Forecast: Wine Market Size Volume in Nigeria 2022 - 2026 Discover more data with ReportLinker!

For the third consecutive year, the Nigerien wine market recorded decline in sales value, which decreased by less than 0.1% to $34M in 2024. Overall, consumption, however, saw a abrupt setback. Wine consumption peaked at $190M in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.

USD 257.47 Million in 2024; projected USD 432.74 Million by 2033; CAGR 5.92%.

USD 2.29 Million in 2024; projected USD 3.05 Million by 2033; CAGR 3.26%.

Nigeria Port Wine Market is expected to grow during 2025-2031

Forecast: Wine Market Size Volume Per Capita in Nigeria 2022 - 2026 Discover more data with ReportLinker!

In 2024, the Nigerien wine of fresh grapes market increased by 108% to $4.5M, rising for the second consecutive year after two years of decline. Overall, consumption, however, continues to indicate a abrupt setback. Over the period under review, the market attained the maximum level at $67M in 2013; however, from 2014 to 2024, consumption remained at a lower figure.

For the third year in a row, the Nigerien sparkling wine market recorded decline in sales value, which decreased by -1.9% to $8.8M in 2024. Overall, consumption continues to indicate a abrupt decrease. Sparkling wine consumption peaked at $63M in 2021; however, from 2022 to 2024, consumption failed to regain momentum.

USD 42.83 Million in 2024; projected USD 69.51 Million by 2033; CAGR 5.52%.

In 2024, Nigeria ranked first by combined revenue in the 'Cider, Perry & Rice Wine' segment of the alcoholic drinks market among the 25 countries presented in the ranking. Nigeria's combined revenue amounted to ************* U.S. dollars, while Japan and China, the second and third countries, had records amounting to ************* U.S. dollars and ************* U.S. dollars, respectively.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Cider, Perry & Rice Wine.

The Middle East and Africa Wine Market Report is Segmented by Product Type (Fortified Wine, Still Wine, Sparkling Wine, Others), Colour (Red Wine, White Wine, Rose Wine), Price Range (Mass, Premium), End User (Men, Women), Distribution Channel (On-Trade, Off-Trade), and Geography (South Africa, Saudi Arabia, United Arab Emirates, Nigeria, Egypt, Morocco, Turkey, and More). The Market Forecasts are Provided in Terms of Value (USD).

USD 13.91 Million in 2024; projected USD 26.28 Million by 2033; CAGR 7.34%.

The size of the MEA Wine Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 3.32% during the forecast period. Recent developments include: In December 2021, Nigerian pharmacists launched new wine brands in Nigeria. He partnered with leading wine makers in France to produce Princi wines like Princi Pinal, Princi Merlot, and Princi Cabernet Sauvignon for the Nigerian market., In April 2021, South Africa's Birthmark of Africa Wines launched its new collection. The new collection includes Brut Chardonnay MCC - Méthode Cap Classique; Heritage Premium Red Blend; Heritage Premium White Blend; Premium Chardonnay; Premium Chenin Blanc; Premium Merlot; Premium Pinotage; and Premium Pinotage Rose., In April 2020, Spinneys Liquor, part of the MMI group, also launched its own home delivery service for wine, beer, and spirits in Abu Dhabi.. Key drivers for this market are: Increasing Focus on Maintaining Health and Well-Being, Launching Supplements For Specific Purposes and Targeted Population. Potential restraints include: Supplement Consumption and Their Side-effects, Inclination Towards Substitute Products. Notable trends are: Changing Lifestyle and Consumption Habits of Wine.

Statistics illustrates market overview of wine and grape must in Nigeria from 2007 to 2024.

Nigeria Wine Corks Market is expected to grow during 2025-2031

In 2017, imports of corks and stoppers of agglomerated cork for sparkling wine in Nigeria amounted to X tons, coming down by -X% against the previous year. In general, imports of corks and stoppers of agglomerated cork for sparkling wine continue to indicate a drastic decrease. The most prominent rate of growth was recorded in 2009, an increase of X% year-to-year.

USD 57.48 Million in 2024; projected USD 149.18 Million by 2033; CAGR 11.19%.

The Nigerien wine and grape must market stood at $656M in 2024, with an increase of 6% against the previous year. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2024; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $682M. From 2019 to 2024, the growth of the market remained at a lower figure.

USD 3.16 Million in 2024; projected USD 7.92 Million by 2033; CAGR 10.74%.

Statistics illustrates market overview of sparkling wine in Nigeria from 2007 to 2024.