PUBLISHER: Data Bridge Market Research | PRODUCT CODE: 1276948
PUBLISHER: Data Bridge Market Research | PRODUCT CODE: 1276948
The Middle East and Africa premium chocolate market is expected to reach USD 1,652,879.56 thousand by 2030 from USD 1,229,562.10 thousand in 2022, growing at a CAGR of 4.0% during the forecast period of 2023 to 2030.
Middle East and Africa Premium Chocolate Market, By Type (Milk chocolate, Dark Chocolate, and White Chocolate), Product Type (Regular/Plain Chocolate and Filled Chocolate), Inclusion (With Inclusions Chocolates and Regular/No Inclusions Chocolates), Nature (Conventional and Organic), Category ( Standard Premium and Super Premium), Cocoa Content (50-60%, 71-80%, 61-70%, 81-90%, and 91-100%), Flavor (Flavor and Classic/Regular), Packaging (Plastic Wrap, Gift Boxes/Assorted, Pouches, Board Box, Sachets, and Others), Distribution Channel (Store Based Retailers and Non-store retailers), Countries (United Arab Emirates, South Africa, Saudi Arabia, Egypt, Israel, the Rest of the Middle East and Africa) Industry Trends and Forecast to 2030
Driver
Use of premium chocolate in the baking industry
Restrain
The rise in obesity has prompted consumers to look for chocolate substitutes because they believe that chocolate is one of the things that contribute to their weight gain
Opportunity
Increased digitalization and migration of consumers to online distribution channels
Mars, Incorporated and its Affiliates
Mondelez International
THE HERSHEY COMPANY
Ferrero, Nestle
General Mills, Inc.
Meiji Holdings Co., Ltd.
Chocoladefabriken Lindt & Sprungli AG
Barry Callebaut
The Kraft Heinz Company
Cargill, Incorporated.
Cloetta AB,
ORION CORP.
Ghirardelli Chocolate Company (A Subsidiary of Lindt & Sprungli AG)
Ezaki Glico Co., Ltd.
MORINAGA & CO., LTD
Arcor