GCC Dark Chocolate Market

GCC Dark Chocolate Market Overview:

The GCC dark chocolate market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Dark chocolate is a form of chocolate that is made of cocoa butter and contains a high percentage of cocoa solid compared to milk chocolates. It is manufactured using various ingredients, including cocoa, sugar, flavorings, and emulsifiers. Dark chocolate is a rich source of polyphenols, flavanols, catechins, antioxidants, and nutrients such as iron, zinc, copper, phosphorus, manganese, selenium, magnesium, and potassium. Nowadays, there has been an increased consumption of dark chocolate as it delays the onset of aging and protects the body against damages caused by free radicals. It is also known to safeguard the brain from age-related stress and inflammation, as well as neurodegenerative disorders like Alzheimer’s disease.

The GCC dark chocolate market is primarily driven by the inflating disposable income of individuals and changing their dietary preferences. Besides this, the growing awareness regarding the associated benefits of consuming dark chocolate is also escalating the product demand. As a result, dark chocolate is considered a potential superfood that is widely used as a key ingredient in preparing food products such as chocolate bars, candies, bakery foods, and beverages. Moreover, the shifting the consumer preference toward healthy and sustainable snacks, and the increasing popularity of packaged and convenience food items across the GCC region is fueling the market growth. Furthermore, manufacturers are introducing organic dark chocolates made with natural ingredients in a wide variety of flavors, such as orange, cranberry, and coffee, which is expected to create a positive outlook for the market in the upcoming years.

GCC Dark Chocolate Market Segment Insights:

The report has assessed the GCC dark chocolate market on the basis of distribution channel covering, supermarkets and hypermarkets, convenience stores, non-grocery retailers and others. The report has further examined the market based on end-use including, residential, commercial and infrastructure. On a regional basis, the report examines the Dark Chocolate market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. An evaluation of the competitive landscape has also been provided with the details of the key players operating in the GCC dark chocolate market.

Highlights of the GCC Dark Chocolate Market Report:

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

Key Market Segments:

The GCC dark chocolate market has been analysed as followed:

Segmentation by Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Non-Grocery Retailers 
• Others

Segmentation by Country:

• Saudi Arabia
• United Arab Emirates
• Qatar
• Kuwait
• Oman
• Bahrain

Report Customisation:

The GCC dark chocolate market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs.