The market is dominated by foreign suppliers, as imports account for 56.6% of total market size in 2022. Households drive market demand, with household spending representing 94.1% of total demand in 2022. Saudi Arabia has the largest market size for chocolate and sugar confectionery regionally, with demand reaching USD2.2 billion in 2022. Mars GCC is the largest company in Saudi Arabia, generating 16.7% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 33.4% of total production value in 2022. The total number of companies decreases in 2022, to 1,590 units. The costs of the industry increase by 10.1% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 22.6% of production value in 2022, the 10th highest regionally. The industry’s exports share increases in 2022 to 10.8% of total production output. With production value of USD827 million, Saudi Arabia accounts for 16.7% of the Middle East and North Africa total in 2022.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
This Euromonitor industrial report provides unique information on Chocolate and Sugar Confectionery in Saudi Arabia: ISIC 1543. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Chocolate and Sugar Confectionery in Saudi Arabia: ISIC 1543 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
See All of Our DefinitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!