Middle East Chocolate Market (2019-2025)

Market Forecast By Product Type (Dark Chocolate, Milk Chocolate, White Chocolate), By Chocolate Type (Count Lines & Straight Lines, Molded or Bar Chocolates, Choco-Panned & Sugar Panned and Others including Box Chocolates and Novelties), By Distribution Channels (Supermarket and Hypermarkets, Convenience Stores, Online Channels, Grocery/ Mom n Pop Stores and Others including Specialized Retailers, Pharmacy, etc), By Countries (Saudi Arabia, Qatar, UAE and Rest of Middle East) and Competitive Landscape

Product Code: ETC001573 Publication Date: May 2022 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 15 No. of Tables: 9

Latest 2021 Developments

Middle East Chocolate Market has seen the latest innovations which include the introduction of chocolate as a healthy product that offers many health benefits. Dark chocolate has large amounts of antioxidants, which can prevent certain diseases like cardiac arrests, blood clotting, etc. Other health benefits provided by chocolate include slow aging, reduction in headaches, mood enhancement, stress relief, etc. There has also been an increase in the unconventional usage of chocolate in various other food items like biscuits, bakery items, etc. Premium varieties of chocolate have also witnessed increased popularity as it is used as a gourmet ingredient by the upper class.

Mergers and Acquisitions:

  • In January 2021, Mondelez International purchased Hu Master Holdings
  • In May 2021, Mondelez International, Inc. acquired Chipita SA.

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Chocolate is consumed across the globe and is considered one of the most profitable confectionery products. The Middle East region is the key potential market for chocolate players. In the Middle East region, wide varieties of chocolates are available targeting different age and income groups. The health benefits offered by chocolate such as slow aging and prevention of certain diseases such as cardiac arrest surges the demand for chocolates with growing awareness amongst consumers. Further, the growing demand for customized chocolate is surging the chocolate market in the region.

According to 6Wresearch, the Middle East chocolate market is projected to grow at a CAGR of 4.2% in revenue terms during 2019-2025. The chocolate market is anticipated to register strong growth during the forecast period owing to high consumer spending on food products despite the slow economic growth. The chocolate market in the region is thriving due to changes in eating preferences and the availability of chocolate as a derived product for mousse, rolls, fudge, etc.

Middle East Chocolate Market

Saudi Arabia chocolate market is the largest industry that has increased heavily in the past few years due to the availability of a large variety of chocolates, the growing young population, and changing lifestyles of people. Continuous expansion and penetration of international players in the country are other key reasons for the growth of Saudi Arabia chocolate market. However, slow economic growth due to low oil prices has affected the local production of chocolate as operational costs for companies and raw material prices have increased over the past 2 years.

The surging disposable income coupled with changing snacking preferences of the consumers is proliferating the development of the market. Attractive packaging by the manufacturers backed by the rising foreign working population is adding to the Middle East Chocolate Market Share

The Middle East chocolate market report comprehensively covers the market by product type, distribution channels, chocolate type, and key countries including Saudi Arabia, UAE, Turkey, and the Rest of the Middle East. The Middle East chocolate market outlook report provides an unbiased and detailed analysis of the Middle East chocolate market trends, Middle East chocolate market share, opportunities, high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

The Middle east chocolate market is projected to gain years on the back of the rising consumer base steadily. Especially teenagers being the foremost consumers but the enhanced flavors and product innovation is leading to attracting adults as well, as a result, is likely to bring in opportunities for the international players to invest in the emerging market, which has led to diversification the market landscape. Several key players that are operating in the middle east chocolate market include Nestle SA, the Hershey company, and Tiger brand limited.

