Saudi Chocolate Sector to Reach USD 1.53 Billion by 2030
From high-end pralines to homegrown brands, Saudi Arabia’s chocolate industry is expanding fast - meeting half of national demand and outpacing regional spending averages.
The appetite for chocolate in Saudi Arabia is apparently insatiable, with 3,532 cocoa and chocolate businesses having officially registered across the country by the end of June 2025. Riyadh leads the pack with 1,490 active entities, followed by Makkah (909), the Eastern Province (416), Al-Qassim (213), and Madinah (149).
As of last year, more than 1,000 chocolate production facilities were operating across the Kingdom - 35% of them based in Riyadh - allowing domestic producers to cover around half of the country’s total chocolate consumption.
Saudi demand continues to rise. Imports reached 123 million kilograms in 2024, while per-capita chocolate spending hit USD 41 in 2023 - 10 times the Middle East average. Over two-thirds of consumers in the Kingdom say they’re willing to pay extra for premium chocolate, helping drive a steady uptick in the market.
The sector is expected to grow from USD 1.23 billion in 2025 to USD 1.53 billion by 2030, with a compound annual growth rate of 4.5%, according to market forecasts
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Jul 09, 2025 -
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