Product Code: ETC018959 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia Chocolate and Cocoa Products Market is projected to grow significantly during 2025-2031 on account of the rising demand for convenience foods such as chocolates. Chocolates have become increasingly popular among consumers in Saudi Arabia, owing to its various health benefits. Moreover, the increasing disposable income of consumers has allowed them to spend more on premium quality chocolates and cocoa products. Furthermore, modern retail channels including supermarkets and hypermarkets are expected to drive sales over the forecast period as they offer a wide range of chocolate-based products. Additionally, manufacturers are introducing innovative flavors which also attract customers thereby driving market growth further.
Consumers in Saudi Arabia have been shifting their preferences towards convenient food choices like chocolates which can be consumed anytime anywhere regardless of age or gender demographics. This preference change is anticipated to boost the sales of packaged foods including chocolates & cocoa products over the forecast period which would eventually lead to an increase in market size for these items throughout 2025-2031 . The growing disposable incomes coupled with changing lifestyles have enabled people in Saudi Arabia buy premium branded confectioneries such as chocolates & cocoa based products thus creating opportunities for market growth during 2025-2031 . Also there has been a rise in health conscious attitude amongst individuals who prefer organic/vegan free from artificial ingredients containing options when it comes down selecting specific types chocolate or cocoa related items sold across retail outlets within kingdom borders.
In order produce high quality chocolate and other associated product lines ,manufacturers need access certain type raw materials that could be expensive depending upon their geography supply chain network setup . Consequently this factor makes it difficult maintain competitive prices due fluctuating costs input materials being used production process thereby limiting potential buyers from purchasing these items at regular intervals time span due economic constraints imposed overall expenditure pattern they follow each month year long duration leading lesser profits companies involved industry sector too hence making challenging situation investors interested investing into this particular segment future development.
The Covid-19 pandemic had a significant effect on this industry as production was stopped due to lockdown imposed across the country. However, demand increased significantly as individuals started stocking up essential items such as chocolates and cocoa products for snacks during quarantine time period. Furthermore, an increase in online purchases also fueled sales growth up till now; however post covid scenario remains uncertain currently.
Some major players operating in Saudi Arabia Chocolate and Cocoa Products market are Mars Inc., Mondelez International LLC., Nestle SA., Ferrero Group , Hershey Co.. Etc.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Chocolate and Cocoa Products Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Chocolate and Cocoa Products Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Chocolate and Cocoa Products Market - Industry Life Cycle |
3.4 Saudi Arabia Chocolate and Cocoa Products Market - Porter's Five Forces |
3.5 Saudi Arabia Chocolate and Cocoa Products Market Revenues & Volume Share, By Cocoa Types, 2021 & 2031F |
3.6 Saudi Arabia Chocolate and Cocoa Products Market Revenues & Volume Share, By Chocolate Type, 2021 & 2031F |
3.7 Saudi Arabia Chocolate and Cocoa Products Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.8 Saudi Arabia Chocolate and Cocoa Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Saudi Arabia Chocolate and Cocoa Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Chocolate and Cocoa Products Market Trends |
6 Saudi Arabia Chocolate and Cocoa Products Market, By Types |
6.1 Saudi Arabia Chocolate and Cocoa Products Market, By Cocoa Types |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Chocolate and Cocoa Products Market Revenues & Volume, By Cocoa Types, 2021-2031F |
6.1.3 Saudi Arabia Chocolate and Cocoa Products Market Revenues & Volume, By Cocoa Butter, 2021-2031F |
6.1.4 Saudi Arabia Chocolate and Cocoa Products Market Revenues & Volume, By Cocoa Powder, 2021-2031F |
6.1.5 Saudi Arabia Chocolate and Cocoa Products Market Revenues & Volume, By Cocoa Liquor, 2021-2031F |
6.2 Saudi Arabia Chocolate and Cocoa Products Market, By Chocolate Type |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Chocolate and Cocoa Products Market Revenues & Volume, By Dark Chocolate, 2021-2031F |
6.2.3 Saudi Arabia Chocolate and Cocoa Products Market Revenues & Volume, By Milk Chocolate, 2021-2031F |
6.2.4 Saudi Arabia Chocolate and Cocoa Products Market Revenues & Volume, By White Chocolate, 2021-2031F |
6.2.5 Saudi Arabia Chocolate and Cocoa Products Market Revenues & Volume, By Filled Chocolate, 2021-2031F |
6.3 Saudi Arabia Chocolate and Cocoa Products Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Chocolate and Cocoa Products Market Revenues & Volume, By Confectionery, 2021-2031F |
6.3.3 Saudi Arabia Chocolate and Cocoa Products Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.4 Saudi Arabia Chocolate and Cocoa Products Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.3.5 Saudi Arabia Chocolate and Cocoa Products Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4 Saudi Arabia Chocolate and Cocoa Products Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Chocolate and Cocoa Products Market Revenues & Volume, By Offline , 2021-2031F |
6.4.3 Saudi Arabia Chocolate and Cocoa Products Market Revenues & Volume, By Online , 2021-2031F |
7 Saudi Arabia Chocolate and Cocoa Products Market Import-Export Trade Statistics |
7.1 Saudi Arabia Chocolate and Cocoa Products Market Export to Major Countries |
7.2 Saudi Arabia Chocolate and Cocoa Products Market Imports from Major Countries |
8 Saudi Arabia Chocolate and Cocoa Products Market Key Performance Indicators |
9 Saudi Arabia Chocolate and Cocoa Products Market - Opportunity Assessment |
9.1 Saudi Arabia Chocolate and Cocoa Products Market Opportunity Assessment, By Cocoa Types, 2021 & 2031F |
9.2 Saudi Arabia Chocolate and Cocoa Products Market Opportunity Assessment, By Chocolate Type, 2021 & 2031F |
9.3 Saudi Arabia Chocolate and Cocoa Products Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.4 Saudi Arabia Chocolate and Cocoa Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Saudi Arabia Chocolate and Cocoa Products Market - Competitive Landscape |
10.1 Saudi Arabia Chocolate and Cocoa Products Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Chocolate and Cocoa Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |