Market by Process, Quality, Product, Type, End-user, and Country | Forecast 2021-2028
As
per Triton’s research report, the cocoa market in the Middle East and Africa is
envisioned to experience growth at a compound annual growth rate of 3.39% over
the calculated period 2021-2028.
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The
countries considered for analysis in this market are:
• The United Arab Emirates
• Turkey
• South Africa
• Saudi Arabia
• Rest of Middle East & Africa
Chocolate
is a widely popular product across the region. Moreover, premium chocolate
brands are available across the UAE and Saudi Arabia. This rise in premium
chocolate, such as Ferrero and Lindt, is considered a wealth symbol across the
region. Furthermore, Africa is the topmost cocoa contributor, with many cocoa
beans produced in West African nations, such as Ghana, Nigeria, and Ivory
Coast. Here, Ghana and Ivory Coast are the two largest producers of cocoa. The
rising innovation in cocoa processing and increasing investments by companies
majorly support the cocoa market’s progress in the region.
In
the United Arab Emirates, chocolate is gaining substantial traction. As a
result, a majority of chocolate is imported into the country. Additionally, the
surge in disposable income and growing awareness has led to a shift in
purchasing patterns of chocolate. For instance, consumers are opting for
healthy options in chocolate. Moreover, the government is taking proactive
measures to raise awareness about healthy eating. This has surged the demand
for premium chocolate. In this regard, high cocoa content offers medical
benefits, opted by health-conscious consumers. Therefore, as stated above, all
these factors are driving the growth of the cocoa market across the United Arab
Emirates.
Olam
International Limited is an international integrated supplier of raw and
processed agricultural commodities. The group sources, processes, stores, and
distributes agriculture products to its clients. Moreover, the company offers
insurance-related services. Olam’s product line includes cocoa, coffee, grains,
hazelnuts, palm oil, and spices, among others. It has operations across various
regions, including the Middle East and Africa.
1. MIDDLE
EAST AND AFRICA COCOA MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON COCOA MARKET
2.2. KEY INSIGHTS
2.2.1. INFLUENCE
OF WESTERN FLAVORS
2.2.2. COCOA
POWDER COLOR TRENDS
2.2.3. SINGLE-ORIGIN
COCOA AND CHOCOLATES
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
MARKET STRATEGIES
2.6.1. ACQUISITIONS
2.6.2. PRODUCT
DEVELOPMENTS
2.6.3. CONTRACTS
& AGREEMENTS
2.6.4. INVESTMENT
& EXPANSIONS
2.7. MARKET
DRIVERS
2.7.1. RISE
IN DEMAND FOR CHOCOLATE
2.7.2. HEALTH
BENEFITS OF COCOA
2.8. MARKET
CHALLENGES
2.8.1. LOW PRODUCTIVITY
2.8.2. PRICE
FLUCTUATIONS OF COCOA
2.9. MARKET
OPPORTUNITIES
2.9.1. RUBY
COCOA BEANS
2.9.2. BEAN-TO-BAR
CHOCOLATE
3. MIDDLE
EAST AND AFRICA COCOA MARKET OUTLOOK - BY PROCESS
3.1. DUTCH-PROCESS
3.2. NATURAL
PROCESS
4. MIDDLE
EAST AND AFRICA COCOA MARKET OUTLOOK – BY QUALITY
4.1. BULK
4.2. SPECIALTY
4.3. FINE
FLAVOR
5. MIDDLE
EAST AND AFRICA COCOA MARKET OUTLOOK – BY PRODUCT
5.1. COCOA
LIQUOR
5.2. COCOA
POWDER
5.3. COCOA
BUTTER
6. MIDDLE
EAST AND AFRICA COCOA MARKET OUTLOOK – BY TYPE
6.1. CONVENTIONAL
6.2. ORGANIC
7. MIDDLE
EAST AND AFRICA COCOA MARKET OUTLOOK – BY END-USER
7.1. CONFECTIONERY
7.2. FOOD
& BEVERAGES
7.3. BAKERY
7.4. OTHER
END-USERS
8. MIDDLE
EAST AND AFRICA COCOA MARKET – REGIONAL OUTLOOK
8.1. UNITED
ARAB EMIRATES
8.2. SAUDI
ARABIA
8.3. TURKEY
8.4. SOUTH
AFRICA
8.5. REST
OF MIDDLE EAST & AFRICA
9. COMPETITIVE
LANDSCAPE
9.1. CARGILL
INCORPORATED
9.2. MEIJI
HOLDINGS CO LTD
9.3. NESTLE
SA
9.4. PURATOS
GROUP
9.5. OLAM
INTERNATIONAL LIMITED
9.6. GUAN
CHONG BERHAD
9.7. BARRY
CALLEBAUT AG
9.8. NATRA
SA
9.9. BLOMMER
CHOCOLATE COMPANY
9.10. THE
HERSHEY COMPANY
9.11. MONDELEZ
INTERNATIONAL
9.12. FERRERO
GROUP
9.13. LINDT AND
SPRÜNGLI AG
9.14. ARCHER
DANIELS MIDLAND
9.15. TOUTON
SA
10. RESEARCH
METHODOLOGY & SCOPE
10.1. RESEARCH
SCOPE & DELIVERABLES
10.2. SOURCES
OF DATA
10.3. RESEARCH
METHODOLOGY
TABLE 1: MIDDLE EAST AND
AFRICA COCOA MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LIST OF ACQUISITIONS
TABLE 4: LIST OF PRODUCT DEVELOPMENTS
TABLE 5: LIST OF CONTRACTS
& AGREEMENTS
TABLE 6: LIST OF INVESTMENT
& EXPANSIONS
TABLE 7: THE TOP 10 COCOA
PRODUCING COUNTRIES IN 2021
TABLE 8: MIDDLE EAST AND
AFRICA COCOA MARKET, BY PROCESS, 2021-2028 (IN $ MILLION)
TABLE 9: MIDDLE EAST AND AFRICA
COCOA MARKET, BY QUALITY, 2021-2028 (IN $ MILLION)
TABLE 10: MIDDLE EAST AND
AFRICA COCOA MARKET, BY PRODUCT, 2021-2028 (IN $ MILLION)
TABLE 11: MIDDLE EAST AND
AFRICA COCOA MARKET, BY TYPE, 2021-2028 (IN $ MILLION)
TABLE 12: MIDDLE EAST AND
AFRICA COCOA MARKET, BY END-USER, 2021-2028 (IN $ MILLION)
TABLE 13: MIDDLE EAST AND
AFRICA COCOA MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: MIDDLE EAST AND
AFRICA COCOA MARKET, BY PROCESS, 2020 & 2028 (IN %)
FIGURE 3: MIDDLE EAST AND
AFRICA COCOA MARKET, BY DUTCH PROCESS, 2021-2028 (IN $ MILLION)
FIGURE 4: MIDDLE EAST AND
AFRICA COCOA MARKET, BY NATURAL PROCESS, 2021-2028 (IN $ MILLION)
FIGURE 5: MIDDLE EAST AND
AFRICA COCOA MARKET, BY QUALITY, 2020 & 2028 (IN %)
FIGURE 6: MIDDLE EAST AND
AFRICA COCOA MARKET, BY BULK, 2021-2028 (IN $ MILLION)
FIGURE 7: MIDDLE EAST AND
AFRICA COCOA MARKET, BY SPECIALTY, 2021-2028 (IN $ MILLION)
FIGURE 8: MIDDLE EAST AND
AFRICA COCOA MARKET, BY FINE FLAVOR, 2021-2028 (IN $ MILLION)
FIGURE 9: MIDDLE EAST AND
AFRICA COCOA MARKET, BY PRODUCT, 2020 & 2028 (IN %)
FIGURE 10: MIDDLE EAST AND
AFRICA COCOA MARKET, BY COCOA LIQUOR, 2021-2028 (IN $ MILLION)
FIGURE 11: MIDDLE EAST AND
AFRICA COCOA MARKET, BY COCOA POWDER, 2021-2028 (IN $ MILLION)
FIGURE 12: MIDDLE EAST AND
AFRICA COCOA MARKET, BY COCOA BUTTER, 2021-2028 (IN $ MILLION)
FIGURE 13: MIDDLE EAST AND
AFRICA COCOA MARKET, BY TYPE, 2020 & 2028 (IN %)
FIGURE 14: MIDDLE EAST AND
AFRICA COCOA MARKET, BY CONVENTIONAL, 2021-2028 (IN $ MILLION)
FIGURE 15: MIDDLE EAST AND
AFRICA COCOA MARKET, BY ORGANIC, 2021-2028 (IN $ MILLION)
FIGURE 16: MIDDLE EAST AND
AFRICA COCOA MARKET, BY END-USER, 2020 & 2028 (IN %)
FIGURE 17: MIDDLE EAST AND AFRICA
COCOA MARKET, BY CONFECTIONERY, 2021-2028 (IN $ MILLION)
FIGURE 18: MIDDLE EAST AND
AFRICA COCOA MARKET, BY FOOD & BEVERAGES, 2021-2028 (IN $ MILLION)
FIGURE 19: MIDDLE EAST AND
AFRICA COCOA MARKET, BY BAKERY, 2021-2028 (IN $ MILLION)
FIGURE 20: MIDDLE EAST AND
AFRICA COCOA MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)
FIGURE 21: MIDDLE EAST AND
AFRICA COCOA MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 22: UNITED ARAB
EMIRATES COCOA MARKET 2021-2028 (IN $ MILLION)
FIGURE 23: SAUDI ARABIA COCOA
MARKET 2021-2028 (IN $ MILLION)
FIGURE 24: TURKEY COCOA MARKET
2021-2028 (IN $ MILLION)
FIGURE 25: SOUTH AFRICA COCOA
MARKET 2021-2028 (IN $ MILLION)
FIGURE 26: REST OF MIDDLE EAST
& AFRICA COCOA MARKET 2021-2028 (IN $ MILLION)