The United Arab Emirates (UAE), being largely unorganized and fragmented
chocolate market, is offering immense opportunities for growth to domestic as
well as international chocolate players. The country has been witnessing
significant increase in demand for chocolates, especially during festive
seasons. Consumers in the UAE prefer gifting premium boxed chocolates
available in varied shapes and sizes in attractive packaging over traditional
sweets. Due to busier life schedule and intake of high-fat content food, the
country is also witnessing significant increase in the number of diabetic and
obese patients. Such consumers are demanding for sugar-free chocolates that
are manufactured using low-fat, organic ingredients. Considering the growing
domestic demand for chocolates and limited manufacturing base, the UAE imports
a large volume of chocolates from countries like the US, the UK, France,
Germany, Canada, etc. To address the rising chocolate demand in the country,
leading chocolate companies are offering their products through various points
of sale like hypermarkets, supermarkets, and convenience stores. Many domestic
players are also establishing exclusive chocolate boutiques to offer
customized chocolate assortments mainly to elite and upper middle class
consumers in country.
According to “UAE Chocolate Market Forecast & Opportunities,
2019”, the chocolate market in the UAE is projected to grow at a
CAGR of around 6.09% during 2014-19 in value terms. The chocolate market in
the UAE has been categorized into countlines, molded bars, and boxed
chocolates, with countline segment expected to continue its market dominance
through 2019. Boxed chocolate assortment segment is expected to increase at a
faster pace as consumers, especially the elite class, prefer these premium
chocolates offered by leading international brands. Mars GCC is the leading
chocolate company in the UAE holding the largest market share in value terms
through the forecast period. The company is projected to continue dominating
the market through 2019. Other major players operating in the UAE chocolate
market include Nestle Middle East FZE, Cadbury Middle East FZE, Ferrero SpA,
and Lindt & Sprungli Group among others. However, rising prices of raw
materials, mainly cocoa and sugar, is posing a major challenge to chocolate
companies in the country. The price increase is affecting the profit margins
of various chocolate players are declining.
“UAE Chocolate Market Forecast & Opportunities, 2019”
elaborates the following aspects related to chocolate market expansion in the
UAE:
- UAE Chocolate Market Size, Share & Forecast
- Segmental Analysis - Countlines, Boxed Chocolates and Molded Chocolate Bars
- Policy & Regulatory Landscape
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations
Why You Should Buy This Report?
- To gain an in-depth understanding of chocolate Market in the UAE
- To identify on-going trends and anticipated growth in the coming years
- To help industry consultants, distributors and dealers align their
market-centric strategies
- To obtain research based business decision and add weight to presentations
and marketing materials
- To gain competitive knowledge of leading players
- To avail 10% customization in the report without any extra charges and get
the research data or trends added in the report as per the buyer's specific
needs
Table of Contents
1. Research Methodology
2. Analyst View
3. Global Chocolate Market Overview
4. UAE Chocolate Market Outlook
- 4.1. Market Size & Forecast
- 4.2. Market Share & Forecast
- 4.2.1. By Type
- 4.2.2. By Region
- 4.2.3. By Age Group
- 4.2.4. By Point of Sale
- 4.2.5. By Company
5. UAE Countline Chocolate Market Outlook
- 5.1. Market Size & Forecast
- 5.2. Target Market Analysis
- 5.3. Price Point Analysis
6. UAE Molded Chocolate Bar Market Outlook
- 6.1. Market Size & Forecast
- 6.2. Target Market Analysis
- 6.3. Price Point Analysis
7. UAE Boxed Chocolate Market Outlook
- 7.1. Market Size & Forecast
- 7.2. Target Market Analysis
- 7.3. Price Point Analysis
8. Supply Chain Analysis
9. Market Dynamics
- 9.1. Drivers
- 9.2. Challenges
10. Market Trends & Developments
- 10.1. Private Labeling
- 10.2. Sugar Free Chocolates
- 10.3. Attractive Packaging
- 10.4. Demand for Premium Chocolates
11. Policy & Regulatory Landscape
12. UAE Chocolate Market Import & Export Analysis
13. UAE Economic Profile
14. Comparative Landscape
15. Company Profiles
- 15.1. Mars GCC
- 15.2. Ferrero SpA
- 15.3. Nestle Middle East FZE
- 15.4. Cadbury Middle East FZE
- 15.5. IFFCO
- 15.6. Best Foods
- 15.7. Le Chocolat L.L.C
- 15.8. Rocky Mountain Chocolate Factory
- 15.9. Notions Group
- 15.10. Lindt & Sprungli Group
16. Strategic Recommendations
17. Annexure
List of Figures
- Figure 1: Global Chocolate Market Size, By Value, 2009-2013E (USD Billion)
- Figure 2: UAE Chocolate Market Size, By Value, 2009-2013E (USD Million)
- Figure 3: UAE Food Consumption Share within GCC, 2011, 2013 & 2015F
- Figure 4: UAE Chocolate Market Share, By Type, By Value, 2013
- Figure 5: UAE Chocolate Market Share, By Type, By Value, 2019F
- Figure 6: UAE Chocolate Market Share, By Region, By Volume, 2013 & 2019F
- Figure 7: UAE Chocolate Market Share, By Age Group, By Volume, 2013
- Figure 8: UAE Chocolate Market Share, By Age Group, By Volume, 2019F
- Figure 9: UAE Population Share, By Age Group, 2012
- Figure 10: UAE Chocolate Market Share, By Point of Sale, By Volume, 2013
- Figure 11: UAE Chocolate Market Share, By Point of Sale, By Volume, 2019F
- Figure 12: UAE Online Retail Sales Share in Overall Retail Sales, By Value
2013 & 2018F
- Figure 13: UAE Chocolate Market Share, By Company, By Value, 2013
- Figure 14: UAE Chocolate Market Share, By Company, By Value, 2019F
- Figure 15: UAE Countline Chocolate Market Size, By Value, 2009-19F (USD
Million)
- Figure 16: UAE molded Chocolate Bars Market Size, By Value, 2009-19F (USD
Million)
- Figure 17: UAE Boxed Chocolate Market Size, By Value, 2009-19F (USD
Million)
- Figure 18: UAE Chocolate Supply Chain, By Profit Margin
- Figure 19: Cocoa Imports in UAE, By Volume, 2009-12 (Tons)
- Figure 20: Cocoa Exports from UAE, By Volume, 2009-12 (Tons)
- Figure 21: Global Cocoa Prices, 2010-14 (USD per Metric Ton)
- Figure 22: UAE Sugar Imports, By Volume, 2009-12 (Tons)
- Figure 23: UAE Sugar Exports, By Volume, 2009-12 (Tons)
- Figure 24: Production of Cocoa Beans in Africa, By Volume 2011-12
(Thousand Tons)
- Figure 25: Production of Cocoa Beans in America, 2011-12 (Thousand Tons)
- Figure 26: Production of Cocoa Beans in Asia & Oceania, 2011-12 (Thousand
Tons)
- Figure 27: UAE Population Share, By Age Group, 2013
- Figure 28: UAE Consumer Expenditure on Food, 2010-2014 (USD Million)
- Figure 29: UAE Annual Disposable Income, 2010-2014 (USD Million)
- Figure 30: UAE Online Retail Sales, By Value, 2010-2012 (USD Million)
- Figure 31: UAE Retail Sales, By Value, 2006-2010 (USD Billion)
- Figure 32: Number of Hotels in UAE, 2009-2012
- Figure 33: Diabetes Prevalence in UAE, By Age Group (20-79 Years), 2011
- Figure 34: Child Obesity in UAE, By Age Group, 2011
- Figure 35: Cocoa Beans Monthly Price Increase, 2014 (USD per Metric Ton)
- Figure 36: UAE Chocolate Market Imports, By Value, 2010-2012 (USD Thousand)
- Figure 37: UAE Chocolate Market Import, By Volume, 2010-2012 (Tons)
- Figure 38: UAE Chocolate Market Exports, By Value, 2010-2012 (USD Thousand)
- Figure 39: UAE Chocolate Market Exports, By Volume, 2010-2012 (Tons)
- Figure 40: Mars GCC UAE Plant Details, 2010
- Figure 41: SWOT Analysis, Mars GCC
- Figure 42: Ferrero Product Range, 2014
- Figure 43: SWOT Analysis, Ferrero
- Figure 44: SWOT Analysis, Nestle Middle East FZE
- Figure 45: SWOT Analysis, Cadbury Middle East FZE
- Figure 46: SWOT Analysis, IFFCO Group
- Figure 47: SWOT Analysis, Best Foods
- Figure 48: SWOT Analysis, Le Chocolate
- Figure 49: SWOT Analysis, Rocky Mountain Chocolate Factory
- Figure 50: Notions Group Product Range in UAE 2014
- Figure 51: SWOT Analysis, Notions Group
- Figure 52: SWOT Analysis, Lindt & Sprungli Group
List of Tables
- Table 1: UAE Countline Chocolate Target Market Analysis, By Company, 2014
- Table 2: UAE Countline Chocolate Average Prices, By Company, 2014 (USD per
Kg)
- Table 3: Nestle Middle East Average Milk based Chocolate Prices, 2014 (USD
per Kg
- Table 4: Mars GCC Average Chocolate Prices, 2014 (USD per Kg)
- Table 5: Ferrero Average Chocolate Price, 2014 (USD per Kg)
- Table 6: Lindt Average Chocolate Price, 2014 (USD per Kg)
- Table 7: UAE Molded Chocolate Bars Target Market Analysis, By Company, 2014
- Table 8: UAE Molded Chocolate Bars Average Price, By Company, 2014 (USD
per Kg)
- Table 9: Mars Average Chocolate Price, By Type 2014 (USD per Kg)
- Table 10: Lindt Average Chocolate Price, By Type, 2013 (USD per Kg)
- Table 11: Ferrero Average Chocolate Price, By Type, 2013 (USD per Kg)
- Table 12: Cadbury Average Chocolate Price, By Type, 2013 (USD per Kg)
- Table 13: UAE Boxed Chocolate Target Market Analysis, By Company, 2014
- Table 14: UAE Boxed Chocolate Bars Average Price, By Company, 2014 (USD
per Kg)
- Table 15: Best Foods Average Chocolate Price, By Type, 2014 (USD per Kg)
- Table 16: Lindt Average Chocolate Price, By Type, 2014 (USD per Kg)
- Table 17: Mars Average Chocolate Price, By Type, 2014 (USD per Kg)
- Table 18: RMCF Average Chocolate Price, By Type, 2014 (USD per Kg)
- Table 19: Le Chocolat Average Chocolate Price, By Company, 2014 (USD per
Kg)
- Table 20: Cadbury Average Chocolate Price, By Type, 2014 (USD per Kg)
- Table 21: Notions Average Chocolate Price, By Type, 2014 (USD per Kg)
- Table 22: UAE Chocolate Manufacturers Details, By Products, Manufacturing
Units, By Production Capacity