Study Period | 2018 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Market Size (2025) | USD 537.3 Million |
Market Size (2030) | USD 704.1 Million |
CAGR (2025 - 2030) | 5.56 % |
Market Concentration | Medium |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
UAE Chocolate Market Analysis
The UAE Chocolate Market size is estimated at 537.3 million USD in 2025, and is expected to reach 704.1 million USD by 2030, growing at a CAGR of 5.56% during the forecast period (2025-2030).
The UAE chocolate market is experiencing a significant transformation in its retail landscape, driven by evolving consumer preferences and technological advancements. Convenience stores have emerged as the backbone of retail chocolate distribution, with major players like Zoom and Circle K expanding their presence through extensive store networks. As of 2022, Zoom operated more than 220 stores, while Circle K maintained over 105 outlets across the UAE, creating an accessible and widespread retail infrastructure. This retail evolution has been complemented by the rising adoption of digital platforms, with the UAE recording 10.65 million social media users in January 2022, representing a significant portion of the population engaging with online retail platforms.
Consumer preferences in the UAE chocolate market are increasingly shifting towards premium chocolate and health-conscious options. The market has witnessed a growing demand for clean-label products, with 82.6% of the UAE population in 2022 preferring confections marked as clean-label and sustainable. This trend has prompted manufacturers to focus on product innovation and transparency in ingredient sourcing. The premium segment has seen particular growth, with dark chocolate commanding an average selling price of USD 5.64 in 2023, significantly higher than traditional chocolate varieties.
The market is witnessing a notable transformation in purchase patterns and consumption preferences across different chocolate variants. Recent consumer behavior analysis reveals that 43% of consumers preferred milk chocolate, while 17% opted for white chocolate in 2022, indicating a diverse taste preference in the market. This diversity in consumer choice has led manufacturers to expand their product portfolios and introduce innovative flavors and formats to cater to different consumer segments. The integration of traditional flavors with modern chocolate-making techniques has become a prominent trend, particularly in premium chocolate and artisanal chocolate segments.
The emergence of alternative retail channels has significantly impacted the market's distribution landscape. Vending machines have become an increasingly important point of sale, with 76% of consumers in the UAE using them at least once per week in 2022, and notably, 90% of these users purchasing chocolate bars or wafers. This trend has prompted manufacturers and retailers to explore innovative distribution methods and automated retail solutions. The market has also witnessed a surge in specialty chocolate stores and boutique outlets, offering unique and premium chocolate experiences to cater to the growing sophisticated consumer base in the UAE. The chocolate industry in the UAE is further characterized by the Dubai chocolate trend, which emphasizes artisanal and chocolate confectionery innovations, aligning with the chocolate trends in Dubai phenomenon.
UAE Chocolate Market Trends
Consumers in the United Arab Emirates are more inclined toward eating dark chocolate over milk chocolates, owing to its health benefits resulting in a predominant position of dark chocolates in the country
- In UAE, the chocolate market is majorly dominated by global brands as consumers are significantly preferring unique flavors and tastes in the chocolate confection segment.
- In the United Arab Emirates, under product attributes, consumers are significantly focusing on brand image.; Packaging is considered the second most important product attribute for confectionery products, which determines the likelihood of purchasing.
- Chocolate products in 2023 have been witnessing a hike in their sales. The sales growth is linked to the healthy eating habits of consumers.; Under the chocolate segment, dark chocolate has been gaining a significant volume of popularity during 2022 as consumers prefer milk and white chocolate.
- In the United Arab Emirates, the consumption of chocolate is generally viewed from a health perspective with a mix of opinions. Consumers in UAE follow that dark chocolate, which is rich in antioxidants and is claimed to help prevent cardiac diseases, is growing in popularity among health-aware people.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Manufacturers are incorporating Natural fruit extracts to expand the chocolate portfolio in the market
Segment Analysis: Confectionery Variant
Milk and White Chocolate Segment in UAE Chocolate Market
Milk and white chocolate represent the largest segment in the UAE chocolate market, accounting for approximately 51% of the total market value in 2024. The segment's dominance is primarily driven by innovative flavor offerings in white chocolate and the diverse taste preferences in the region. The widespread acceptance of milk chocolate and white chocolate across all age groups, coupled with their relatively lower price points compared to dark chocolate variants, has contributed to their market leadership. The segment has particularly benefited from the country's gifting culture, especially during festivals like Ramadan, Eid, and other social gatherings, where milk chocolate and white chocolate selections are preferred choices. Major airlines in the UAE have also played a significant role in boosting segment growth by collaborating with renowned chocolatiers to offer premium milk chocolate products to their passengers.

