Middle East & Africa Premium Chocolate Market Size & Outlook

The premium chocolate market in Middle East & Africa is expected to reach a projected revenue of US$ 2,954.5 million by 2030. A compound annual growth rate of 6.6% is expected of Middle East & Africa premium chocolate market from 2025 to 2030.
Revenue, 2024 (US$M)
$2,024.6
Forecast, 2030 (US$M)
$2,954.5
CAGR, 2025 - 2030
6.6%
Report Coverage
Middle East & Africa

MEA premium chocolate market highlights

  • The MEA premium chocolate market generated a revenue of USD 2,142.7 million in 2024.
  • The market is expected to grow at a CAGR of 6.6% from 2025 to 2029.
  • In terms of segment, milk chocolate was the largest revenue generating product in 2024.
  • Dark Chocolate is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, UAE is expected to register the highest CAGR from 2025 to 2029.


MEA data book summary

Market revenue in 2024USD 2,142.7 million
Market revenue in 2029USD 2,954.5 million
Growth rate6.6% (CAGR from 2024 to 2029)
Largest segmentMilk chocolate
Fastest growing segmentDark Chocolate
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2029
Quantitative unitsRevenue in USD million
Market segmentationDark Chocolate, Milk Chocolate, White Chocolate
Key market players worldwideChocoladefabriken Lindt & Spruengli AG, Ferrero, Endangered Species Chocolates, The Hershey Company, Mondelez International Inc Class A, YILDIZ HOLDING, Lake Champlain Chocolates, CÉMOI Group, Rococo Chocolates


Other key industry trends

  • In terms of revenue, MEA region accounted for 6.5% of the global premium chocolate market in 2024.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2029.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 9,394.6 million by 2029.

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Premium Chocolate Market Companies

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MEA premium chocolate market size, by country, 2018-2030 (US$M)

Middle East & Africa Premium Chocolate Market Outlook Share, 2024 & 2030 (US$M)

MEA premium chocolate market size, by country, 2018-2030 (US$M)

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