Wine Market in Nigeria 2021
Wine is a fermented beverage produced from grapes and sometimes other fruits. Yeast consumes the sugar in the grapes and converts it to ethanol, carbon dioxide and heat. Wine ABV (alcohol by volume) can range from as low as 5.5% to as much as 23%. The wine market in Nigeria is poised to grow by US$ 432 million from 2021 to 2027, registering a CAGR of 12.5% during the forecast period, according to StrategyHelix. Rise in number of wineries, increase in wine production, growth in disposable personal income levels and a consumer trend in alcoholic beverages toward premium products, such as wine, and away from beer are the key factors driving market growth.
The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for wine. The Nigeria wine market is segmented on the basis of product, and distribution channel. By product, the wine market in Nigeria has been segmented into fortified wine, fruit wine, sparkling wine, still wine. According to the research, the still wine segment had the largest share in the wine market in Nigeria. Based upon distribution channel, the wine market in Nigeria is categorized into supermarkets & hypermarkets, food & drink specialists, online retail, others.
The competitive landscape of the industry has also been examined along with the profiles of the key players Distell Group Limited, E & J Gallo Winery Inc, J. Garcia Carrion S.A., LVMH Moet Hennessy Louis Vuitton SA, Vicente Gandia Pla S.A.
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the wine market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Report Scope
Product: fortified wine, fruit wine, sparkling wine, still wine
Distribution channel: supermarkets & hypermarkets, food & drink specialists, online retail, others
Years considered: this report covers the period 2017 to 2027
Key Benefits for Stakeholders
Get a comprehensive picture of the Nigeria wine market
Identify regional strategies and strategic priorities on the basis of local data
Pinpoint growth sectors and trends for investment
The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for wine. The Nigeria wine market is segmented on the basis of product, and distribution channel. By product, the wine market in Nigeria has been segmented into fortified wine, fruit wine, sparkling wine, still wine. According to the research, the still wine segment had the largest share in the wine market in Nigeria. Based upon distribution channel, the wine market in Nigeria is categorized into supermarkets & hypermarkets, food & drink specialists, online retail, others.
The competitive landscape of the industry has also been examined along with the profiles of the key players Distell Group Limited, E & J Gallo Winery Inc, J. Garcia Carrion S.A., LVMH Moet Hennessy Louis Vuitton SA, Vicente Gandia Pla S.A.
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the wine market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Report Scope
Product: fortified wine, fruit wine, sparkling wine, still wine
Distribution channel: supermarkets & hypermarkets, food & drink specialists, online retail, others
Years considered: this report covers the period 2017 to 2027
Key Benefits for Stakeholders
Get a comprehensive picture of the Nigeria wine market
Identify regional strategies and strategic priorities on the basis of local data
Pinpoint growth sectors and trends for investment
PART 1. INTRODUCTION
Scope of the study
Study period
Geographical scope
Research methodology
PART 2. WINE MARKET OVERVIEW
PART 3. MARKET BREAKDOWN BY PRODUCT
Fortified wine
Fruit wine
Sparkling wine
Still wine
PART 4. MARKET BREAKDOWN BY DISTRIBUTION CHANNEL
Supermarkets & hypermarkets
Food & drink specialists
Online retail
Others
PART 5. KEY COMPANIES
Distell Group Limited
E & J Gallo Winery Inc
J. Garcia Carrion S.A.
LVMH Moet Hennessy Louis Vuitton SA
Vicente Gandia Pla S.A.
About StrategyHelix
Disclaimer
Scope of the study
Study period
Geographical scope
Research methodology
PART 2. WINE MARKET OVERVIEW
PART 3. MARKET BREAKDOWN BY PRODUCT
Fortified wine
Fruit wine
Sparkling wine
Still wine
PART 4. MARKET BREAKDOWN BY DISTRIBUTION CHANNEL
Supermarkets & hypermarkets
Food & drink specialists
Online retail
Others
PART 5. KEY COMPANIES
Distell Group Limited
E & J Gallo Winery Inc
J. Garcia Carrion S.A.
LVMH Moet Hennessy Louis Vuitton SA
Vicente Gandia Pla S.A.
About StrategyHelix
Disclaimer
