GCC chocolate market stood at $ 1.3 billion in 2017 and is projected to grow at a CAGR of over 12% to reach $ 2.6 billion by 2023. Anticipated growth in the market can be attributed to rising consumption of chocolate among young population under the age group of 5-24 years coupled with growing urbanization across the GCC region. Moreover, growing trend of gifting premium chocolates as a substitute for dry fruits and traditional sweets is further aiding the region’s chocolate market. Rising tourist footfall and expanding expatriate population, which is increasing the influence of western culture, increasing disposable income of middle class population and growing awareness about health benefits of chocolate is further expected to propel growth in GCC chocolate market through 2023.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

Objective of the Study:

  • To analyze and forecast the market size of GCC chocolate market.
  • To define, classify and forecast GCC chocolate market based on product type, category, distribution channel, country and company.
  • To analyze and forecast the market share in terms of value for GCC chocolate market with respect to product type which includes milk chocolate, dark chocolate and white chocolate.
  • To scrutinize the detailed market segmentation and forecast the market size, in terms of value, of six countries in the region, namely – Saudi Arabia, UAE, Oman, Bahrain, Qatar and Kuwait.
  • To identify tailwinds and headwinds for the GCC chocolate market.
  • To examine competitive developments such as expansions, innovative product launches, government policy and investments, new entrants in GCC chocolate market.
  • To strategically profile the leading players in the market which are involved in the supply of chocolate in GCC region.


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Some of the major players operating in GCC chocolate market are Mars GCC FZE, Mondelez Arabia for Trading LLC, Nestle Middle East FZE, Ferrero Trading Dubai, Chocoladefabriken Lindt & Sprüngli, Patchi SAL, Al Nassma Chocolate LLC, Al Kazemi International Food Industries, Sweets of Oman SAOG and Godiva Chocolatier LLC.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading chocolate companies across the GCC region. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the company personnel were also enquired about their key products, prices of products and competitors. Through this technique, TechSci Research was able to include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the

 type, category, distribution channel and regional presence of all major chocolate companies across the GCC region.

 

Key Target Audience:

  • Chocolate manufacturers, importers, suppliers, distributors and other stakeholders
  • Trade Associations, organizations, forums and alliances related to chocolate industry
  • Government bodies such as regulating authorities and policy makers
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as chocolate manufacturers, distributors and other stakeholders. The report would also provide insights about which market segments should be targeted over the coming years to strategize investments and capitalize on the growth of the market.

Report Scope:

In this report, GCC chocolate market has been segmented into the following categories in addition to the industry trends which have also been detailed below:

  • Market, by Product Type:
    • Milk Chocolate
    • Dark Chocolate
    • White Chocolate
  • Market, by Category:
    • Chocolate Pouches and Bags
    • Boxed Chocolates
    • Countline
    • Tablets
    • Others
  • Market, by Distributional Channel:
    • Supermarkets/Hypermarket
    • Convenience Stores/Forecourt Retailers
    • Independent Grocery Stores
    • Non-Store Retailing
    • Others
  • Market, by Country:
    • Saudi Arabia
    • UAE
    • Kuwait
    • Qatar
    • Oman
    • Bahrain
  • Market, by Company:
    • Mars GCC FZE
    • Nestle Middle East FZE
    • Ferrero Trading Dubai
    • Chocoladefabriken Lindt & Spruengli
    • Mondelez Arabia for Trading LLC
    • Others

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in GCC chocolate market.

Voice of Customer: Customer analysis by considering below mentioned parameters- Brand Awareness, Frequency of Consuming Chocolate and Factors Influencing Purchase Decision.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Channel Partner Analysis

  • Detailed list of distributors and dealers across all major regions.

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.       Product Overview

2.       Research Methodology

3.       Analyst View

4.       Voice of Customer

4.1.    Brand Awareness

4.2.    Frequency of Consumption

4.3.    Factors Influencing Purchase Decisions

4.4.    Place of Purchase

5.       Global Chocolate Market Overview

6.       GCC Chocolate Market Outlook

6.1.    Market Size & Forecast

6.1.1. By Value & Volume

6.2.    Market Share & Forecast

6.2.1. By Product Type (Milk, White and Dark Chocolate)

6.2.2. By Category (Countline, Tablets, Boxed Chocolates, Chocolate Pouches & Bags and Others)

6.2.3. By Distribution Channel (Supermarkets/Hypermarkets, Independent Grocery Stores, Convenience Stores/Forecourt Retailers, Non-Store Retailing, Others)

