Food and drinks are things we really need to stay alive, and so, they’re always wanted everywhere in the world.
Drinks and beverages are always wanted. No matter when or where, a lot of people like to have a satisfying glass or bottle of a good drink. A cold bottle of a favorite soda or juice on a hot day, or a hot cup of tea or coffee in the morning, helps many people get through their days. So, a business that makes drinks and beverages will always have customers in Nigeria.
There are many types of drinks and beverages to explore in this business, like energy drinks, healthy drinks, juices, sodas, fizzy water, alcoholic drinks, coffee, and tea. If you’re interested in starting a business in the drink and beverage industry, here are 10 good ideas you can consider in Nigeria.
1). Energy Drinks Production:
Energy drinks are beverages that contain stimulants, usually caffeine and sugar. They are said to make a person feel more awake and active. However, not all energy drinks are carbonated. Some energy drinks contain other sweeteners, herbal extracts, amino acids, and taurine.
Energy drinks are increasingly popular, especially among the youths in Nigeria.
2). Herbal Tea Production:
There is increasing awareness of the need to maintain healthy lifestyles, and so, many people have become more aware of their food consumption, preferring natural diet solutions. Consequently, herbal tea has grown in more demand.
Starting a herbal tea production business can be a profitable venture once targeted to the right market in Nigeria.
3). Distilling and Blending of Spirits
Alcoholic drinks called spirits are made by distilling liquids that come from things like grains, fruits, or vegetables that have already turned into alcohol. This kind of alcohol can become drinks like gin, vodka, rum, and brandy. People always want these drinks. They can be sold for a lot of money and make big profits.
4). Malt Drink Production:
Malt drink is a lightly carbonated malt beverage that is brewed from barley, hops, and water, much like beer. Corn and caramel colour may also be added to it. Malt drinks are very popular, they are served on different occasions and can be drunk for personal satisfaction. This makes it a lucrative business. It takes some brewing to get this beverage; so a potential entrepreneur may need to start up a small brewery.
5). Milk Production:
Making milk is a good business idea. People use milk for cooking and drinking. You can choose from different types of milk to make, like coconut milk, almond milk, goat milk, and cow milk. It’s a good idea to start this business in places where there are high cattle rearing activity. But even if there aren’t many cows, a distribution channel can be set up.
6). Frozen Yoghurt Business:
Yoghurt is a healthy and satisfying drink, especially when served cold. The frozen yoghurt business is all about offering variety to your customers. You can offer anything from smoothies to parfaits with an infinite amount of toppings and flavour combinations. The key to success in the frozen yoghurt production business is how well you can craft a unique recipe, among other factors.
7). Ice Block Production Business:
The challenge of increased temperatures in Nigeria, coupled with unstable electricity, creates the constant need for ice blocks. Ice blocks are necessary to chill drinks and preserve foods for personal and business purposes.
For effectiveness, it is advisable to site the ice block factory at a location close to town, to aid delivery and distribution in Nigeria.
8). Soft Drinks Production Business
Soft drinks are drinks that usually contain water, sweeteners, and additives, either artificial or natural. They are usually, but not always, carbonated. Soft drinks have high market value as people everywhere consume them. They are always found at various parties and occasions.
9). Hibiscus Tea (Zobo) Production Business
Zobo is a common drink in Nigeria. It is made from the hibiscus sabdariffa leaves, also called zobo leaves. It is a tasty and healthy drink served at parties and ceremonies as light refreshment. It is also commonly enjoyed at home. With the right recipe and flavours, starting and building a Zobo business can be very rewarding in Nigeria.
10). Fruit Juice Production:
Processing fruits into juices is another lucrative business that enjoys a steady market. Fruit juices are used in homes, canteens, hotels, restaurants, and also in various events.
In the world of drinks and beverages, the landscape is brimming with golden opportunities tailored for enterprising minds, contingent upon the specific locale and desired audience. As you set your sights on the vast expanse of the drinks and beverage industry, remember that the options are truly limitless. From the array 10 enticing business concepts outlined in this piece, you can handpick the one that resonates most with your aspirations.