The Nigeria refined sugar market attained a value of USD 1835.11 Million in 2024. The market is estimated to grow at a CAGR of 5.20% during 2025-2034 to reach a value of USD 3046.63 Million by 2034.
Base Year
Historical Period
Forecast Period
By 2025, the retail food sector is anticipated to contribute 16.4% to the GDP.
According to a recent World Bank estimate, around 53% of Nigeria's population now resides in urban areas, a figure expected to exceed 70% by 2050.
As of 2022, Nigeria’s quick-service restaurant sector has over 200 brands operating several hundred outlets across the country.
Value in USD Million
2025-2034
Nigeria Refined Sugar Market Outlook
*this image is indicative*
| Nigeria Refined Sugar Market Report Summary | Description | Value |
| Base Year | USD Million | 2024 |
| Historical Period | USD Million | 2018-2024 |
| Forecast Period | USD Million | 2025-2034 |
| Market Size 2024 | USD Million | 1835.11 |
| Market Size 2034 | USD Million | 3046.63 |
| CAGR 2018-2024 | Percentage | XX% |
| CAGR 2025-2034 | Percentage | 5.20% |
| CAGR 2025-2034 - Market by End Use | Food and Beverage | 5.5% |
| CAGR 2025-2034 - Market by End Use | Bakery and Confectionery | 5.0% |
| CAGR 2025-2034 - Market by Source | Sugar Cane | 5.2% |
| CAGR 2025-2034 - Market by End Use | Brown | 6.2% |
Nigeria is the second largest sugar market in Sub-Saharan Africa, following South Africa. As of July 2023, an estimated 1.6 million metric tons of refined sugar is produced each year in Nigeria.
Figure: Number of Bakery and Cake Shops in Nigeria by State/Territory
The primary purpose of growing and processing sugarcane in Nigeria is sugar production. There are about 800,000 hectares of potentially fertile land in Nigeria that can be used to grow sugar cane, especially along the whole length and breadth of the Niger and Benue Rivers. The Nigerian government encourages smallholder farmers to produce sugarcane for sugar mills. Savannah Sugar and Oyo Sugar-cane Processors are two prominent outgrower organisations in Nigeria.
Figure: Annual % change in Real GDP Growth and Inflation Rate in Nigeria, 2018-2024
Nigeria's bakery products market is expected to grow due to increasing demand for ready-to-eat foods driven by hectic work schedules, as well as rising interest in gluten-free, high-fiber, and trans-fat-free baked goods. An average bakery product, such as bread, generally contains 4 grams of sugar, and a single pastry or a slice of cake can contain around 10 to 30 grams of refined sugar.
The key factors contributing to Nigeria’s economic growth include the output of the manufacturing sector, oil revenue, and health expenditures, among others. The production of the manufacturing sector is positively and significantly correlated with GDP growth, demonstrating the industry's beneficial effects on the economy.
Expanding population in Nigeria; rising demand for processed food and beverages; presence of favourable government initiatives; and major players owning significant sugar-producing farms are the key trends impacting the Nigeria refined sugar market growth
Nigeria is witnessing strong growth in population and urbanisation. By 2050, Nigeria's population is expected to grow to 377 million. Further, in 2023, 53.9% of the Nigerian population lived in urban areas. A rising population and growing urbanisation are key drivers for the refined sugar market in the country. The increasing population and the rise in the working-age demographic, supports higher sugar consumption.
Food processing is the fastest-growing segment of the sugar value chain in Nigeria. Nigeria has a robust demand for sugar-intensive items such as bakery and confectionary products and soft drinks. As of April 2024, Lagos State was home to 833 bakery and cake shops in total, the highest in Nigeria. The growing demand for bakery products increases the demand for refined sugar, such as brown sugar, as the molasses content in the sugar enhances the flavour and colour of bakery items such as cookies and muffins.
In 2012, the Nigerian government approved the Nigerian Sugar Master Plan (2013–2023) to enhance domestic sugar production and refining, by restricting imports and providing incentives for investors in sugar estates and refining mills. Further, this plan has been extended to 2033. Leading domestic companies such as Dangote Sugar, BUA Foods, and Golden Sugar are enhancing their sugarcane production and processing under this plan. As of 2022, the companies have invested USD 1 billion since the enforcement of the Plan.
Dangote Sugar operates three plantations: Savannah in Adamawa State, Lau Tau in Taraba State, and Tunga in Nasarawa State. Products from these farms are processed at a refinery located in Adamawa, while the Lagos State refinery processes imported raw sugar. Golden Sugar operates a sugar estate in Sunti, Niger State, with one refinery in Lagos State. The refinery has a production capacity of 750,000 tons per annum.
The National Cereals Research Institute Badeggi (NCRI) is advancing sugarcane research by improving sugarcane varieties, which are cultivated by both smallholder farmers and large estates. The government established the National Sugar Development Council (NSDC) to accelerate the sugar sector's development and strengthening self-sufficiency. Such initiatives aim to ensure the availability of pure, clean, and high-quality sugarcane seeds, thereby supporting the growth and development of the Nigeria refined sugar market.
Food processing industry offers great opportunities for sugar manufacturers in Nigeria, driven by changing demographics and increasing consumer acceptance of processed foods nationwide. Although the sugar industry is expanding slowly, subsectors dependent on sugar inputs are gearing up to meet the rising demand, fueled by an expanding middle class seeking a wider variety of processed foods.
“Nigeria Refined Sugar Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type:
Market Breakup by Form:
Market Breakup by Source:
Market Breakup by End Use:
| CAGR 2025-2034 - Market by | Source |
| Sugar Cane | 5.2% |
| Sugar Beet | XX% |
| CAGR 2025-2034 - Market by | End Use |
| Food and Beverage | 5.5% |
| Bakery and Confectionery | 5.0% |
| Household | 4.9% |
| Pharmaceuticals | XX% |
| Dairy | XX% |
| Soft Drinks | XX% |
| CAGR 2025-2034 - Market by | End Use |
| Brown | 6.2% |
| White | XX |
Based on product type, white sugar accounts for a significant share of the Nigeria refined sugar market
Pharma-grade sugar is a white crystalline coarse sugar that is super fine and homogenous in nature. By 2025, the pharmaceutical market in Nigeria is expected to reach USD 5.13 billion. The sugar is used in the production of dry syrups, pellets, and sustained-release drug formulations. It prevents microbial growth and enhances the texture of drugs.
Nigeria is a significant importer of brown sugar. In 2021, Nigeria spent USD 1.02 billion to import brown sugar from Brazil. Compared to white sugar, brown sugar contains more calcium, with 83 mg per 100 g compared to 1 mg per 100 g of white sugar. Other minerals, such as iron, are slightly higher in brown sugar than white sugar.
| 2024 Market Share by | End Use |
| Soft Drinks | 24.5% |
| Food and Beverage | XX% |
| Pharmaceuticals | XX% |
| Dairy | XX% |
Based on end use, households are a major contributor to the Nigeria refined sugar market revenue
Domestic consumers typically purchase sugar that is fortified with Vitamin A. Manufacturers produce this sugar in accordance with the requirements of the UNICEF and the Standards Organization of Nigeria (SON).
The Nigerians spending on food and beverages is increasing owing to the growth of the retail sector and rising demand for packaged goods. Among the international chains that have entered the country are Shoprite which operated 40 stores in 2021, and Massmart, part of the WalMart group.
Sugar bread is Nigeria’s most popular bakery product widely available at both artisan and industrial bakeries. A special feature of Nigerian sandwich bread is its sweetish taste which is a result of sugar as its key ingredient. The sugar bread recipe contains around 7 to 12% sugar.
The companies in the Nigeria refined sugar market are focusing on providing high quality products to meet the needs of the growing population.
BUA Foods is one of the leading players in Nigeria's food sector, with strategically located plants and a strong position in fast-moving consumer goods. In 2022, company registered an operational capacity of 1,500,000 Mtpa of sugar.
As a fully integrated conglomerate, Dangote leads in the production of cement, sugar, salt, packaging materials, fertilisers, and petrochemicals as well as conducting port operations. At Apapa, the company’s sugar refining facility is the largest in Sub-Saharan Africa, with an installed capacity of 1.44 million tons per annum.
Incorporated on 1960, FMN is a publicly traded, vertically integrated company, engaged in food, sugar, agro-allied, and support services. FMN has about ten thousand hectares of sugarcane plantations and operates one of the most advanced refineries in the world.
Headquartered in Lagos, Graceco is formed by the merger of two family-owned companies, Gracekal Enterprises Limited and Bakers World Limited. The company processes, packages, and distributes food products across Nigeria and internationally.
Founded in Lagos, Nigeria, in 2013, Dogan's Sugar Limited produces high-quality cube sugar using entirely Nigerian raw materials. Dogan's Sugar Limited provides several sugar products including icing sugar, sugar cubes, and granulated white sugar.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Nigeria Refined Sugar Market Size
Nigeria Refined Sugar Market Growth
Nigeria Refined Sugar Market Trends
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2024, the Nigeria refined sugar market reached a value of USD 1835.11 Million.
The market is estimated to grow at a CAGR of 5.20% during 2025-2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach a value of USD 3046.63 Million by 2034.
The factors driving the market growth are favourable government initiatives supporting the production of sugar, expanding food and beverage sector, rising consumption of dairy products and baked goods, and increasing population in Nigeria.
The end uses include food and beverage, pharmaceuticals, dairy, bakery and confectionery, and household, among others.
Sugarcane and sugar beet are the two sources of refined sugar.
White sugar and brown sugar are the two types as per the market report.
The key players in the market include BUA Group, Dangote Industries Limited, FMN Plc, Graceco Limited, and Dogan's Sugar Limited, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Form |
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| Breakup by Source |
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| Breakup by End Use |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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