
Nigeria Cider/Perry
Description
Cider/Perry in Nigeria
Cider/perry witnessed declining volume sales in 2023 due to the challenging economic conditions in Nigeria. High inflation limited consumer purchasing power, forcing the reduction of expenditure on non-essential products. This reduced spend on drinks for social occasions, particularly niche and less familiar drinks. The high unit prices of brands also impacted volume sales whilst driving strong current value growth. With all brands being imported, the depreciation of the local currency impacted...
Euromonitor International's Cider/Perry 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: Non Alcoholic Cider/Perry, Regular Cider/Perry.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Cider/Perry 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.
Cider/perry witnessed declining volume sales in 2023 due to the challenging economic conditions in Nigeria. High inflation limited consumer purchasing power, forcing the reduction of expenditure on non-essential products. This reduced spend on drinks for social occasions, particularly niche and less familiar drinks. The high unit prices of brands also impacted volume sales whilst driving strong current value growth. With all brands being imported, the depreciation of the local currency impacted...
Euromonitor International's Cider/Perry 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: Non Alcoholic Cider/Perry, Regular Cider/Perry.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Cider/Perry 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
25 Pages
- Cider/Perry in Nigeria
- Euromonitor International
- June 2024
- List Of Contents And Tables
- CIDER/PERRY IN NIGERIA
- KEY DATA FINDINGS
- 2023 DEVELOPMENTS
- Cider/perry sees volume decline due to challenging economic conditions
- Cider remains a niche category dependent on social occasions
- Non-alcoholic cider/perry performs well
- PROSPECTS AND OPPORTUNITIES
- Cider/perry to grow well over the forecast period as economy recovers
- On trade to perform better than retail as disposable incomes rise
- Women to boost demand for cider/perry
- CATEGORY DATA
- Table 1 Sales of Cider/Perry: Total Volume 2018-2023
- Table 2 Sales of Cider/Perry: Total Value 2018-2023
- Table 3 Sales of Cider/Perry: % Total Volume Growth 2018-2023
- Table 4 Sales of Cider/Perry: % Total Value Growth 2018-2023
- Table 5 Sales of Cider/Perry by Off-trade vs On-trade: Volume 2018-2023
- Table 6 Sales of Cider/Perry by Off-trade vs On-trade: Value 2018-2023
- Table 7 Sales of Cider/Perry by Off-trade vs On-trade: % Volume Growth 2018-2023
- Table 8 Sales of Cider/Perry by Off-trade vs On-trade: % Value Growth 2018-2023
- Table 9 GBO Company Shares of Cider/Perry: % Total Volume 2019-2023
- Table 10 NBO Company Shares of Cider/Perry: % Total Volume 2019-2023
- Table 11 LBN Brand Shares of Cider/Perry: % Total Volume 2020-2023
- Table 12 Forecast Sales of Cider/Perry: Total Volume 2023-2028
- Table 13 Forecast Sales of Cider/Perry: Total Value 2023-2028
- Table 14 Forecast Sales of Cider/Perry: % Total Volume Growth 2023-2028
- Table 15 Forecast Sales of Cider/Perry: % 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 16 Number of On-trade Establishments by Type 2017-2023
- TAXATION AND DUTY LEVIES
- Table 17 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 18 Retail Consumer Expenditure on Alcoholic Drinks 2018-2023
- MARKET DATA
- Table 19 Sales of Alcoholic Drinks by Category: Total Volume 2018-2023
- Table 20 Sales of Alcoholic Drinks by Category: Total Value 2018-2023
- Table 21 Sales of Alcoholic Drinks by Category: % Total Volume Growth 2018-2023
- Table 22 Sales of Alcoholic Drinks by Category: % Total Value Growth 2018-2023
- Table 23 Sales of Alcoholic Drinks by Category by Off-trade vs On-trade: Volume 2023
- Table 24 Sales of Alcoholic Drinks by Category by Off-trade vs On-trade: Value 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 GBO Company Shares of Alcoholic Drinks: % Total Volume 2019-2023
- Table 28 Distribution of Alcoholic Drinks by Format: % Off-trade Value 2018-2023
- Table 29 Distribution of Alcoholic Drinks by Format and by Category: % Off-trade Volume 2023
- Table 30 Forecast Sales of Alcoholic Drinks by Category: Total Volume 2023-2028
- Table 31 Forecast Sales of Alcoholic Drinks by Category: Total Value 2023-2028
- Table 32 Forecast Sales of Alcoholic Drinks by Category: % Total Volume Growth 2023-2028
- Table 33 Forecast Sales of Alcoholic Drinks by Category: % Total Value Growth 2023-2028
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
Pricing
Currency Rates
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