Anticipated trends indicate that the Middle East and Africa chocolate confectionery market will achieve incremental growth of USD 4.7 billion, translating to a compound annual growth rate (CAGR) of around 8.9% during the forecast period of 2024 to 2029. The chocolate confectionery market in the Middle East and Africa is driven by the growing influence of Western lifestyles, which has increased the demand for premium and innovative chocolate products. Rising disposable incomes in urban areas and a young, dynamic population are key factors supporting the market. Additionally, the growing presence of global chocolate brands and the development of cold-chain infrastructure to maintain product quality are enhancing market accessibility and growth.
The report offers a comprehensive evaluation of the Middle East and Africa chocolate confectionery market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, type, distribution channel and country. This comprehensive evaluation aids in identifying the growth potential within the chocolate confectionery industry.
Market Segmentation
The Middle East and Africa chocolate confectionery market is classified into the following segments:
Product type: boxed chocolates, countlines, pouches and bags, tablets, chocolate with toys, seasonal chocolates, others
Type: regular, sugar-free
Distribution channel: beauty and personal care stores, convenience stores, department stores, direct selling, discounters, e-commerce, grocery stores, pharmacies, supermarkets and hypermarkets, others
Country: Egypt, Nigeria, Saudi Arabia, South Africa, United Arab Emirates, others
The Middle East and Africa chocolate confectionery market is categorized by product type, type, distribution channel and country. By product type, the market features boxed chocolates, countlines, pouches and bags, tablets, chocolate with toys, seasonal chocolates, and others. Type segmentation includes regular, and sugar-free. Distribution channel segmentation comprises beauty and personal care stores, convenience stores, department stores, direct selling, discounters, e-commerce, grocery stores, pharmacies, supermarkets and hypermarkets, and others. Geographically, the market includes Egypt, Nigeria, Saudi Arabia, South Africa, United Arab Emirates and others.
Competitive Landscape
Prominent companies operating within the market comprise Unilever PLC, Tiger Brands Limited, The Hershey Company, Strauss Group Ltd., SOBCO Sarl, Saida Group, Pladis Foods Limited, Patchi SAL, Pastor S.A., Nestle S.A., Mondelez International Inc., Mars Incorporated, Loacker S.p.A., Leiman Schlussel Ltd., IFFCO Group, Grupo Arcor S.A., Groupe Bimo (Biscuiterie Moderne), Ferrero International S.A., Compagnie Cherifienne de Chocolaterie (Aiguebelle), Chocoladefabriken Lindt & Sprungli AG, Bostani Chocolatier Inc., Bifa Biskuvi Ve Gida Sanayi AS, August Storck KG, Anoosh Company, Alfred Ritter GmbH & Co. KG and Al Jazirah Food Processing Co. Ltd.
This analysis offers a comprehensive overview of the main players in the chocolate confectionery market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Middle East and Africa Chocolate Confectionery Market – Product Type Analysis
Middle East and Africa Chocolate Confectionery Market – Type Analysis
Middle East and Africa Chocolate Confectionery Market – Distribution Channel Analysis
Middle East and Africa Chocolate Confectionery Market – Country Analysis
Key Players and Market Share
– Unilever PLC
– Tiger Brands Limited
– The Hershey Company
– Strauss Group Ltd.
– SOBCO Sarl
– Saida Group
– Pladis Foods Limited
– Patchi SAL
– Pastor S.A.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Middle East and Africa Chocolate Confectionery Market 2019-2029
Chart Middle East and Africa Chocolate Confectionery Market, Net Growth, 2019-2029
Chart Middle East and Africa Chocolate Confectionery Market, Growth Rates, 2019-2029
Table Middle East and Africa Chocolate Confectionery Market by Product Type, 2019-2029
Chart Middle East and Africa Chocolate Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Middle East and Africa Chocolate Confectionery Market by Product Type, 2019-2029
Table Middle East and Africa Chocolate Confectionery Market by Type, 2019-2029
Chart Middle East and Africa Chocolate Confectionery Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Middle East and Africa Chocolate Confectionery Market by Type, 2019-2029
Table Middle East and Africa Chocolate Confectionery Market by Distribution Channel, 2019-2029
Chart Middle East and Africa Chocolate Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Middle East and Africa Chocolate Confectionery Market by Distribution Channel, 2019-2029
Table Middle East and Africa Chocolate Confectionery Market by Country, 2019-2029
Chart Middle East and Africa Chocolate Confectionery Market by Country, CAGR Historic and Forecast, 2019-2029
Chart Middle East and Africa Chocolate Confectionery Market by Country, 2019-2029
Table Middle East and Africa Chocolate Confectionery Market Share (%), by Companies, 2019-2023
Chart Middle East and Africa Chocolate Confectionery Market, by Companies, 2023
Table Middle East and Africa Chocolate Confectionery Market Share (%), by Brands, 2019-2023
Chart Middle East and Africa Chocolate Confectionery Market, by Brands, 2023
Table Middle East and Africa – Population (Millions) and Forecast
Table Middle East and Africa – Consumer Price Index (CPI) and Forecast
Table Middle East and Africa – Gross Domestic Product and Forecast
Table Middle East and Africa Chocolate Confectionery Market: Spend as a Proportion of GDP (%)
Table Middle East and Africa Chocolate Confectionery Market: Consumption per Capita (Population)
Companies Mentioned
Unilever PLC
Tiger Brands Limited
The Hershey Company
Strauss Group Ltd.
SOBCO Sarl
Saida Group
Pladis Foods Limited
Patchi SAL
Pastor S.A.
Nestle S.A.
Mondelez International Inc.
Mars, Incorporated
Loacker S.p.A.
Leiman Schlussel Ltd.
IFFCO Group
Grupo Arcor S.A.
Groupe Bimo (Biscuiterie Moderne)
Ferrero International S.A.
Compagnie Cherifienne de Chocolaterie (Aiguebelle)
Chocoladefabriken Lindt & Sprungli AG
Bostani Chocolatier, Inc.
Bifa Biskuvi Ve Gida Sanayi AS
August Storck KG
Anoosh Company
Alfred Ritter GmbH & Co. KG
Al Jazirah Food Processing Co., Ltd.