Looking for the top FMCG companies in Nigeria?

This article covers all you need to know about Nigeria’s FMCG companies.

The article covers;
The meaning of FMCG
FMCG Companies in Nigeria
Highest paying FMCG Companies
Multinational FMCG Companies in Nigeria
FMCG Distribution companies in Nigeria
Frequently asked questions and
More

Let’s get to it.



FMCG Companies in Nigeria – An Introduction

FMCG is an acronym for Fast Moving Consumer Goods.

These are goods with high turnover rates i.e.; sellers sell them quickly and at relatively low costs.

There are 4 types of consumer goods;

Convenience
Specialty
Shopping, and
Unsought.

We’ll look at these in more detail later on. These types of goods can further fall into the following categories;

Durable goods
Nondurable goods, and
Services.


Features of FMCGs

The top features of FMCGs include:

Frequent purchase
Low cost
Short shelf life
Rapid consumption
Low engagement (choosing the item requires little time.)


Types of FMCGs

There are basically four types of FMCGs. These types include;

Convenience goods
Specialty goods
Shopping goods
Unsought goods


Convenience goods

These are products you buy with little to no effort hence the name convenience goods. They are equally easy to access.

Examples of these goods include food, cleaning supplies, toiletries, etc.


Specialty goods

These are products that consumers need little time to decide on purchasing.

This is mostly because such items are rare and highly different from other products.

Examples of specialty goods are sports cars, rare paintings, designer clothing, etc.


Shopping goods

These are the exact opposite of convenience goods, they are products you buy less frequently, and not everyone has access to them.

Examples of shopping products are furniture, electronics, etc.


Unsought goods

These are anything consumers would not necessarily want to buy or may not even know of.

A major feature of these products is that you can rarely enjoy their benefits at the time of purchase.



List of FMCG Companies in Nigeria

The following are the FMCG Companies operational in Nigeria:

Dangote Group

Dangote group is a popular FMCG company in Nigeria that produces a variety of products like sugar, flour, salt, pasta, etc.
Unilever Nigeria Plc

This FMCG Company sells popular products such as Vaseline, Royco, beverages, detergent, etc.


Nigerian Breweries

Nigeria’s largest beverage manufacturing company.


Nestle Nigeria Plc

One of the most trusted brands in existence; it produces beverages, confectionery, baby food, cereal, etc.


Chi limited

This multiproduct company produces juice, fruit drinks, snacks, etc.


Flour Mill (Nigeria)

This is the company that produces popular products like Golden Penny Flour.


Vital Products

This company produces non-alcoholic beverages, fruit juice, and tomato paste.


Sona Agro Allied Foods Limited

The company has not been around for a long time, but they have claimed a spot for themselves in the market with their biscuits, tomato pastes, etc


Dansa Foods Limited

Beverages and drinks manufacturing company


Yale

This company is famous for its different biscuits and wafers.


Beloxxi Group

This is another company that makes popular biscuits e.g. cream crackers


La Casera

A popular drink producing company


OK Foods

They make great quality biscuits, chocolates, and drinks.


Rites Food Ltd

They are popular for their sausage rolls and carbonate drinks


Honeyland Foods

They make health drinks.


PZ Cussons

This Company is a big name in the household industry.

Their bestselling products include Morning Fresh, Venus Robb, Baby Cussons, etc.


Friesland Campina Wamco Nigeria Plc

This is among the top dairy companies in Nigeria, and their bestselling products are Peak, Frisco, and Three Crowns.

We have an article that covered the food and beverage companies in Nigeria in detail.



Highest Paying FMCG Companies in Nigeria



Continue here to read more about the Highest Paying FMCG and more