Chocolate Confectionery in Nigeria

Value sales of chocolate confectionery in Nigeria are set to record double-digit growth in 2025. Following the sharp surge in unit prices observed in 2024, price increases moderated somewhat in 2025, enabling growth in both value and volume terms. The previous year had been marked by a substantial decline in volume sales and a 50% increase in value sales, largely driven by high inflation and a significant depreciation of the local currency.

The Chocolate Confectionery in Nigeria report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2020-2024, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are currently shaping the market along with prospects for the next five years, clearly indicating how the market is expected to change.

Product coverage: Boxed Assortments, Chocolate Pouches and Bags, Chocolate with Toys, Countlines, Other Chocolate Confectionery, Seasonal Chocolate, Tablets.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Chocolate Confectionery market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.