Sales of Alcoholic Drinks by Category by Off-trade vs On-trade: % Value 2023
- Table 29 GBO Company Shares of Alcoholic Drinks: % Total Volume 2019-2023
- Table 30 Distribution of Alcoholic Drinks by Format: % Off-trade Value 2018-2023
- Table 31 Distribution of Alcoholic Drinks by Format and by Category: % Off-trade Volume 2023
- Table 32 Forecast Sales of Alcoholic Drinks by Category: Total Volume 2023-2028
- Table 33 Forecast Sales of Alcoholic Drinks by Category: Total Value 2023-2028
- Table 34 Forecast Sales of Alcoholic Drinks by Category: % Total Volume Growth 2023-2028
- Table 35 Forecast Sales of Alcoholic Drinks by Category: % Total Value Growth 2023-2028
- DISCLAIMER
- SOURCES
- Summary 2 Research Sources
Pricing
Currency Rates
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