Key Highlights of the Report

  • Middle East Chocolate Market Overview
  • Middle East Chocolate Market Outlook
  • Middle East Chocolate Market Forecast
  • Historical Data of Middle East Chocolate Market Revenues for the Period 2015-2018
  • Middle East Chocolate Market Size & Middle East Chocolate Market Forecast of Revenues, Until 2025
  • Historical Data of Middle East Chocolate Market Revenues, By Product Type, for the Period 2015-2018
  • Market Size & Forecast of Middle East Chocolate Market Revenues, By Product Type, Until 2025
  • Historical Data of Middle East Chocolate Market Revenues, By Distribution Channels, for the Period 2015-2018
  • Market Size & Forecast of Middle East Chocolate Market Revenues, By Distribution Channels, Until 2025
  • Historical Data of Middle East Chocolate Market Revenues, By Chocolate Type, for the Period 2015-2018
  • Market Size & Forecast of Middle East Chocolate Market Revenues, By Chocolate Type, Until 2025
  • Historical Data of Saudi Arabia Chocolate Market Revenues and Volume, for the Period 2015-2018
  • Market Size & Forecast of Saudi Arabia Chocolate Market Revenues, Until 2025
  • Historical Data of UAE Chocolate Market Revenues and Volume, for the Period 2015-2018
  • Market Size & Forecast of the UAE Chocolate Market Revenues, Until 2025
  • Historical Data of Qatar Chocolate Market Revenues and Volume, for the Period 2015-2018
  • Market Size & Forecast of the Qatar Chocolate Market Revenues, Until 2025
  • Market Drivers and Restraint
  • Middle East Chocolate Market Price Trends
  • Middle East Chocolate Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Middle East Chocolate Market Share, By Countries
  • Middle East Chocolate Market Share, By Players
  • Middle East Chocolate Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The Middle East chocolate market report provides a detailed analysis of the following market segments:

By Product Type

  • Milk Chocolate
  • White Chocolate
  • Dark Chocolate

By Distribution Channels

  • Supermarkets/ Hypermarkets
  • Grocery/ Mom n Pop Stores
  • Convenience Stores
  • Online Channel
  • Others (Specialized Retailers, pharmacy, etc.)

By Chocolate Type

  • Count lines & Straight-lines
  • Molded or Bar Chocolates
  • Choco-panned & Sugar panned
  • Others (Box chocolates, novelties)

By Countries

  • Saudi Arabia
  • Qatar
  • UAE
  • Rest of the Middle East

Other Key Reports Available:

