FMCG companies in Nigeria are the third-largest contributor to the Nigerian economy. And, here, you’re going to discover the top 10 but before we proceed, you may ask, “What is FMCG?”
FMCG stands for Fast-moving consumer goods. Theses good play a vital role in our everyday life because we use them. They comprise many consumables such as beverages, packaged and processed foods, OTC drugs, etc.
There are numerous FMCG companies in Nigeria but below are the top 10.
1. Nigerian Breweries Limited
Nigerian Breweries Limited is the pioneer and largest brewing company in Nigeria. The company was incorporated in 1946 as “Nigerian Brewery Limited” and later changed to its name to “Nigeria Breweries Plc” after the emergence of companies and Allied Matters Act in 1990.
The company has 9 fully operational brewery branches within Nigeria. They have high-quality products being produced and distributed to all parts in Nigeria. With its rich portfolio of high-quality brands, the company is regarded as the best quality drink producing company in Nigeria.
Nigerian brewery plc products, from its inception, include Star, Guider, Maltina, Legend Extra Stout, malt, Amstel malt, Heineken, Fayrouz, Climax herbal energy drink, Goldberg, the premium non-alcoholic soft drink among others.
Nigerian brewery plc serves the Nigerian market and exports to other parts of Africa. Towards attaining its goal, the company acquired beer factories from Sona group and Life breweries at Ota and Onitsha respectively.
2. Unilever Nigeria PLC
Founded in 1923, Unilever Nigeria PLC is one of the oldest and most trusted FMCG company in Nigeria. It produces different kinds of popular fast-moving consumer products. The company is also one of the world’s best leading consumer goods companies. They are engaged in the manufacturing and marketing of food, food ingredients and home and personal care products. Its food segments include the production of tea, savoury and spreads.
The company’s personal care products include fabric care, household cleaning and water purification products. The FMCG company also has international brands, which include Vaseline lotion, royco, Knorr bouillon cubes, blue band margarine, Lipton, Omo multi-active detergent, sunlight dishwashing liquid, close-up, pepsodent toothpaste, LUX soap, Lifebuoy soap, Rexona, Vaseline petroleum jelly, etc.
3. Dangote Group
Dangote group is a diversified and fully integrated conglomerate headquartered in Lagos. The group started business in 1978 with the primary aim of providing local, value-added products and services that meets the basic needs of the populate.
Dangote Group is a popular FMCG company in Nigeria as well as other neighbouring Africa countries. The group presently operates in 16 other African countries. There, it builds local manufacturing capacity to generate employment, prevent capital flight and provide locally produced goods for the people.
The group currently produces varieties of products like sugar, cement, salt, pasta, noodles, flour, beverages, and real estate but has invested in an ongoing multibillion-dollar project in the oil and gas, petrochemical, fertilizer, telecommunication, steel and agricultural sectors.
Dangote group has 4 registered companies in the Nigerian stock exchange which includes Dangote sugar refinery plc, Dangote cement plc, Dangote flour mills plc, and the NASCON allied industries. The group is famous for its cement business, being the most purchased cement in Nigeria.
4. Nestle Nigeria PLC
The FMCG list will be incomplete without Nestle Nigeria PLC. It is one of the oldest and largest foods and beverage companies in Africa. Nestle is a publicly listed food and beverage specialty company. The company is majorly owned by Nestle S.S of Switzerland and was founded in 1961.
Nestle Nigeria PLC has been producing high-quality nutritious food products to the delights of its consumer. Nestle Nigeria plc has 3 manufacturing sites, a few branch offices and its headquarter in Lagos. The company’s main factory is located in Ogun State, Nigeria. This makes it easy for the distribution of their products.
The company’s purpose is enhancing the quality of life and contributing to a healthier future by producing and marketing several famous and quality products. These include coffee, chocolate, baby foods, confectionery, drinks, Milo, golden morn, Nescafe, magi, food seasoning, dairy, hydrolyzed plant protein mix, confectionery, bottled water, breakfast cereals, etc.
5. Pz Cussons
Pz Cussons is one of the top FMCG companies in Nigeria. Founded in 1829, Pz Cussons is an international consumer goods group with an established portfolio of trusted consumer goods brands across a range of markets. It rose to the peak of the FMCG by its outstanding innovations, creativity, and dynamism in producing and marketing its products to its consumers, meeting the consumer utility.
