Nigeria Sparkling Wine Market Size & Outlook, 2025-2033
Nigeria Sparkling Wine Market Insights
- Based on Deep Market Insights findings, the Nigeria Sparkling Wine Market reached USD 257.47 Million in 2024 and is estimated to attain USD 432.74 Million by 2033.
- From 2025 to 2033, the Nigeria market is expected to grow at a steady CAGR of 5.92%.
- Within the Type category, Champagne dominated in 2024 in terms of market size contribution.
- Over the forecast period, Other sparkling wines is forecasted to deliver the fastest growth, positioning it as the most lucrative Type segment.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2024, Nigeria accounted for 0.62% of the global Sparkling Wine Market size.
- By 2033, United States is expected to lead the global Sparkling Wine Market in terms of market size.
- Within Middle East and Africa, United Arab Emirates is projected to dominate the regional Sparkling Wine Market size by 2033.
- United Arab Emirates is identified as the fastest-growing market in Middle East and Africa, anticipated to reach USD 2352.57 Million by 2033.
Report Summary
| 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 257.47 Million |
| Market Size In 2033 | USD 432.74 Million |
| Largest segment | Champagne |
| Units | Revenue in USD Million |
| CAGR | 5.92% (2025-2033) |
| Segmnetation Covered | |
| Type |
|
| Price range |
|
| Distribution channel |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Nigeria Sparkling Wine Market Type 2025-2033 (USD Million)
| Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Champagne | XX.x | XX.x | XX.x | 124.1 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Prosecco | 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 |
| Cava | 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 |
| Other sparkling wines | 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.
Nigeria Sparkling Wine Market Price range 2025-2033 (USD Million)
| Price range | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Economy | XX.x | XX.x | XX.x | 122.09 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Mid-range | 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 |
| Premium and luxury | 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.
Nigeria Sparkling Wine Market Distribution channel 2025-2033 (USD Million)
| Distribution channel | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| On-trade | XX.x | XX.x | XX.x | 123.92 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Off-trade | 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 | 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.