  • North America Chocolate Market Report
  • Asia Pacific Chocolate Market Report
  • Europe Chocolate Market Report
  • Latin America Chocolate Market Report
1 Executive Summary
2 Introduction
2.1 Report Description
2.2 Key Highlights of The Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Middle East Chocolate Market Overview
3.1 Middle East Country Indicators
3.2 Middle East Chocolate Market Revenues, 2015-2025F
3.3 Middle East Chocolate Market Revenue Share, By Product Type, 2015-2025F
3.4 Middle East Chocolate Market Revenue Share, By Distribution Channel, 2015-2025F
3.5 Middle East Chocolate Market Revenue Share, By Chocolate Type, 2015-2025F
3.6 Middle East Chocolate Market Revenue Share, By Countries, 2018 & 2025F
3.7 Middle East Chocolate Market Industrial Life Cycle
3.8 Middle East Chocolate Market Porter’s Five Force Model
4 Middle East Chocolate Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Middle East Chocolate Market Trends
6 Saudi Arabia Chocolate Market Overview
6.1 Saudi Arabia Chocolate Market Revenues, 2015-2025F
6.2 Saudi Arabia Chocolate Market Revenue Share, By Product Type, 2015-2025F
6.2.1 Saudi Arabia Milk Chocolate Market Revenues, 2015-2025F
6.2.2 Saudi Arabia White Chocolate Market Revenues, 2015-2025F
6.2.3 Saudi Arabia Dark Chocolate Market Revenues, 2015-2025F
6.3 Saudi Arabia Chocolate Market Revenue Share, By Distribution Channel, 2015-2025F
6.3.1 Saudi Arabia Chocolate Market Revenues, By Supermarkets/ Hypermarkets, 2015-2025F
6.3.2 Saudi Arabia Chocolate Market Revenues, By Grocery/ Mom n Pop Stores, 2015-2025F
6.3.3 Saudi Arabia Chocolate Market Revenues, By Convenience Stores, 2015-2025F
6.3.4 Saudi Arabia Chocolate Market Revenues, By Online Channel, 2015-2025F
6.3.5 Saudi Arabia Chocolate Market Revenues, By Other Distribution Channel, 2015-2025F
6.4 Saudi Arabia Chocolate Market Revenue Share, By Chocolate Type, 2015-2025F
6.4.1 Saudi Arabia Chocolate Market Revenues, By Countlines & Straight-lines, 2015-2025F
6.4.2 Saudi Arabia Chocolate Market Revenues, By Moulded or Bar, 2015-2025F
6.4.3  Saudi Arabia Chocolate Market Revenues, By Box Chocolates and Novelties, 2015-2025F
6.4.4  Saudi Arabia Chocolate Market Revenues, By Other Chocolate Type, 2015-2025F
7 Turkey Chocolate Market Overview
7.1 Turkey Chocolate Market Revenues, 2015-2025F
7.2 Turkey Chocolate Market Revenue Share, By Product Type, 2015-2025F
7.2.1  Turkey Milk Chocolate Market Revenues, 2015-2025F
7.2.2  Turkey White Chocolate Market Revenues, 2015-2025F
7.2.3 Turkey Dark Chocolate Market Revenues, 2015-2025F
7.3 Turkey Chocolate Market Revenue Share, By Distribution Channel, 2015-2025F
7.3.1  Turkey Chocolate Market Revenues, By Supermarkets/ Hypermarkets, 2015-2025F
7.3.2  Turkey Chocolate Market Revenues, By Grocery/ Mom n Pop Stores, 2015-2025F
7.3.3  Turkey Chocolate Market Revenues, By Convenience Stores, 2015-2025F
7.3.4 Turkey Chocolate Market Revenues, By Online Channel, 2015-2025F
7.3.5 Turkey Chocolate Market Revenues, By Other Distribution Channel, 2015-2025F
7.4 Turkey Chocolate Market Revenue Share, By Chocolate Type, 2015-2025F
7.4.1 Turkey Chocolate Market Revenues, By Countlines & Straight-lines, 2015-2025F
7.4.2 Turkey Chocolate Market Revenues, By Moulded or Bar, 2015-2025F
7.4.3 Turkey Chocolate Market Revenues, By Choco-Panned & Sugar Panned, 2015-2025F
7.4.4 Turkey Chocolate Market Revenues, By Other Chocolate Type, 2015-2025F
8 UAE Chocolate Market Overview
8.1 UAE Chocolate Market Revenues, 2015-2025F
8.2 UAE Chocolate Market Revenue Share, By Product Type, 2015-2025F
8.2.1 UAE Milk Chocolate Market Revenues, 2015-2025F
8.2.2 UAE White Chocolate Market Revenues, 2015-2025F
8.2.3 UAE Dark Chocolate Market Revenues, 2015-2025F
8.3 UAE Chocolate Market Revenue Share, By Distribution Channel, 2015-2025F
8.3.1  UAE Chocolate Market Revenues, By Supermarkets/ Hypermarkets, 2015-2025F
8.3.2   UAE Chocolate Market Revenues, By Grocery/ Mom n Pop Stores, 2015-2025F
8.3.3  UAE Chocolate Market Revenues, By Convenience Stores, 2015-2025F
8.3.4  UAE Chocolate Market Revenues, By Online Channel, 2015-2025F
8.3.5  UAE Chocolate Market Revenues, By Other Distribution Channel, 2015-2025F
8.4 UAE Chocolate Market Revenue Share, By Chocolate Type, 2015-2025F
8.4.1  UAE Chocolate Market Revenues, By Count lines & Straight-lines, 2015-2025F
8.4.2  UAE Chocolate Market Revenues, By Moulded or Bar, 2015-2025F
8.4.3  UAE Chocolate Market Revenues, By Choco-Panned & Sugar Panned, 2015-2025F
8.4.4  UAE Chocolate Market Revenues, By Other Chocolate Type, 2015-2025F
9 Rest of Middle East Chocolate Market Overview
9.1 Rest of Middle East Chocolate Market Revenues, 2015-2025F
10 Middle East Chocolate Market – Key Performance Indicators
11 Middle East Chocolate Market – Opportunity Assessment
11.1 Middle East Chocolate Market Opportunity Assessment, By Countries
12 Middle East Chocolate Market Competitive Landscape
12.1 Middle East Chocolate Market Revenue Share, By Company
12.1.1 Saudi Arabia Chocolate Market Revenue Share, By Companies, 2018
12.1.2 Turkey Chocolate Market Revenue Share, By Companies, 2018
12.1.3 UAE Chocolate Market Revenue Share, By Companies, 2018
12.2 Middle East Chocolate Market Competitive Benchmarking, By Operating & Technical Parameters
13 Company Profiles
14 Key Strategic Recommendations
15 Disclaimer
LIST OF FIGURES
Figure 1. Middle East Chocolate Market Revenues, 2015-2025F ($ Billion)
Figure 2. Middle East Chocolate Market Revenue Share, By Countries, 2018
Figure 3. Saudi Arabia Chocolate Market Revenues, 2015-2025F ($ Million)
Figure 4. Saudi Arabia Chocolate Market Revenue Share, By Product Type, 2018 & 2025F
Figure 5. Saudi Arabia Chocolate Market Revenue Share, By Distribution Channel, 2018 & 2025F
Figure 6. Saudi Arabia Chocolate Market Revenue Share, By Chocolate Type, 2018 & 2025F
Figure 7. Turkey Chocolate Market Revenues, 2015-2025F ($ Million)
Figure 8. Turkey Chocolate Market Revenue Share, By Product Type, 2018 & 2025F
Figure 9. Turkey Chocolate Market Revenue Share, By Distribution Channel, 2018 & 2025F
Figure 10. Turkey Chocolate Market Revenue Share, By Chocolate Type, 2018 & 2025F
Figure 11. UAE Chocolate Market Revenues, 2015-2025F ($ Million)
Figure 12. UAE Chocolate Market Revenue Share, By Product Type, 2018 & 2025F
Figure 13. UAE Chocolate Market Revenue Share, By Distribution Channel, 2018 & 2025F
Figure 14. UAE Chocolate Market Revenue Share, By Chocolate Type, 2018 & 2025F
Figure 15. Middle East Market Opportunity Assessment, By Countries, 2025F
LIST OF TABLES
Table 1. Saudi Arabia Chocolate Market Revenues, By Product Type, 2015-2025F ($ Million)
Table 2. Saudi Arabia Chocolate Market Revenues, By Distribution Channel, 2015-2025F ($ Million)
Table 3. Saudi Arabia Chocolate Market Revenues, By Chocolate Type, 2015-2025F ($ Million)
Table 4. Turkey Chocolate Market Revenues, By Product Type, 2015-2025F ($ Million)
Table 5. Turkey Chocolate Market Revenues, By Distribution Channel, 2015-2025F ($ Million)
Table 6. Turkey Chocolate Market Revenues, By Chocolate Type, 2015-2025F ($ Million)
Table 7. UAE Chocolate Market Revenues, By Product Type, 2015-2025F ($ Million)
Table 8. UAE Chocolate Market Revenues, By Distribution Channel, 2015-2025F ($ Million)
Table 9. UAE Chocolate Market Revenues, By Chocolate Type, 2015-2025F ($ Million)