Pz Cussons Company manufactures personal healthcare products and consumer goods. They have a marketing presence in Europe, Africa, and Asia, with several factories of which their main brand is the imperial leather range of soaps, bath and shower, and cosmetic products. They run a joint venture electrical superstore in Lagos, Nigeria. Products manufacture are morning fresh, toiletries, Venus, Robb, baby Cussons, imperial leather, soaps, shampoos, gels, milk, olive oil, detergents, healthcare products, etc.
Read Also: How to Start a Profitable Supermarket Business in Nigeria
6. Friesland Campina Wamco Nigeria PLC
Incorporated in 1973 and commenced operation in 1975, Friesland campina wamco Nigeria plc was formerly known as West Africa Milk Company Nigeria PLC (WAMCO). It is an affiliate of Royal Friesland foods of The Netherland, headquartered in Ikeja, Lagos, the company produces and sells a wide range of branded dairy products and fruits based drinks for the consumer market.
Friesland Campina Wamco Nigeria PLC has several operating centres, making it easy to distribute its product to the public. The top leading diary company in Nigeria with its products largely available in the market place which consists of top brands like peaks, Friso and three crowns, cheese, coffee enrichers, whey derivates, baby and children foods, ready to drink milk, milk powder, condensed milk, and butter.
7. Dufil Prima Foods
De United foods industries limited was incorporated in 2001 as a private limited liability company and later became a public limited liability company in 2008. Dufil prima foods became a holding company of the group in 2008 after a major restructuring.
This arised due to the growing demand for the products from the customers within and outside Nigeria. The holding company is a joint venture between the Tolaram group of Singapore and the Salim group of Indomie currently has 2 factories. There objective is to provide fresh and quality products to the consumer. Its famous brand is Indomie,
Dufil Prima Foods introduced Indomie to the market in Nigeria in 1995, making it the first brand that pioneered and developed the instant noodles market in Nigeria. Its manufacturing plants are the largest of its kind in Nigeria and the largest in Africa.
8. Chi Limited
Chi Limited is a multi-product company; it is part of the coca-cola company. Chi limited was incorporated in 1980. The FMCG company primarily caters to the needs of health-conscious Nigerian customers, for high quality and healthy fruit drinks, fruit juices, dairy products, and snacks.
Chi Limited is the undisputed market leader in fruit juices, fruits drinks, and yogurts in Nigerian with a refreshing taste while being the first choice of the health-conscious consumer.
The company dominates the market because they have something to offer to almost everyone including children, young adults, men, women, and aged ones. Chi limited products provide a great product like juiced, refreshing fruits drinks, snacks, muffins yogurts amongst others.
9. Flour Mills Nigeria
FBN was incorporated in 1960 as a private limited liability company and has since been serving the needs of generations of Nigerians. Flour Mills Nigeria became a public limited liability company in 1978. The manufacturing company is a widely loved golden penny flours.
The company’s interest in becoming the nation’s leading FMCG triggered them to dive into agriculture, livestock feed, and pasta manufacturing. As such, the collective clout of the company remains poised to help achieve its objectives whilst simultaneously improving lives. Flour Mills is a holding company with a vertically integrated business model. And the company’s brand is golden penny flour.
Flour Mills once operated a bulk cement bagging operation at Apapa. The company has several subsidiary companies. These include Apapa bulk terminal, northern Nigeria flour mills, Nigerian eagle flour mills, Niger mills, golden pasta, golden noodles, golden sugar, UNICEM, golden shipping, Nigerian bag manufacturing company, etc.
10. Vital Products PLC
The vital group is a vast conglomerate of companies in Nigeria spanning from Agriculture, pharmaceuticals and consumer products. Vital product plc was an established household brand that is trusted by a loyal consumer base and has years of quality and market share behind it.
Vital product company is principally engaged in the manufacturing and distribution of various fruit drinks and non-alcoholic drinks but it started with pharmaceutical products. The FMCG company will be incomplete without vital products plc.
Vital Products PLC produces tomato pastes, fruit juice, non-alcoholic beverages, spreads, and seasoning brands. The brands are specifically devised to be accessible to all demographics of Nigeria.
Conclusion
The above-listed company are the key leaders based on my research and maybe subject to correction. Should there be any suggestion, comment or addition, drop your comment in the comment box below.
Wow it awesome but am seriously in need of a good job