Chocolate Market in Middle East and Africa 2024-2028

Description

List of Tables

The chocolate market in middle east and africa is forecasted to grow by USD 3935 mn during 2023-2028, accelerating at a CAGR of 7.3% during the forecast period. The report on the chocolate market in middle east and africa provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising awareness regarding health benefits offered by chocolate, rising demand in food and beverage industry, and growing demand for customized chocolate.

Technavio's chocolate market in middle east and africa is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	6.6%
CAGR	7.3%
Incremental Value	$3935 mn

By Type

Milk
Dark
White

By Geographical Landscape

Middle East and Africa

This study identifies the impulse purchasing behavior of consumers as one of the prime reasons driving the chocolate market in middle east and africa growth during the next few years. Also, rising demand for premium chocolate and introduction of organic, vegan, and sugar and gluten-free chocolate will lead to sizable demand in the market.

The report on the chocolate market in middle east and africa covers the following areas:

Chocolate Market in Middle East and Africa sizing
Chocolate Market in Middle East and Africa forecast
Chocolate Market in Middle East and Africa industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading chocolate market in middle east and africa vendors that include Arcor Group, AUGUST STORCK KG, Barry Callebaut AG, Cacau Show, Chocoladefabriken Lindt and Sprungli AG, Chocolat Bernrain AG, Ezaki Glico Co. Ltd., Ferrero International S.A., Godiva Chocolatier Inc., Kellogg Co., La Maison du Chocolat, Mars Inc., Meiji Holdings Co. Ltd., Mondelez International Inc., Morinaga and Co. Ltd., Nestle SA, Patchi, The Hershey Co., Theo Chocolate Inc., and Thorntons Ltd.. Also, the chocolate market in middle east and africa analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR72160

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value Chain Analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2023
4.4 Market outlook: Forecast for 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Regional - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa: Year-over-year growth 2023-2028 (%)
- Data Table on Regional - Market size and forecast 2023-2028 ($ million)

5 Historic Market Size

5.1 Chocolate Market in Middle East and Africa 2018 - 2022
- Historic Market Size - Data Table on Chocolate Market in Middle East and Africa 2018 - 2022 ($ million)
5.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
5.3 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)

6 Qualitative Analysis

6.1 The AI impact on Chocolate Market in MEA

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
7.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

8 Market Segmentation by Type

8.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
8.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
8.3 Milk - Market size and forecast 2023-2028
- Chart on Milk - Market size and forecast 2023-2028 ($ million)
- Data Table on Milk - Market size and forecast 2023-2028 ($ million)
- Chart on Milk - Year-over-year growth 2023-2028 (%)
- Data Table on Milk - Year-over-year growth 2023-2028 (%)
8.4 Dark - Market size and forecast 2023-2028
- Chart on Dark - Market size and forecast 2023-2028 ($ million)
- Data Table on Dark - Market size and forecast 2023-2028 ($ million)
- Chart on Dark - Year-over-year growth 2023-2028 (%)
- Data Table on Dark - Year-over-year growth 2023-2028 (%)
8.5 White - Market size and forecast 2023-2028
- Chart on White - Market size and forecast 2023-2028 ($ million)
- Data Table on White - Market size and forecast 2023-2028 ($ million)
- Chart on White - Year-over-year growth 2023-2028 (%)
- Data Table on White - Year-over-year growth 2023-2028 (%)
8.6 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