6.2.4. By Country

6.2.5. By Company

6.3.    Market Attractiveness Index

6.3.1. By Product Type

6.3.2. By Distribution Channel

6.3.3. By Country

7.       Saudi Arabia Chocolate Market Outlook

7.1.    Market Size & Forecast

7.1.1. By Value & Volume

7.2.    Market Share & Forecast

7.2.1. By Product Type

7.2.2. By Category

7.2.3. By Distribution Channel

7.2.4. Pricing Analysis

7.2.5. Competition Outlook

8.       UAE Chocolate Market Outlook

8.1.    Market Size & Forecast

8.1.1. By Value & Volume

8.2.    Market Share & Forecast

8.2.1. By Product Type

8.2.2. By Category

8.2.3. By Distribution Channel

8.2.4. Pricing Analysis

8.2.5. Competition Outlook

9.       Kuwait Chocolate Market Outlook

9.1.    Market Size & Forecast

9.1.1. By Value & Volume

9.2.    Market Share & Forecast

9.2.1. By Product Type

9.2.2. By Category

9.2.3. By Distribution Channel

9.2.4. Pricing Analysis

9.2.5. Competition Outlook

10.   Qatar Chocolate Market Outlook

10.1.   Market Size & Forecast

10.1.1.  By Value & Volume

10.2.   Market Share & Forecast

10.2.1.    By Product Type

10.2.2.    By Category

10.2.3.    By Distribution Channel

10.2.4.    Pricing Analysis

10.2.5.    Competition Outlook

11.   Oman Chocolate Market Outlook

11.1.   Market Size & Forecast

11.1.1.    By Value & Volume

11.2.   Market Share & Forecast

11.2.1.    By Product Type

11.2.2.    By Category

11.2.3.    By Distribution Channel

11.2.4.    Pricing Analysis

11.2.5.    Competition Outlook

12.   Bahrain Chocolate Market Outlook

12.1.   Market Size & Forecast

12.1.1.    By Value & Volume

12.2.   Market Share & Forecast

12.2.1.    By Product Type

12.2.2.    By Category

12.2.3.    By Distribution Channel

12.2.4.    Pricing Analysis

12.2.5.    Competition Outlook

13.   Value Chain Analysis

14.   Import – Export Analysis

15.   Market Dynamics

15.1.   Drivers

15.2.   Challenges

16.   Market Trends and Developments

17.   Competitive Landscape

17.1.   Company Profiles

17.1.1.    Mars GCC FZE

17.1.2.    Nestle Middle East FZE

17.1.3.    Ferrero Trading Dubai

17.1.4.    Chocoladefabriken Lindt & Sprüngli

17.1.5.    Mondelez Arabia for Trading LLC

17.1.6.    Patchi SAL

17.1.7.    Al Nassma Chocolate LLC

17.1.8.    Al Kazemi International Food Industries

17.1.9.    Sweets of Oman SAOG

17.1.10.   Godiva Chocolatier LLC

18.   Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • List of Figures

     Figure 1: Brand Recall, By Select Brand, 2018 (Sample Size = 200)

    Figure 2: Consumption of Chocolates, By Age, By Frequency of Consumption, 2018 (Sample Size=200)

    Figure 3: Factors Influencing Purchase Decision, 2018 (Sample Size = 200)

    Figure 4: Place of Purchase, 2018 (Sample Size = 200)

    Figure 5: GCC Chocolate Market Size, By Value (USD Million), By Volume (Million Kg), 2013–2023F

    Figure 6: GCC Countries GDP per Capita (Nominal), 2015-2017 (USD Thousand)

    Figure 7: GCC Chocolate Market Share, By Product Type, By Value, 2013-2023F

    Figure 8: GCC Chocolate Market Share, By Category, By Value, 2013-2023F

    Figure 9: GCC Chocolate Market Share, By Distribution Channel, By Value, 2013-2023F

    Figure 10: GCC Chocolate Market Share, By Country, By Value, 2017 & 2023F

    Figure 11: GCC Chocolate Market Share, By Country, By Value, 2013-2023F

    Figure 12: GCC Chocolate Market Share, By Company, By Value, 2017 & 2023F

    Figure 13: GCC Chocolate Market Attractiveness Index, By Product Type, By Value, 2018E-2023F

    Figure 14: GCC Chocolate Market Attractiveness Index, By Distribution Channel, By Value, 2018E-2023F

    Figure 15: GCC Chocolate Market Attractiveness Index, By Country, By Value, 2018E-2023F

    Figure 16: Saudi Arabia Chocolate Market Size, By Value (USD Million), By Volume (Million Kg), 2013–2023F

    Figure 17: Saudi Arabia GDP per Capita, PPP, 2013-2017 (USD Thousand)

    Figure 18: Saudi Arabia Chocolate Market Share, By Product Type, By Value, 2013-2023F

    Figure 19: Saudi Arabia Chocolate Market Share, By Category, By Value, 2013-2023F

    Figure 20: Saudi Arabia Chocolate Market Share, By Distribution Channel, By Value, 2013-2023F

    Figure 21: UAE Chocolate Market Size, By Value (USD Million), By Volume (Million Kg), 2013–2023F

    Figure 22: UAE GDP per Capita, Nominal, 2013-2017 (USD Thousand)

    Figure 23: UAE Chocolate Market Share, By Product Type, By Value, 2013-2023F

    Figure 24: UAE Chocolate Market Share, By Category, By Value, 2013-2023F

    Figure 25: GCC Chocolate Market Share, By Distribution Channel, By Value, 2013-2023F

    Figure 26: Kuwait Chocolate Market Size, By Value (USD Million), By Volume (Million Kg), 2013–2023F

    Figure 27: Kuwait GDP per Capita, Nominal, 2013-2017 (USD Thousand)

    Figure 28: Kuwait Chocolate Market Share, By Product Type, By Value, 2013-2023F

    Figure 29: Kuwait Chocolate Market Share, By Category, By Value, 2013-2023F

    Figure 30: Kuwait Chocolate Market Share, By Distribution Channel, By Value, 2013-2023F

    Figure 31: Qatar Chocolate Market Size, By Value (USD Million), By Volume (Million Kg), 2013–2023F

    Figure 32: Qatar GDP per Capita, Nominal, 2013-2017 (USD Thousand)

    Figure 33: Qatar Chocolate Market Share, By Product Type, By Value, 2013-2023F

    Figure 34: Qatar Chocolate Market Share, By Category, By Value, 2013-2023F

    Figure 35: Qatar Chocolate Market Share, By Distribution Channel, By Value, 2013-2023F

    Figure 36: Oman Chocolate Market Size, By Value (USD Million), By Volume (Million Kg), 2013–2023F

    Figure 37: Oman GDP per Capita, Nominal, 2013-2017 (USD Thousand)

    Figure 38: Oman Chocolate Market Share, By Product Type, By Value, 2013-2023F

    Figure 39: Oman Chocolate Market Share, By Category, By Value, 2013-2023F

    Figure 40: Oman Chocolate Market Share, By Distribution Channel, By Value, 2013-2023F

    Figure 41: Bahrain Chocolate Market Size, By Value (USD Million), By Volume (Million Kg), 2013–2023F

    Figure 42: Bahrain GDP per Capita, Nominal, 2013-2017 (USD Thousand)

    Figure 43: Bahrain Chocolate Market Share, By Product Type, By Value, 2013-2023F

    Figure 44: Bahrain Chocolate Market Share, By Category, By Value, 2013-2023F

    Figure 45: Bahrain Chocolate Market Share, By Distribution Channel, By Value, 2013-2023F

    Figure 46: GCC Chocolate Imports, By Value (USD Million), By Volume (Million Kg), 2013-2017 (HS Code: 180690)

    Figure 47: GCC Chocolate Exports, By Value (USD Million), By Volume (Million Kg), 2013-2017 (HS Code: 180690)

    Figure 48: GCC Chocolate Imports, By Value (USD Million), By Volume (Million Kg), 2013-2017 (HS Code: 180620)

    Figure 49: GCC Chocolate Exports, By Value (USD Million), By Volume (Million Kg), 2013-2017 (HS Code: 180620

    Figure 50: GCC Chocolate Imports, By Value (USD Million), By Volume (Million Kg), 2013-2017 (HS Code: 180631)

    Figure 51: GCC Chocolate Exports, By Value (USD Million), By Volume (Million Kg), 2013-2017 (HS Code: 180631)

    Figure 52: GCC Chocolate Imports, By Value (USD Million), By Volume (Million Kg), 2013-2017 (HS Code: 180632)

    Figure 53: GCC Chocolate Exports, By Value (USD Million), By Volume (Million Kg), 2013-2017 (HS Code: 180632)

     

    List of Tables

     Table 1: Saudi Arabia Chocolate Market Pricing Analysis, By Select Company, By Type, By Category, 2018

    Table 2: UAE Chocolate Market Pricing Analysis, By Select Company, By Category, By Type, 2018

    Table 3: Kuwait Chocolate Market Pricing Analysis, By Select Company, By Type, By Category, 2018

    Table 4: Qatar Chocolate Market Pricing Analysis, By Select Company, By Type, By Category, 2018

    Table 5: Oman Chocolate Market Pricing Analysis, By Select Company, By Type, By Category, 2018

    Table 6: Bahrain Chocolate Market Pricing Analysis, By Select Company, By Type, By Category, 2018