Chocolate Market in MEA : Technavio Research Identifies UAE as the Dominant Region

Ferrero International SA, Kellogg Co., La Maison du Chocolat, Lindt and Sprungli (USA) Inc., Mars Inc., Meiji Holdings Co. Ltd., and Theo Chocolate Inc. are some of the key vendors discussed in the research report

The chocolate market in MEA is set to grow by $ 4.66 bn, accelerating at a CAGR of almost 8.41% during the forecast period. This research report analyses the growth trajectory of the market with a purview to prevalent market scenarios. It provides a detailed analysis of all the trends, drivers, and challenges that will impact the market during the forecast period. The report also offers a breakdown of all the regional players and their market share along with best-performing segments. This detailed analysis will help our clients identify areas of high growth as well as those with significant growth potential.


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Chocolate Market in MEA | Incremental Growth of $ 4.66 Billion During 2022-2026 | Top Drivers and Related Reports

Chocolate Market in MEA : UAE to lead market growth during the forecast period

  • 32% of the market growth will originate from UAE during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Chocolate Market in MEA size.
  • Rising awareness regarding health benefits offered by chocolate will be a significant factor in driving the growth of the chocolate market in MEA . This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will thus enable clients to assess their play in the market and plan for growth opportunities.
  • Market is segmented by Type (Milk, Dark, and White) and Geography (UAE, Saudi Arabia, Israel, South Africa, and Rest of MEA ).

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of 8.41%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 4.66 bn through 2022-2026.

     
  3. What is a key factor driving this market?
    Rising awareness regarding health benefits offered by chocolate will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    UAE, Saudi Arabia, Israel, South Africa, and Rest of MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    32% growth will originate from UAE

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Arcor Group, Cacau Show, Ezaki Glico Co. Ltd., Ferrero International SA, Kellogg Co., La Maison du Chocolat, Lindt and Sprungli (USA) Inc., Mars Inc., Meiji Holdings Co. Ltd., and Theo Chocolate Inc.

     
  7. What are the market segments covered in this report?
    The market is segmented by Type (Milk, Dark, and White) and Geography (UAE, Saudi Arabia, Israel, South Africa, and Rest of MEA ).

 

Browse through some of other related market research reports for more insights:

  • Dark Chocolate Market: The dark chocolate market is expected to grow by $ 15.93 billion, accelerating at a CAGR of 5.29% during the forecast period.
  • White Chocolate Market: The white chocolate market is set to grow by $ 1.78 billion, accelerating at a CAGR of almost 1.82% during the forecast period.
  • Industrial Chocolate Market: The industrial chocolate market is expected to grow by 1802.13 th tons, accelerating at a CAGR of almost 4% during the forecast period.
  • Dark Chocolate Market in US: Technavio has been monitoring the dark chocolate market in US and it is expected to grow by $ 3.67 billion, accelerating at a CAGR of almost 7% during the forecast period.
  • Premium Chocolate Market: The premium chocolate market is set to grow by $ 16.48 billion, accelerating at a CAGR of almost 9.40% during the forecast period.

Market Segmentation by Type

    • Chocolate Market In MEA Split by Type
      • Milk
      • Dark
      • White
    • Chocolate Market In MEA Split by Geography
      • UAE
      • Saudi Arabia
      • Israel
      • South Africa
      • Rest of MEA

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Arcor Group
  • Cacau Show
  • Ezaki Glico Co. Ltd.
  • Ferrero International SA
  • Kellogg Co.
  • La Maison du Chocolat
  • Lindt and Sprungli (USA) Inc.
  • Mars Inc.
  • Meiji Holdings Co. Ltd.
  • Theo Chocolate Inc.

 

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