9 Customer Landscape

9.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Geographic Landscape

10.1 Geographic segmentation
- Chart on Market share By Geographical Landscape - 2023-2028 (%)
- Data Table on Market share By Geographical Landscape - 2023-2028 (%)
10.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
10.3 UAE - Market size and forecast 2023-2028
- Chart on UAE - Market size and forecast 2023-2028 ($ million)
- Data Table on UAE - Market size and forecast 2023-2028 ($ million)
- Chart on UAE - Year-over-year growth 2023-2028 (%)
- Data Table on UAE - Year-over-year growth 2023-2028 (%)
10.4 Saudi Arabia - Market size and forecast 2023-2028
- Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
- Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
- Chart on Saudi Arabia - Year-over-year growth 2023-2028 (%)
- Data Table on Saudi Arabia - Year-over-year growth 2023-2028 (%)
10.5 Israel - Market size and forecast 2023-2028
- Chart on Israel - Market size and forecast 2023-2028 ($ million)
- Data Table on Israel - Market size and forecast 2023-2028 ($ million)
- Chart on Israel - Year-over-year growth 2023-2028 (%)
- Data Table on Israel - Year-over-year growth 2023-2028 (%)
10.6 South Africa - Market size and forecast 2023-2028
- Chart on South Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on South Africa - Market size and forecast 2023-2028 ($ million)
- Chart on South Africa - Year-over-year growth 2023-2028 (%)
- Data Table on South Africa - Year-over-year growth 2023-2028 (%)
10.7 Rest of MEA - Market size and forecast 2023-2028
- Chart on Rest of MEA - Market size and forecast 2023-2028 ($ million)
- Data Table on Rest of MEA - Market size and forecast 2023-2028 ($ million)
- Chart on Rest of MEA - Year-over-year growth 2023-2028 (%)
- Data Table on Rest of MEA - Year-over-year growth 2023-2028 (%)
10.8 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Table on Market opportunity By Geographical Landscape ($ million)

11 Drivers, Challenges, and Opportunity/Restraints

11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
11.4 Market opportunities/restraints

12 Competitive Landscape

12.1 Overview
12.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
- Overview on factors of disruption
12.4 Industry risks
- Impact of key risks on business

13 Competitive Analysis

13.1 Companies profiled
- Companies covered
13.2 Company ranking index
- Company ranking index
13.3 Market positioning of companies
- Matrix on companies position and classification
13.4 Arcor Group
- Arcor Group - Overview
- Arcor Group - Product / Service
- Arcor Group - Key offerings
- SWOT
13.5 Cacau Show
- Cacau Show - Overview
- Cacau Show - Product / Service
- Cacau Show - Key offerings
- SWOT
13.6 Chocoladefabriken Lindt and Sprungli AG
- Chocoladefabriken Lindt and Sprungli AG - Overview
- Chocoladefabriken Lindt and Sprungli AG - Business segments
- Chocoladefabriken Lindt and Sprungli AG - Key news
- Chocoladefabriken Lindt and Sprungli AG - Key offerings
- Chocoladefabriken Lindt and Sprungli AG - Segment focus
- SWOT
13.7 Ezaki Glico Co. Ltd.
- Ezaki Glico Co. Ltd. - Overview
- Ezaki Glico Co. Ltd. - Business segments
- Ezaki Glico Co. Ltd. - Key offerings
- Ezaki Glico Co. Ltd. - Segment focus
- SWOT
13.8 Ferrero International S.A.
- Ferrero International S.A. - Overview
- Ferrero International S.A. - Product / Service
- Ferrero International S.A. - Key news
- Ferrero International S.A. - Key offerings
- SWOT
13.9 Kellogg Co.
- Kellogg Co. - Overview
- Kellogg Co. - Business segments
- Kellogg Co. - Key offerings
- Kellogg Co. - Segment focus
- SWOT
13.10 La Maison du Chocolat
- La Maison du Chocolat - Overview
- La Maison du Chocolat - Product / Service
- La Maison du Chocolat - Key offerings
- SWOT
13.11 Mars Inc.
- Mars Inc. - Overview
- Mars Inc. - Product / Service
- Mars Inc. - Key news
- Mars Inc. - Key offerings
- SWOT
13.12 Meiji Holdings Co. Ltd.
- Meiji Holdings Co. Ltd. - Overview
- Meiji Holdings Co. Ltd. - Business segments
- Meiji Holdings Co. Ltd. - Key news
- Meiji Holdings Co. Ltd. - Key offerings
- Meiji Holdings Co. Ltd. - Segment focus
- SWOT
13.13 Theo Chocolate Inc.
- Theo Chocolate Inc. - Overview
- Theo Chocolate Inc. - Product / Service
- Theo Chocolate Inc. - Key offerings
- SWOT

14 Appendix

14.1 Scope of the report
14.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
14.3 Currency conversion rates for US$
- Currency conversion rates for US$
14.4 Research methodology
- Research methodology
14.5 Data procurement
- Information sources
14.6 Data validation
- Data validation
14.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
14.8 Data synthesis
- Data synthesis
14.9 360 degree market analysis
- 360 degree market analysis
14.10 List of abbreviations
- List of abbreviations