The UAE’s chocolate business is demonstrating resilience via product innovation, premiumization, and changing consumer tastes, notably a rising hunger for confections with a local flair, while global cocoa prices continue to fluctuate after reaching historic highs in 2024.
The UAE chocolate market, valued at an expected USD 736 million in 2024, is anticipated to expand gradually despite supply chain disruptions. Between March 2024 and January 2025, cocoa prices increased by about 93%, reaching a record of more than USD 12,500 per metric tonne in late 2024. Poor harvests in West Africa have caused these spikes, forcing manufacturers to adjust their pricing policies and explore alternative sources.
The widespread success of “Dubai chocolate,” a chocolate bar made by a Dubai-based chocolatier and laced with pistachios and tahini, is one of the most notable occurrences of early 2025. The product, which combines Middle Eastern tastes with superior quality, has captured the attention of customers worldwide, resulting in long lineups in the United Arab Emirates and limited purchases at foreign stores.
This pattern is indicative of a larger consumer trend towards chocolate products that are experience-driven and culturally relevant, especially among younger consumers looking for unusual, shareable sweets and in the luxury gifting market.
Also Read:
PTSA’s Holistic Approach In Shaping The Future Of Football: Mohamad Adlouni