Dark Chocolate Segment in UAE Chocolate Market
The dark chocolate segment is projected to experience the fastest growth in the UAE chocolate market during 2024-2029, with an expected growth rate of approximately 6%. This accelerated growth is primarily driven by increasing health consciousness among UAE consumers, who are increasingly aware of dark chocolate's potential health benefits, including its antioxidant properties. The segment's growth is further supported by the rising demand for premium chocolate products, particularly among health-conscious consumers who are willing to pay premium prices for high-quality offerings. The expansion of specialty stores dedicated to dark chocolate, along with the introduction of innovative flavors and organic variants, has significantly contributed to the segment's growth trajectory. Major manufacturers are responding to this trend by launching new dark chocolate products with varying cocoa percentages and unique flavor combinations to cater to evolving consumer preferences.
Segment Analysis: Distribution Channel
Convenience Store Segment in UAE Chocolate Market
The convenience store segment dominates the UAE chocolate market, commanding approximately 41% of the total market share in 2024. This significant market position is attributed to the extensive network of convenience store operators across the country, providing easy access to both local and mainstream chocolate products. Major players like Zoom operate more than 220 stores, while Circle K maintains over 105 outlets across the UAE, creating a widespread distribution network. The strategic positioning of chocolate candy products at checkout counters in convenience stores encourages impulse buying behavior among consumers. These stores are particularly favored for their accessibility, quick service, and smaller store formats compared to mass grocery channels, making them ideal for quick purchases. The convenience store channel's success is further enhanced by their locations in high-traffic areas and their ability to maintain consistent product availability throughout operating hours.
Online Retail Store Segment in UAE Chocolate Market
The online retail segment is experiencing remarkable growth in the UAE chocolate market, projected to grow at approximately 6% during 2024-2029. This growth is primarily driven by the increasing penetration of smartphones and internet connectivity across the country, with over 10.65 million social website users recorded in the region. The development of online grocery delivery platforms has revolutionized retail chocolate purchasing patterns, offering services like store-to-door delivery, on-demand ordering, and click-and-collect options. The segment's growth is further supported by the evolution of digital payment systems and the increasing consumer preference for convenient shopping experiences. Online retailers are capitalizing on this trend by offering extensive product catalogs, competitive pricing, and personalized recommendations, making it easier for consumers to discover and purchase various chocolate products from the comfort of their homes.
Remaining Segments in Distribution Channel
The supermarket/hypermarket and other distribution channels continue to play vital roles in the UAE chocolate market. Supermarkets and hypermarkets maintain their significance through strategic product placement, dedicated confectionery sections, and the ability to offer a wide variety of chocolate products under one roof. These retailers design specific foot traffic patterns and implement various merchandising strategies to enhance chocolate sales. The 'Others' category, which includes specialty stores, warehouse clubs, drug stores/pharmacies, and vending machines, serves specific consumer needs through unique selling propositions. Vending machines, in particular, have gained prominence in high-traffic locations like malls, railway stations, and airports, while specialty stores cater to premium chocolate and artisanal chocolate preferences.
UAE Chocolate Industry Overview
Top Companies in UAE Chocolate Market
The UAE chocolate market is characterized by continuous product innovation and strategic expansion initiatives from major players. Chocolate manufacturers in the UAE are focusing on developing premium offerings with unique flavors, sustainable sourcing practices, and health-conscious formulations to meet evolving consumer preferences. Operational agility is demonstrated through robust distribution networks, particularly in convenience stores and supermarkets, while strategic partnerships with local retailers enhance market presence. Players are investing in manufacturing capabilities and expanding their retail footprint through specialty stores and branded outlets. Digital transformation initiatives, including e-commerce platforms and direct-to-consumer channels, are becoming increasingly important for market penetration. Companies are also emphasizing clean-label products, sustainable packaging solutions, and enhanced consumer experiences through innovative retail concepts and personalized offerings.
Global Leaders Dominate UAE Chocolate Market
The UAE chocolate market structure is dominated by well-established global confectionery conglomerates with extensive brand portfolios and sophisticated distribution networks. These multinational players leverage their international expertise, research capabilities, and economies of scale to maintain market leadership. Local UAE chocolate brands, while present, primarily operate in premium and specialty segments, focusing on artisanal chocolates and regional flavor preferences. The market demonstrates moderate consolidation, with major global brands controlling significant market share through their diverse product offerings and strong brand recognition.
The competitive landscape is shaped by strategic partnerships between international manufacturers and local distributors, enabling better market access and cultural alignment. Chocolate companies in the UAE are increasingly pursuing vertical integration strategies to control quality and costs throughout the supply chain. While mergers and acquisitions activity is limited, strategic collaborations and licensing agreements are common, particularly in premium segments. The market also sees continuous entry of international premium chocolate brands, especially in high-end retail locations and duty-free channels, contributing to market dynamism.
Innovation and Distribution Key to Growth
Success in the UAE chocolate market increasingly depends on companies' ability to innovate across product development, packaging, and distribution channels. Incumbents must focus on premiumization strategies, sustainable sourcing practices, and digital transformation initiatives to maintain their market position. Building strong relationships with retailers, particularly in convenience stores and supermarkets, remains crucial for market success. Companies need to invest in local chocolate manufacturing capabilities and develop products tailored to regional preferences while maintaining global quality standards.
For contenders looking to gain market share, differentiation through unique product offerings, innovative retail concepts, and strong digital presence is essential. Success factors include developing premium and health-conscious product lines, establishing efficient distribution networks, and creating engaging brand experiences. Companies must also consider potential regulatory changes regarding sugar content and packaging sustainability. The market shows limited substitution risk due to chocolate's cultural significance in gifting and celebrations, but players must continue to innovate to maintain consumer interest. Building strong relationships with institutional buyers, including airlines and hospitality sectors, offers additional growth opportunities. The chocolate processing techniques employed by leading chocolate manufacturers in the UAE ensure high-quality products that appeal to a diverse consumer base.
UAE Chocolate Market Leaders
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Berry Callebaut
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Ferrero International SA
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Mars Incorporated
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Nestlé SA
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The Hershey Company
- *Disclaimer: Major Players sorted in no particular order
UAE Chocolate Market News
- September 2022: Barry Callebaut launched its line of whole-fruit chocolates under the Cacao Barry brand in the United Arab Emirates. The product has less sugar than conventional dark chocolate and is made from pure cacao fruit.
- July 2022: Nestlé joined forces with Dubai Duty-Free and a new travel retail-exclusive line, Mackintosh’s Quality Street Oriental Selection. The 251 g Selection features four regional flavors: Rose Pistachio, Qamar El Din, Baklawa Pistachio, and Mohalabiya.
Free With This Report
We provide a comprehensive and exhaustive set of data pointers for global, regional, and country-level metrics that illustrate the fundamentals of the confectionery industry. With the help of 45+ free charts, clients can access in-depth market analysis based on price trend analysis of confectionery ingredients and per capita consumption of confections, through granular-level segmental information supported by a repository of market data, trends, and expert analysis. Data and analysis on confections, confectionery variants, sugar content, insights into consumer preferences and purchasing patterns, an overview of key market players, etc., are available in the form of comprehensive reports as well as excel-based data worksheets.
UAE Chocolate Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
- 4.1 Regulatory Framework
- 4.2 Consumer Buying Behavior
- 4.3 Ingredient Analysis
- 4.4 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
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5.1 Confectionery Variant
- 5.1.1 Dark Chocolate
- 5.1.2 Milk and White Chocolate
-
5.2 Distribution Channel
- 5.2.1 Convenience Store
- 5.2.2 Online Retail Store
- 5.2.3 Supermarket/Hypermarket
- 5.2.4 Others
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
-
6.4 Company Profiles
- 6.4.1 Berry Callebaut
- 6.4.2 Chocovana Chocolatier
- 6.4.3 Ferrero International SA
- 6.4.4 IFFCO
- 6.4.5 Kakaw Manufacturing Company LLC
- 6.4.6 Lee Chocolate LLC
- 6.4.7 Mars Incorporated
- 6.4.8 Nestlé SA
- 6.4.9 The Hershey Company
- 6.4.10 Yıldız Holding AS
- 6.4.11 Zokolat
