Expected to see substantial growth, the Saudi Arabia chocolate confectionery market is anticipated to move from USD 1,215.3 million in 2023 to USD 1,694.9 million by 2029, corresponding to a CAGR of 5.7%. Saudi Arabia’s chocolate confectionery market is expanding due to increasing disposable incomes and a growing preference for premium chocolate products, especially in urban areas. The rising trend of health-conscious eating is contributing to the demand for dark chocolate and low-sugar options. Seasonal events, particularly Ramadan, Eid, and national holidays, play a crucial role in boosting sales, as chocolates are often used for gifting during these occasions.
The report offers a comprehensive evaluation of the Saudi Arabia 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 and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the chocolate confectionery industry.
Market Segmentation
The Saudi Arabia chocolate confectionery market is classified into the following segments:
Product type: boxed chocolates, countlines, pouches and bags, tablets, chocolate with toys, others
Type: regular, sugar-free
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, vending, e-commerce, others
The chocolate confectionery market in Saudi Arabia is segmented based on product type, type and distribution channel. In terms of product type, the market is segmented into boxed chocolates, countlines, pouches and bags, tablets, chocolate with toys, and others. Type segmentation includes regular, and sugar-free. Distribution channel segmentation comprises convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, vending, e-commerce, and others.
Competitive Landscape
The Saudi Arabia chocolate confectionery market exhibits significant competition. Leading companies within the market include The Hershey Company, Pladis Foods Limited, Patchi SAL, Nestle S.A., Mondelez International Inc., Mars Incorporated, Lotte Corporation, IFFCO Group, Grupo Arcor S.A., Ferrero International S.A., Emirates Holding, Chocoladefabriken Lindt & Sprungli AG, Bostani Chocolatier Inc., 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.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Saudi Arabia chocolate confectionery market.
Gain in-depth analysis and forecasts for the key segments of the Saudi Arabia chocolate confectionery market: product type, type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Saudi Arabia chocolate confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Saudi Arabia chocolate confectionery market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.
Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Saudi Arabia Chocolate Confectionery Market – Product Type Analysis
Saudi Arabia Chocolate Confectionery Market – Type Analysis
Saudi Arabia Chocolate Confectionery Market – Distribution Channel Analysis
Key Players and Market Share
– The Hershey Company
– Pladis Foods Limited
– Patchi SAL
– Nestle S.A.
– Mondelez International Inc.
– Mars, Incorporated
– Lotte Corporation
– IFFCO Group
– Grupo Arcor S.A.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Saudi Arabia Chocolate Confectionery Market 2019-2029
Chart Saudi Arabia Chocolate Confectionery Market, Net Growth, 2019-2029
Chart Saudi Arabia Chocolate Confectionery Market, Growth Rates, 2019-2029
Table Saudi Arabia Chocolate Confectionery Market by Product Type, 2019-2029
Chart Saudi Arabia Chocolate Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Saudi Arabia Chocolate Confectionery Market by Product Type, 2019-2029
Table Saudi Arabia Chocolate Confectionery Market by Type, 2019-2029
Chart Saudi Arabia Chocolate Confectionery Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Saudi Arabia Chocolate Confectionery Market by Type, 2019-2029
Table Saudi Arabia Chocolate Confectionery Market by Distribution Channel, 2019-2029
Chart Saudi Arabia Chocolate Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Saudi Arabia Chocolate Confectionery Market by Distribution Channel, 2019-2029
Table Saudi Arabia Chocolate Confectionery Market Share (%), by Companies, 2019-2023
Chart Saudi Arabia Chocolate Confectionery Market, by Companies, 2023
Table Saudi Arabia Chocolate Confectionery Market Share (%), by Brands, 2019-2023
Chart Saudi Arabia Chocolate Confectionery Market, by Brands, 2023
Table Saudi Arabia – Population (Millions) and Forecast
Table Saudi Arabia – Consumer Price Index (CPI) and Forecast
Table Saudi Arabia – Gross Domestic Product and Forecast
Table Saudi Arabia Chocolate Confectionery Market: Spend as a Proportion of GDP (%)
Table Saudi Arabia Chocolate Confectionery Market: Consumption per Capita (Population)
Companies Mentioned
The Hershey Company
Pladis Foods Limited
Patchi SAL
Nestle S.A.
Mondelez International Inc.
Mars, Incorporated
Lotte Corporation
IFFCO Group
Grupo Arcor S.A.
Ferrero International S.A.
Emirates Holding
Chocoladefabriken Lindt & Sprungli AG
Bostani Chocolatier, Inc.
August Storck KG
Anoosh Company
Alfred Ritter GmbH & Co. KG
Al Jazirah Food Processing Co., Ltd.