Best Food & Beverage Products Companies in Nigeria
The 37 best Food & Beverage Products companies in Nigeria in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Beloxxi.
Our analysis of 150 Food & Beverage Products companies
$9.5b in tracked funding; 93% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.
Ranked: Best Food & Beverage Products companies in Nigeria
| # | Company | Disclosed funding | Employees | Stage | Founded | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Multipro Enterprise Seller and distributor of indomie instant noodles. The company is engaged in selling packaged food items and… | — | 2,600 | Acquired | 1997 | — | — | — |
| 2 | nestle cote divoire Nestle Cote Divoire is located in Abidjan, Ivory Coast and is part of the Other Food Manufacturing Industry. | — | 2,369 | Public | 1961 | — | DrupalPHPSAP Customer Data Cloud Sign-in+20 | — |
| 3 | Beloxxi Manufacturer & brand of biscuits and cookies | $80M | 2,000 | Series C | 1994 | Obi Ezeude Founder & CEO | WordPress Block EditorElementorCart Functionality+30 | — |
| 4 | Presco Producer of specialty fats and oils from integrated palm oil operations | — | 1,443 | Public | 1991 | — | Mura CMSCFMLJava+11 | — |
| 5 | Honeywell Flour Mills Flours processing company | — | 818 | Acquired | 1985 | Ayoola Otudeko Founder | WordPressMySQLPHP+15 | — |
| 6 | unilever nigeria Unilever Nigeria manufactures and distributes consumer products for home, personal care and foods units. | — | 786 | Acquired | 1923 | — | GSAPAstroVue.js+9 | — |
| 7 | Krispy Kreme (Nigeria) Wholesaler of doughnuts based in Lagos, Nigeria. The company offer a variety of doughnuts and coffee intended… | — | 120 | Private | — | — | Cart FunctionalityWordPressMySQL+22 | — |
| 8 | AACE Foods Manufacturer & brand of multi-category grocery & staples | — | 80 | Funding Raised | 2009 | Mezuo Nwuneli Chairman / Co-Founder | WordPress Block EditorElementorCart Functionality+32 | — |
| 9 | Reelfruit Dried fruits brand | $3M | 54 | Series A | 2012 | Affiong Williams Founder & CEO | Cart FunctionalityWooCommerceWordPress+19 | — |
Top 7 Food & Beverage Products companies in Nigeria
#1
Seed · Agege, Lagos · founded 2010$2Mraised▾
Brand of cookies, cakes, and other confectionery items. Its brand includes Nibit mini snacks, milk, chocolate & bitty cookies. Their confectionary items include noodles, snacks, and sweets.
- Jun 2023Seed$2M
#2
Series A · Lagos, Lagos · founded 2012 · 54 employees$3Mraised▾
Reelfruit is a brand of dried fruits. Their products include varieties of dried fruits such as mango, pineapple, cashew nuts, fruit n nut mix, mix nut and more. The company sells the majority of their products in Yaba, Lagos through independent stores as well as online.
- Sep 2021Series A$3M
- Jan 2020Seed$50K
#3
Series C · Agbara, Ogun State · founded 1994 · 2000 employees$80Mraised▾
Producer of cream cracker biscuits intended to serve customers in Nigeria and West Africa. The company's cream cracker biscuits are baked with low fat, sugar, salt, no additives, carotenes, vitamin A, and vitamin E and sold through its distribution network, providing customers with healthier snacking products at an affordable price.
#4
Funding Raised · Ibadan, Oyo · founded 2016—raised▾
Manufacturer & brand of fruit, vegetables, and meat products
- Feb 2020Grant (prize money)—
#5
Late Stage · Kaduna, Kaduna · founded 2001 · 49 employees—raised▾
Producer of fruit juice and dairy products based in Kaduna, Nigeria. The company's operations include producing, processing, bottling and distributing juices and yogurts, enabling customers to get access to packaged non-concentrate juices at affordable prices.
- Nov 2014PE—
#6
Public · Benin City, Edo · founded 1991 · 1443 employees—raised▾
Producer of specialty fats and oils from integrated palm oil operations. This includes oil palm cultivation, palm oil milling, kernel crushing, vegetable oil refining and fractionation, and packaging. A biogas plant processes mill effluent. The company supplies specialty fats and oils to customer specifications, ensuring reliable year-round supply due to its integrated production process. The business model focuses on expanding planted area, improving operational efficiency, and increasing processing capacity to meet growing demand. Further goals include retail market penetration and environmentally responsible operations adhering to food safety standards.
#7
Acquired · Lagos, Lagos · founded 1952—raised▾
UAC Foods is a multi-category food & beverage company. Their products include of Gala sausage roll, ice cream, coconut chips, water and more. Their brands include Gala, Fun Time, Supreme, and Swan. The company sells the majority of their products in West Africa through retailers and independent stores as well as online.
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Food & Beverage Products coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
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- Delta State University3
- Federal University of Technology2
- International Institute of Tropical Agriculture2
- Nnamdi Azikiwe University2
- Obafemi Awolowo University2
- Proximate5
- Food science4
- Larva3
- Nutrient3
- Animal science3
- Poultry farming1
- Agricultural science1
- Ingredient1
- Agriculture1
- Food science1
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.