- *List Not Exhaustive
7. KEY STRATEGIC QUESTIONS FOR CONFECTIONERY CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 2:
- VALUE OF CONFECTIONERY MARKET, USD, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 3:
- VOLUME OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, METRIC TONNES, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 4:
- VALUE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, USD, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 5:
- VOLUME SHARE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, %, UNITED ARAB EMIRATES, 2018 VS 2024 VS 2030
- Figure 6:
- VALUE SHARE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, %, UNITED ARAB EMIRATES, 2018 VS 2024 VS 2030
- Figure 7:
- VOLUME OF DARK CHOCOLATE MARKET, METRIC TONNES, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 8:
- VALUE OF DARK CHOCOLATE MARKET, USD, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 9:
- VALUE SHARE OF DARK CHOCOLATE MARKET BY DISTRIBUTION CHANNEL, %, UNITED ARAB EMIRATES, 2023 VS 2030
- Figure 10:
- VOLUME OF MILK AND WHITE CHOCOLATE MARKET, METRIC TONNES, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 11:
- VALUE OF MILK AND WHITE CHOCOLATE MARKET, USD, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 12:
- VALUE SHARE OF MILK AND WHITE CHOCOLATE MARKET BY DISTRIBUTION CHANNEL, %, UNITED ARAB EMIRATES, 2023 VS 2030
- Figure 13:
- VOLUME OF CHOCOLATE MARKET BY DISTRIBUTION CHANNEL, METRIC TONNES, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 14:
- VALUE OF CHOCOLATE MARKET BY DISTRIBUTION CHANNEL, USD, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 15:
- VOLUME SHARE OF CHOCOLATE MARKET BY DISTRIBUTION CHANNEL, %, UNITED ARAB EMIRATES, 2018 VS 2024 VS 2030
- Figure 16:
- VALUE SHARE OF CHOCOLATE MARKET BY DISTRIBUTION CHANNEL, %, UNITED ARAB EMIRATES, 2018 VS 2024 VS 2030
- Figure 17:
- VOLUME OF CONFECTIONERY MARKET SOLD VIA CONVENIENCE STORE, METRIC TONNES, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 18:
- VALUE OF CONFECTIONERY MARKET SOLD VIA CONVENIENCE STORE, USD, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 19:
- VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA CONVENIENCE STORE BY CONFECTIONERY VARIANTS, %, UNITED ARAB EMIRATES, 2023 VS 2030
- Figure 20:
- VOLUME OF CONFECTIONERY MARKET SOLD VIA ONLINE RETAIL STORE, METRIC TONNES, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 21:
- VALUE OF CONFECTIONERY MARKET SOLD VIA ONLINE RETAIL STORE, USD, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 22:
- VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA ONLINE RETAIL STORE BY CONFECTIONERY VARIANTS, %, UNITED ARAB EMIRATES, 2023 VS 2030
- Figure 23:
- VOLUME OF CONFECTIONERY MARKET SOLD VIA SUPERMARKET/HYPERMARKET, METRIC TONNES, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 24:
- VALUE OF CONFECTIONERY MARKET SOLD VIA SUPERMARKET/HYPERMARKET, USD, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 25:
- VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA SUPERMARKET/HYPERMARKET BY CONFECTIONERY VARIANTS, %, UNITED ARAB EMIRATES, 2023 VS 2030
- Figure 26:
- VOLUME OF CONFECTIONERY MARKET SOLD VIA OTHERS, METRIC TONNES, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 27:
- VALUE OF CONFECTIONERY MARKET SOLD VIA OTHERS, USD, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 28:
- VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA OTHERS BY CONFECTIONERY VARIANTS, %, UNITED ARAB EMIRATES, 2023 VS 2030
- Figure 29:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, UNITED ARAB EMIRATES, 2018 - 2023
- Figure 30:
- MOST ADOPTED STRATEGIES, COUNT, UNITED ARAB EMIRATES, 2018 - 2023
- Figure 31:
- VALUE SHARE OF MAJOR PLAYERS, %, UNITED ARAB EMIRATES
UAE Chocolate Industry Segmentation
Dark Chocolate, Milk and White Chocolate are covered as segments by Confectionery Variant. Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others are covered as segments by Distribution Channel.Confectionery Variant | Dark Chocolate |
Milk and White Chocolate | |
Distribution Channel | Convenience Store |
Online Retail Store | |
Supermarket/Hypermarket | |
Others |
Market Definition
- Milk and White Chocolate - Milk chocolates is a solid chocolate made with milk (in the form of either milk powder, liquid milk, or condensed milk) and cocoa solids. White chocolate is made from cocoa butter and milk and contains no cocoa solids whatsoever. The scope includes regular chocolates, low-sugar, and sugar-free variants
- Toffees & Nougats - Toffees include hard, chewy, and small or one-bite candies marketed with labels as toffee or toffee-like confectionery. Nougat is a chewy confection with almond, sugar, and egg white as a basic ingredient; and it originated in Europe and Middle East countries.
