Juices - Niger | Statista Market Forecast

Juices - Niger

Niger

Highlights

Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Juices market amounts to US$80.07m in 2024.
Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$16.82m in 2024.
Revenue, combined amounts to US$96.89m in 2024.
The revenue, at home is expected to grow annually by 4.32% (CAGR 2024-2029).
In global comparison, most revenue, at home is generated United States (US$14bn in 2024).
In relation to total population figures, the average revenue per capita, at home of US$2.83 are generated in 2024.
In the Juices market, volume, at home is expected to amount to 40.38m L by 2024.
Volume, out-of-home is expected to amount to 2.07m L in 2024.
Volume, combined is expected to amount to 42.45m L in 2024.
The Juices market is expected to show a volume growth, at home of 2.6% in 2025.0.
The average volume per person, at home in the Juices market is expected to amount to 1.43L in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Juices market in Niger has been experiencing significant growth in recent years.

Customer preferences: Nigerian consumers have been increasingly opting for healthier beverage options, which has led to a rise in the demand for juices. With growing awareness about the health benefits of consuming fruits and vegetables, consumers are seeking out natural and nutritious alternatives to carbonated drinks. Additionally, the convenience and portability of packaged juices have made them a popular choice among busy urban consumers.

Trends in the market: One of the key trends in the Juices market in Niger is the increasing popularity of freshly squeezed juices. Consumers are gravitating towards juices that are made from fresh fruits and vegetables, as they perceive them to be more natural and healthier compared to processed juices. This trend is also driven by the rising number of juice bars and cafes that offer made-to-order juices, allowing consumers to customize their drinks according to their preferences. Another trend in the market is the demand for organic and natural juices. Consumers are becoming more conscious about the ingredients used in their food and beverages, and are willing to pay a premium for products that are free from artificial additives and preservatives. This has led to the emergence of organic juice brands in the market, catering to the growing demand for healthier and more sustainable options.

Local special circumstances: Niger's tropical climate and fertile soil make it an ideal location for the cultivation of a wide variety of fruits. This abundance of fresh produce has contributed to the availability of a diverse range of fruits for juicing purposes. Locally sourced fruits such as oranges, mangoes, and pineapples are commonly used in the production of juices, ensuring that consumers have access to fresh and flavorful options.

Underlying macroeconomic factors: Niger's growing population and improving economic conditions have also played a role in the development of the Juices market. As disposable incomes rise, consumers have more purchasing power to spend on premium and healthier beverage options. This has created a favorable environment for both local and international juice brands to expand their presence in the market. In conclusion, the Juices market in Niger is experiencing growth due to changing customer preferences for healthier beverage options, the increasing popularity of freshly squeezed and organic juices, the availability of a wide variety of fruits, and the improving economic conditions in the country.

Data coverage:

The data encompasses B2C enterprises. The at-home market covers retail sales via super- and hypermarkets, eCommerce, convenience stores, or similar sales channels. The out-of-home data encompasses all sales to hotels, restaurants, catering, cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. Both the at-home and the out-of-home market are valued at retail selling prices including all sales and consumption taxes.

Modeling approach:

Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending (e.g. consumer spending on Non-Alcoholic Drinks, consumer spending at Hotels, Restaurants etc.), and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Non-Alcoholic Drinks market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.