Pro
Food & Beverage
Australia & New Zealand Dried Fruits MARKET By Application
| Label | USD Million |
|---|---|
| 2018 | 3641.09112447367 USD Million |
| 2019 | 4005.20023692106 USD Million |
| 2020 | 3942.54749587882 USD Million |
| 2021 | 4059.21940742596 USD Million |
| 2022 | 4395.44665896565 USD Million |
| 2023 | 4768.35407368059 USD Million |
| 2024 | 5192.05764433667 USD Million |
| 2025 | 5669.05638469094 USD Million |
| 2026 | 6212.65524170616 USD Million |
| 2027 | 6827.10060823458 USD Million |
| 2028 | 7497.70522926169 USD Million |
| 2029 | 8249.19341403004 USD Million |
| 2030 | 9092.51941513611 USD Million |
| 2031 | 10040.2651301085 USD Million |
| 2032 | 11106.9007476009 USD Million |
Data Source: Wantstats Repository
Market Dynamics
The demand of GCC premium chocolate market is expected to grow at a CAGR of 3.3%, from 2018 to 2032. This growth is primarily attributed to the rising disposable incomes and changing lifestyles. The demand for ready-made premium chocolate is increasing as people are becoming increasingly health conscious and prefer to consume organic and natural ingredients. Similarly, the increasing availability of high-end stores, which sell a wide range of chocolates, has also enhanced the demand for premium chocolates. In the recent past, the UAE has accounted for the highest demand for premium chocolates in the GCC region. This can be attributed to the heavy influence of western culture, wherein people prefer to consume items that are imported from other countries. Additionally, consumer preferences are changing towards premium chocolate, as they have become more health conscious. Similarly, the rise in tourism in the UAE also contributes to the rise in demand for chocolates, as it caters to the taste of tourists from overseas countries. In terms of product type, dark chocolate is expected to lead the GCC premium chocolate market, as it is typically associated with health benefits such as preventing cardiovascular diseases and diabetes.
Furthermore, the growing demand for dark chocolate in the region is attributed to its availability in a variety of flavors, including dark sweet chocolate, dark bitter chocolate, and dark unsweetened chocolate. Similarly, consumers today prefer to consume and purchase dark chocolates, due to its antioxidant benefits and high cocoa mass content. Moreover, the rise in e-commerce in the region is driving the premium chocolate market. Consumers are able to purchase premium chocolates from the comfort of their homes, which is enhancing the demand for chocolates. Similarly, e-commerce platforms offer discounted prices and a range of payment options for consumers, which are driving consumers towards online purchases. Overall, it can be concluded that the demand for premium chocolates is expected to experience steady growth in the GCC region. This growth can be attributed to the rising demand from countries such as the UAE, due to the presence of foreign tourists, and the increased availability of products in the region, as well as the availability of online platforms.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
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Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.