Middle East & Africa Chocolate Market Outlook, 2026

The growth of the chocolate market is increasing as the disposable incomes of the individuals are increasing which makes them spend their income on verities of the chocolates and it is driving the whole chocolate market. The increasing awareness regarding the positive effects on the human body against cardiac disease is increasing the chocolate consumption in the Middle East & Africa region. Geographically the Middle East & Africa chocolate market is segmented into Overall, UAE, Saudi Arabia, South Africa, Israel, and the Rest of the Middle East & Africa. This report gives detail study of various segments of the Middle East & Africa Milk, Dark and White chocolate market with the complete & detailed analysis of the reports historical values and forecasted value, with a profile of the companies which are present in the region along with the market drivers, markets challenges and current market trends of the market.

The report titled “Middle East and Africa Chocolate Market Outlook, 2026” shows a detailed overview into the Chocolate industry in Middle East and Africa. Chocolate is a delight in its every bite. It is loved by the consumers, irrespective of their age, but most commonly by youngsters. Nowadays Chocolate, as a medium is used to display emotions, like love, respect, friendship. With the advent of new flavors, textures, tastes, traditional sweets are being replaced by chocolates. Middle East and Africa chocolate market is foreseen to grow with the CAGR of more than 9% by 2026. South Africa produces 70% of worlds cocoa beans used to make chocolate. Ivory Coast, Ghana, Nigeria, Cameroon regions produce cocoa beans. In spite of producing the most cocoa beans of world, South Africa remains poor country due to differences in earnings of farmers who earn a mere amount of 50 Rand a day as compared to chocolate manufacturers earning dollar 390 million a year in profit. Saudi Arabia is the highest revenue generator in this region. Followed by South Africa and least by Israel. 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. Branding and packaging play a pivotal role in targeting consumers. The increasing demand for ethically harvested cocoa and cocoa sourced from a single plantation is driving the growth of the premium chocolate segment. Annual holidays like Christmas, Easter, Halloween and Valentine’s Day among others are the days when there is a steep rise in demand for chocolates. The Milk chocolates are sweet which is liked by the children and teenagers which is increasing the growth. The Dark chocolate is considered as the premium chocolate which contains a high level of cocoa which makes the taste of it somewhat better which is generally preferred by teenagers and adults. Particularly white chocolate does not have any taste and so the vanilla and sugar are added for the taste and the chocolate is preferred less than the other two types of chocolate. Milk chocolate is generating the highest revenue of more than 50% compared to other dark and white chocolate in the Middle East & Africa chocolate market.

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Manmayi Raval

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Major Companies present in the market Ferrero SPA, Group Arcor, Theo Chocolate, Kellogg Company, Cacau show, La Maison du Chocolat, Ezaki Glico Co, Meiji Holdings Co. Ltd, Lindt and Sprüngli AG, Mars Incorporated, Mondelez International, Morinaga & Co. Ltd, Hershey Company, Nestle S.A, Thorntons, Patchi, August Storck KG, Barry Callebaut, Godiva choclatier, Stella Bernrain Blommer Chocolates Company, Confiserie Leonidas, Mary’s Chocolate, Lotte Confectionery, United Confectionery manufacturers, Cemoi Group, France Neuhaus, Belgium, Brookside Chocolates Considered in this report • Geography: Middle East and Africa • Base year: 2020 • Estimated year: 2021 • Forecast year: 2026 Aspects covered in this report • Middle East and Africa chocolate market with its value and forecast along with its segments • Region-wise chocolate market analysis • Various divers and challenges • Ongoing trends and developments • Five force models • Top profiled companies • Strategic recommendation

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Regions covered in the report • UAE • Saudi Arabia • Israel • South Africa Types of chocolates in the report • Milk chocolate • Dark chocolate • White chocolate The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to chocolate industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Keywords: Europe, North America, South, America, Europe, Middle East, Africa, Asia, Asia-Pacific, India, Japan, USA, Canada, Mexico, UK, Italy, France, Chocolate, Milk , Dark, White, Retailing, Organic, Natural, Everyday, Seasonal, Premium, Gourmet This report would help you answer the following questions: 1. What is the market size and forecast of the Middle East and Africa Chocolate Market? 2. What are the inhibiting factors and impact of COVID-19 shaping the Middle East and Africa Chocolate Market during the forecast period? 3. Which region outstands in the Middle East and Africa Chocolate Market? 4. Which are the segments to invest in over the forecast period in the Middle East and Africa Chocolate Market? 5. What is the competitive strategic window for opportunities in the Middle East and Africa Chocolate Market? 6. What are the technology trends and regulatory frameworks in the Middle East and Africa Chocolate Market? 7. What are the major companies in the Middle East and Africa Chocolate Market?