Middle East and Africa Chocolate Market Report and Forecast 2025-2034
Description
The Middle East and Africa chocolate market size reached USD 8.42 Billion in 2024. The market is expected to grow at a CAGR of 5.40% between 2025 and 2034, reaching almost USD 14.25 Billion by 2034.
The rising demand for cocoa products in various industries like confectionery and beverages has fuelled Middle East and Africa chocolate market growth. Cocoa ingredients, especially in dark chocolates, are sought after for their health benefits such as blood pressure reduction and diabetes management. In the Middle East, imported chocolates dominate the market due to reliance on major foreign brands like Barry Callebaut and Lindt. Modern retailing and a large expatriate population further drive chocolate consumption in this region.
Artisanal chocolates are gaining popularity, emphasizing cocoa bean flavours prepared by small-scale chocolatiers. Premium cocoa with sustainability certification and single-origin sourcing is particularly in demand, driven by health trends and consumer preferences for high-quality products. Countline chocolates, popular among teenagers and young adults for their convenience, are seeing increased consumption in regions like the UAE.
Dark chocolate's antioxidants, like flavonols, are linked to health benefits such as reducing inflammation and protecting against cell damage. Studies show a lower diabetes prevalence among regular dark chocolate consumers. This health-conscious trend drives consumers towards products claiming to use dark chocolate.
The chocolate market in Middle East and Africa is competitive with global and regional players. Companies are targeting young consumers with higher-priced chocolates through innovative products and expanded distribution. The cocoa and chocolate market, though growing steadily, faces challenges due to uneven supply against high demand, but consumers remain generally price-insensitive.
In developing economies of the region, the market for cocoa ingredients is growing, driven by dark chocolate's antioxidant properties and perceived health benefits. This trend extends into pharmaceuticals and cosmetics, encouraging manufacturers to consider cocoa and chocolate ingredients while playing a crucial role in the Middle East and Africachocolate marketdevelopment.
Market Segmentation
Middle East and Africa Chocolate Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type:
Dark Chocolate
Milk Chocolate
White Chocolate
Market Breakup by Product Type:
Pure Chocolate
Compound Chocolate
Market Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Online
Others
Market Breakup by Region:
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Others
Competitive Landscape
Key players in the chocolate market in Middle East and Africa produce and process cocoa to manufacture and offer products to support the end users in the market.
Mars, Incorporated
Mondelez International, Inc.
Ferrero International S.A.
Nestlé S.A.
The Hershey Company
Barry Callebaut AG
Cocoa Processing Company Limited
Chocoladefabriken Lindt & Sprüngli AG
August Storck KG
Beyers Chocolates
Others
The rising demand for cocoa products in various industries like confectionery and beverages has fuelled Middle East and Africa chocolate market growth. Cocoa ingredients, especially in dark chocolates, are sought after for their health benefits such as blood pressure reduction and diabetes management. In the Middle East, imported chocolates dominate the market due to reliance on major foreign brands like Barry Callebaut and Lindt. Modern retailing and a large expatriate population further drive chocolate consumption in this region.
Artisanal chocolates are gaining popularity, emphasizing cocoa bean flavours prepared by small-scale chocolatiers. Premium cocoa with sustainability certification and single-origin sourcing is particularly in demand, driven by health trends and consumer preferences for high-quality products. Countline chocolates, popular among teenagers and young adults for their convenience, are seeing increased consumption in regions like the UAE.
Dark chocolate's antioxidants, like flavonols, are linked to health benefits such as reducing inflammation and protecting against cell damage. Studies show a lower diabetes prevalence among regular dark chocolate consumers. This health-conscious trend drives consumers towards products claiming to use dark chocolate.
The chocolate market in Middle East and Africa is competitive with global and regional players. Companies are targeting young consumers with higher-priced chocolates through innovative products and expanded distribution. The cocoa and chocolate market, though growing steadily, faces challenges due to uneven supply against high demand, but consumers remain generally price-insensitive.
In developing economies of the region, the market for cocoa ingredients is growing, driven by dark chocolate's antioxidant properties and perceived health benefits. This trend extends into pharmaceuticals and cosmetics, encouraging manufacturers to consider cocoa and chocolate ingredients while playing a crucial role in the Middle East and Africachocolate marketdevelopment.
Market Segmentation
Middle East and Africa Chocolate Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type:
Dark Chocolate
Milk Chocolate
White Chocolate
Market Breakup by Product Type:
Pure Chocolate
Compound Chocolate
Market Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Online
Others
Market Breakup by Region:
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Others
Competitive Landscape
Key players in the chocolate market in Middle East and Africa produce and process cocoa to manufacture and offer products to support the end users in the market.
Mars, Incorporated
Mondelez International, Inc.
Ferrero International S.A.
Nestlé S.A.
The Hershey Company
Barry Callebaut AG
Cocoa Processing Company Limited
Chocoladefabriken Lindt & Sprüngli AG
August Storck KG
Beyers Chocolates
Others
Table of Contents
109 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Countries
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Chocolate Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Chocolate Historical Market (2018-2024)
- 5.3 Global Chocolate Market Forecast (2025-2034)
- 5.4 Global Chocolate Market Share by Region
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 Middle East and Africa Chocolate Market Overview
- 6.1 Key Industry Highlights
- 6.2 Middle East and Africa Chocolate Historical Market (2018-2024)
- 6.3 Middle East and Africa Chocolate Market Forecast (2025-2034)
- 7 Middle East and Africa Chocolate Market by Type
- 7.1 Dark Chocolate
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Milk Chocolate
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 White Chocolate
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 8 Middle East and Africa Chocolate Market by Product Type
- 8.1 Pure Chocolate
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Compound Chocolate
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 9 Middle East and Africa Chocolate Market by Distribution Channel
- 9.1 Supermarkets and Hypermarkets
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Convenience Stores
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Online
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Others
- 10 Middle East and Africa Chocolate Market by Country
- 10.1 Saudi Arabia
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 United Arab Emirates
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Nigeria
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 South Africa
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators of Demand
- 11.4 Key Indicators of Price
- 12 Value Chain Analysis
- 13 Trade Data Analysis (HS Code – 186)
- 13.1 Major Importing Countries
- 13.1.1 By Volume
- 13.1.2 By Value
- 13.2 Major Exporting Countries
- 13.2.1 By Volume
- 13.2.2 By Value
- 14 Price Analysis
- 15 Competitive Landscape
- 15.1 Supplier Selection
- 15.2 Key Global Players
- 15.3 Key Regional Players
- 15.4 Key Player Strategies
- 15.5 Company Profiles
- 15.5.1 Mars, Incorporated
- 15.5.1.1 Company Overview
- 15.5.1.2 Product Portfolio
- 15.5.1.3 Demographic Reach and Achievements
- 15.5.1.4 Certifications
- 15.5.2 Mondel?z International, Inc.
- 15.5.2.1 Company Overview
- 15.5.2.2 Product Portfolio
- 15.5.2.3 Demographic Reach and Achievements
- 15.5.2.4 Certifications
- 15.5.3 Ferrero International S.A.
- 15.5.3.1 Company Overview
- 15.5.3.2 Product Portfolio
- 15.5.3.3 Demographic Reach and Achievements
- 15.5.3.4 Certifications
- 15.5.4 Nestlé S.A.
- 15.5.4.1 Company Overview
- 15.5.4.2 Product Portfolio
- 15.5.4.3 Demographic R each and Achievements
- 15.5.4.4 Certifications
- 15.5.5 The Hershey Company
- 15.5.5.1 Company Overview
- 15.5.5.2 Product Portfolio
- 15.5.5.3 Demographic Reach and Achievements
- 15.5.5.4 Certifications
- 15.5.6 Barry Callebaut AG
- 15.5.6.1 Company Overview
- 15.5.6.2 Product Portfolio
- 15.5.6.3 Demographic Reach and Achievements
- 15.5.6.4 Certifications
- 15.5.7 Cocoa Processing Company Limited
- 15.5.7.1 Company Overview
- 15.5.7.2 Product Portfolio
- 15.5.7.3 Demographic Reach and Achievements
- 15.5.7.4 Certifications
- 15.5.8 Chocoladefabriken Lindt & Sprüngli AG
- 15.5.8.1 Company Overview
- 15.5.8.2 Product Portfolio
- 15.5.8.3 Demographic Reach and Achievements
- 15.5.8.4 Certifications
- 15.5.9 August Storck KG
- 15.5.9.1 Company Overview
- 15.5.9.2 Product Portfolio
- 15.5.9.3 Demographic Reach and Achievements
- 15.5.9.4 Certifications
- 15.5.10 Beyers Chocolates
- 15.5.10.1 Company Overview
- 15.5.10.2 Product Portfolio
- 15.5.10.3 Demographic Reach and Achievements
- 15.5.10.4 Certifications
- 15.5.11 Others
Pricing
Currency Rates
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