- Cereals Bars - A snack composed of breakfast cereal that has been compressed into a bar shape and is held together with a form of edible adhesive. The scope includes snack bars made with cereals such as rice, oats, corn, etc. mixed with a binding syrup. These also include products labeled as cereal bars, cereal treat bars, or grain bars.
- Chewing Gum - This is a preparation for chewing, usually made of flavored and sweetened chicle or such substitutes as polyvinyl acetate. The types of chewing gums included in the scope are sugar-chewing gums and sugar-free chewing gums
Keyword | Definition |
---|---|
Dark Chocolate | Dark chocolate is a form of chocolate containing cocoa solids and cocoa butter without the milk. |
White Chocolate | White chocolate is the type of chocolate containing the highest percentage of milk solids, typically around or over 30 percent. |
Milk Chocolate | Milk chocolate is made from dark chocolate that has a low cocoa solid content and higher sugar content, plus a milk product. |
Hard Candy | A candy made of sugar and corn syrup boiled without crystallizing. |
Toffees | A hard, chewy, often brown sweet that is made from sugar boiled with butter. |
Nougats | A chewy or brittle candy containing almonds or other nuts and sometimes fruit. |
Cereal bar | A cereal bar is a bar-shaped food product, made by pressing cereals and usually dried fruit or berries, which are in most cases held together by glucose syrup. |
Protein bar | Protein bars are nutrition bars that contain a high proportion of protein to carbohydrates/fats. |
Fruit & Nut bar | These are often based on dates with other dried fruit and nut additions and, in some cases, flavorings. |
NCA | The National Confectioners Association is an American trade organization that promotes chocolate, candy, gum and mints, and the companies that make these treats. |
CGMP | Current good manufacturing practices are those conforming to the guidelines recommended by relevant agencies. |
Unstandardized foods | Unstandardized foods are those that do not have a standard of identity or that deviate from a prescribed standard in any manner. |
GI | The glycemic index (GI) is a way of ranking carbohydrate-containing foods based on how slowly or quickly they are digested and increase blood glucose levels over a period of time |
Skimmed milk powder | Skimmed milk powder is obtained by removing water from pasteurized skim milk by spray-drying. |
Flavanols | Flavanols are a group of compounds found in cocoa, tea, apples, and many other plant-based foods and beverages. |
WPC | Whey protein concentrate- the substance obtained by the removal of sufficient nonprotein constituents from pasteurized whey so that the finished dry product contains greater than 25% protein. |
LDL | Low density Lipoprotein- the bad cholesterol |
HDL | High density Lipoprotein- the good cholesterol |
BHT | butylated Hydroxytoluene is a lab-made chemical that is added to foods as a preservative. |
Carrageenan | Carrageenan is an additive used to thicken, emulsify, and preserve foods and drinks. |
Free form | Not containing certain ingredients, such as gluten, dairy, or sugar. |
Cocoa butter | It is a fatty substance obtained from cocoa beans, used in the manufacture of confectionery. |
Pastellies | A type of of Brazilian candy made from sugar, eggs, and milk. |
Draggees | Small, round candies that are coated with a hard sugar shell |
CHOPRABISCO | Royal Belgian Association of the chocolate, pralines, biscuit, and confectionery industry- A trade association that represents the Belgian chocolate industry. |
European Directive 2000/13 | A European Union directive that regulates the labeling of food products |
Kakao-Verordnung | The German chocolate ordinance, a set of regulations that define what can be labeled as "chocolate" in Germany. |
FASFC | Federal Agency for the Safety of the Food Chain |
Pectin | A natural substance that is derived from fruits and vegetables. It is used in confectionery to create a gel-like texture. |
Invert sugars | A type of sugar that is made up of glucose and fructose. |
Emulsifier | A substance that helps to mix to liquids that does not mix together. |
Anthocyanins | A type of flavonoid that is responsible for the red, purple, and blue colors of confectionery. |
Functional Foods | Foods that have been modified to provide additional health benefits beyond basic nutrition. |
Kosher certificate | This certification verifies that the ingredients, production process including all machinery, and/or food-service process complies with the standards of Jewish dietary law |
Chicory root extract | A natural extract from the chicory root that is a good source of fiber, calcium, phosphorous, and folate |
RDD | Recommended daily dose |
Gummies | A chewy gelatin-based candy that is often flavored with fruit. |
Nutraceuticals | Food or dietary supplements that are claimed to have health benefits. |
Energy bars | Snack bars that are high in carbohydrates and calories are designed to provide energy on the go. |
BFSO | Belgian Food Safety Organization for the food chain. |
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set, and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms