Thursday, September 29, 2022
HomeNewsAfricaNigeria’s soft drink market offers a blueprint for how to boost local...

Nigeria’s soft drink market offers a blueprint for how to boost local production

However, the dynamics changed after La Casera introduced PET plastic bottles in 2001, which meant that instead of having to stick around to return glass bottles to retailers, drinks can now be consumed on the go.

As such, off-trade sales (from supermarkets, off-licences, online stores etc.) of soft drinks have risen from $713.6m in 2016 to $1.4bn in 2021, according to Euromonitor International.

That is why you’ll majorly see the big brands at places like restaurants, supermarkets, big parties where people can afford to buy

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments