Middle East & Africa Cocoa Products Market to 2032

Overview

The Middle East & Africa Cocoa Products Market is expected to reach a 957.78 USD Billion by 2032 and is projected to grow at a CAGR of 4.28% from 2025 to 2032.

Revenue, 2024 (USD Billion)

736.39

Forecast, 2032 (USD Billion)

957.78

CAGR, 2024 - 2032

4.28%

Report Coverage

Middle East & Africa

Middle East & Africa Cocoa Products Market 2018-2032 USD Billion

Middle East & Africa Cocoa Products Market , Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 736.39 USD Billion
Projected Market Size (2032): 957.78 USD Billion
CAGR (2025-2032): 4.28%

Key Findings of Middle East & Africa Cocoa Products Market

The Middle East & Africa Cocoa Products Market was valued at 736.39 USD Billion in 2024.
The Middle East & Africa Cocoa Products Market is likely to grow at a CAGR of 4.28% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Food & Beverages in Application Segment accounted for the largest share of the market with a revenue of 1,223.59 USD Billion
The fastest growing segment Organic in Source Segment grew Fastest with a CAGR of 5.95% during the forecast period from 2024 to 2032.

Middle East & Africa Cocoa Products Market Scope

Middle East & Africa Cocoa Products Market Segmentation & Scope

Application

Others
Dietary Supplements
Personal Care & Cosmetics
Food & Beverages

Distribution Channel

Indirect
Direct

Source

Organic
Inorganic

Product Type

Others
Cocoa Nibs
Cocoa Liquor & Paste
Cocoa Powder & Cake
Cocoa Butter
Cocoa Beans

Type of Cocoa

Criollo Cocoa
Trinitario Cocoa
Forastero Cocoa

Middle East & Africa Cocoa Products Market Data Coverage Insights

Study Period	2024-2032
Base Year	2022
Unit	Revenue in USD Billion
Market Value in 2024	736.39 USD Billion
Market Value in 2032	957.78 USD Billion
CAGR (2025-2032)	4.28%
Historic Data	2016-2023
Market Segments Covered	Application,Distribution Channel,Source,Product Type,Type of Cocoa

Regional Insights:

Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 736.39 USD Billion in 2024
- Key Country: South Africa, leading in terms of revenue with value of 282.88 USD Billion in 2024.

Segments and Scope

Middle East & Africa Cocoa Products Market to 2032, By Application
- Food & Beverages is the largest segment in Middle East & Africa Cocoa Products Market to 2032 with a revenue of 1,223.59 USD Billion in the year 2024.
- Food & Beverages is the Fastest growing segment in Middle East & Africa Cocoa Products Market to 2032 with a Growth rate of 4.85 % in forecast period 2025-2032.
Middle East & Africa Cocoa Products Market to 2032, By Distribution Channel
- Direct is the largest segment in Middle East & Africa Cocoa Products Market to 2032 with a revenue of 503.75 USD Billion in the year 2024.
- Indirect is the Fastest growing segment in Middle East & Africa Cocoa Products Market to 2032 with a Growth rate of 3.82 % in forecast period 2025-2032.
Middle East & Africa Cocoa Products Market to 2032, By Source
- Inorganic is the largest segment in Middle East & Africa Cocoa Products Market to 2032 with a revenue of 503.93 USD Billion in the year 2024.
- Organic is the Fastest growing segment in Middle East & Africa Cocoa Products Market to 2032 with a Growth rate of 3.52 % in forecast period 2025-2032.
Middle East & Africa Cocoa Products Market to 2032, By Product Type
- Cocoa Beans is the largest segment in Middle East & Africa Cocoa Products Market to 2032 with a revenue of 284.41 USD Billion in the year 2024.
- Cocoa Butter is the Fastest growing segment in Middle East & Africa Cocoa Products Market to 2032 with a Growth rate of 4.42 % in forecast period 2025-2032.
Middle East & Africa Cocoa Products Market to 2032, By Type of Cocoa
- Forastero Cocoa is the largest segment in Middle East & Africa Cocoa Products Market to 2032 with a revenue of 639.28 USD Billion in the year 2024.
- Forastero Cocoa is the Fastest growing segment in Middle East & Africa Cocoa Products Market to 2032 with a Growth rate of 4.50 % in forecast period 2025-2032.

Middle East & Africa Cocoa Products Market Company Share Analysis

Middle East & Africa Cocoa Products Market Geographical Sales Distribution, 2018-2032 USD Billion

Middle East & Africa Cocoa Products Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Middle East & Africa Cocoa Products Market ?

The Middle East & Africa Cocoa Products Market is segmented based on Segmentation Application,Distribution Channel,Source,Product Type,Type of Cocoa.

What is the current market size of the Middle East & Africa Cocoa Products Market ?

Middle East & Africa Cocoa Products Market was valued at USD 736.39(Revenue in USD Billion) in 2022.

What is the expected growth rate of the Middle East & Africa Cocoa Products Market ?

Middle East & Africa Cocoa Products Market is projected to grow at a CAGR of 4.28% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Middle East & Africa Cocoa Products Market ?

The Food & Beverages segment is expected to dominate the Middle East & Africa Cocoa Products Market , holding a largest market share of 1,223.59 USD Billion in 2024