Nigerian cuisine was one of the cuisine types within bar channels, along with American cuisine, according to GlobalData’s menu intelligence database. In its menu analysis of bar in Nigeria report, GlobalData analyses 248 menu items across bar outlets and provides an overview of various foodservice channels in Nigeria. According to GlobalData, bar makes up 1% of all restaurant types in Nigeria. Buy the report here.
Fish & Seafood was found to be the most-used ingredient in bar establishments, featuring in 20% of menu items, followed by chicken and noodle. Rice and vegetables were also significant ingredients. An analysis of menu categories reveals that salads & sides, meal deals and combinations, pasta & pizza, sandwiches & wraps and soft drinks were most popular within the bar format.
An analysis of the annual price change between 2023 and H1 2024 indicates that the average menu prices in Nigeria bar channel have flat growth. Considering all channels (including bar) the average price change was 0%. As on-premises dining gains momentum following the COVID-19 pandemic, the bar segment in Nigeria is expected to experience overall growth. Moreover, the introduction of new menu items that emphasize health and wellness generates interest in those seeking nutritious menu options and greater variety.
Different restaurant types exhibited mixed price movements within Nigeria foodservice market between 2023 and H1 2024. Of all the restaurant types, guest house exhibited highest price hike, while baker experienced a price decrease.
An in-depth analysis of bar price trends by location reveals consumption trends of each region. The graph below represents the change in bar menu prices between 2023 and H1 2024 across the top five locations. As seen below, bar menu items in Ikoyi – Dolphin Estate became more affordable as compared to Ibadan and Ikoyi – Dolphin Estate.
While consumers become more price conscious, operators look for ways to optimize their costs to retain margin and market share. In the Nigerian market, bar operators rely on innovation as a crucial tactic to appeal to customers as well as optimize costs. As increasing number of consumers seek novel experiences, foodservice operators must continuously innovate their menu choices, providing superior taste and quality along with a diverse selection of dishes. Operators should highlight the distinctive tastes and flavors of their food and beverage offerings in a convenient format to enhance customer engagement.
To further understand and explore GlobalData’s insight into Nigeria bar menu, buy the full report here.
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