Nigeria Olive Oil Market Size & Outlook, 2025-2033

Nigeria Olive Oil Market Insights

As per Deep Market Insights insights, the Nigeria Olive Oil Market stood at USD 110.92 Million in 2024 and is anticipated to grow to USD 207.99 Million by 2033.
The Nigeria market is expected to advance at a CAGR of 7.28% from 2025 through 2033.
In 2024, Extra virgin olive oil accounted for the highest share of the Product Type market size.
During the forecast period, Refined olive oil is set to register the highest growth, making it the most lucrative Product Type segment.

Nigeria accounted for 0.44% of the global Olive Oil Market size in 2024.
By 2033, United States is expected to remain the top global market in terms of size.
Within Middle East and Africa, United Arab Emirates is forecasted to dominate the regional Olive Oil Market size by 2033.
Egypt will be the fastest-growing market in Middle East and Africa, projected to achieve USD 383.01 Million by 2033.

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 110.92 Million
Market Size In 2033	USD 207.99 Million
Largest segment	Extra virgin olive oil
Units	Revenue in USD Million
CAGR	7.28% (2025-2033)
Segmnetation Covered
Product Type	Extra virgin olive oil Virgin olive oil Refined olive oil Olive pomace oil
Packaging	Bottles Tins Pouches Bulk containers
End use	Household Foodservice Industrial food processing Exports
Distribution channel	Domestic retail HoReCa distribution Export distributors Online retail
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Product Type	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Extra virgin olive oil	XX.x	XX.x	XX.x	44.99	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Virgin olive oil	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Refined olive oil	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Olive pomace oil	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Packaging	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Bottles	XX.x	XX.x	XX.x	44.56	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Tins	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Pouches	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Bulk containers	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

End use	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Household	XX.x	XX.x	XX.x	46.98	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Foodservice	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Industrial food processing	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Exports	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Distribution channel	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Domestic retail	XX.x	XX.x	XX.x	45.84	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
HoReCa distribution	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Export distributors	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Online retail	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x