Nigeria Olive Oil Market Size & Outlook, 2026-2034

Nigeria Olive Oil Market Insights

As per Deep Market Insights insights, the Nigeria Olive Oil Market stood at USD 226.52 Million in 2025 and is anticipated to grow to USD 403.22 Million by 2034.
The Nigeria market is expected to advance at a CAGR of 6.66% from 2026 through 2034.
In 2025, Extra virgin olive oil accounted for the highest share of the Product Type market size.
During the forecast period, Olive pomace oil is set to register the highest growth, making it the most lucrative Product Type segment.

As of 2025, Nigeria held 0.88% of the global Olive Oil Market size.
By 2034, United States is anticipated to capture the largest share of the global Olive Oil Market.
In Middle East and Africa, United Arab Emirates is expected to lead the regional Olive Oil Market size by 2034.
South Africa will remain the fastest-growing market in Middle East and Africa, reaching USD 446.73 Million by 2034.

Report Scope	Details
Base Year for Study	2025
Study Period	2022-2034
Historical Period	2022-2024
Forecast Period	2026-2034
Market Size In 2025	USD 226.52 Million
Market Size In 2034	USD 403.22 Million
Largest segment	Extra virgin olive oil
Units	Revenue in USD Million
CAGR	6.66% (2026-2034)
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	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Extra virgin olive oil	XX.x	XX.x	XX.x	96.63	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	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Bottles	XX.x	XX.x	XX.x	92.01	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	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Household	XX.x	XX.x	XX.x	102.99	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	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Domestic retail	XX.x	XX.x	XX.x	93.62	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