  

Europe Chocolate Market (2019-2025): Market Forecast By Types (Dark Chocolate, Milk Chocolate, White Chocolate), By Products (Softline, Boxed Assortments, Contlines, Seasonal Chocolates, Molded Chocolates, And Others), By Distribution Channel (Supermarket and hypermarkets, Specialist Retailers, Convenience Stores, Online Channel, And Others), By Counties (Germany, Italy, France, United Kingdom And Rest of Europe)  And Competitive Landscape.

Global Chocolate Market (2019-2025): Market Forecast By Types (Dark Chocolate, Milk Chocolate, White Chocolate), By Products (Softline, Boxed Assortments, Contlines, Seasonal Chocolates, Molded Chocolates, And Others), By Distribution Channel (Supermarket and hypermarkets, Specialist Retailers, Convenience Stores, Online Channel And Others), By Regions (North America, Latin America, Europe, Asia-Pacific And the Middle East & Africa) By Key Countries And Competitive Landscape.

Latin America Chocolate Market (2019-2025): Market Forecast By Types (Dark Chocolate, Milk Chocolate, White Chocolate), By Products (Softline, Boxed Assortments, Contlines, Seasonal Chocolates, Molded Chocolates, And Others), By Distribution Channel (Supermarket and hypermarkets, Specialist Retailers, Convenience Stores, Online Channel And Others), By Countries (Mexico, Brazil, Argentina And Rest of Latin America) And Competitive Landscape.

North America Chocolate Market (2019-2025): Market Forecast By Types (Dark Chocolate, Milk Chocolate, White Chocolate), By Products (Softline, Boxed Assortments, Contlines, Seasonal Chocolates, Molded Chocolates, And Others), By Distribution Channel (Supermarket and hypermarkets, Specialist Retailers, Convenience Stores, Online Channel, And Others), By Countries(the United States, Canada & Rest of North America) and Competitive Landscape.

Saudi Arabia Chocolate Market (2019-2025): Market Forecast By Types (Dark Chocolate, Milk Chocolate, White Chocolate), By Products (Softline, Boxed Assortments, Contlines, Seasonal Chocolates, Molded Chocolates, And Others), By Distribution Channel (Supermarket and hypermarkets, Specialist Retailers, Convenience Stores, Online Channel, And Others), By Regions (Eastern, Western, Central, Southern) and Competitive Landscape.

 
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