Chocolake

What Chocolake does

Chocolake (legal name: Chocolate Lake Co.) is a privately held premium chocolate manufacturer founded in 2016 and headquartered in Amman, Jordan, with 800+ employees. The company produces chocolate products, fillings, coatings, sauces, and confectionery for two principal customer groups: B2B clients in the food industry — restaurants, cafes, bakeries, and hotels — that require chocolate ingredients and private-label or tailor-made solutions, and wholesale distributors operating across the Arab and Gulf regions. The company also operates a direct-to-consumer channel through its flagship Chocolake Boutique in Abdoun, Amman, and claims the largest market share in the Arab and Gulf regions for its product categories. Exports reach 51+ countries.

The product portfolio spans 750+ SKUs across 15+ product lines, including Filling Series, Creamy Filling Spreads, Sauce Chocolate, Pump Sauce Chocolate, Block Coating, Callets & Chips, Decoration Selection, Sticks Chocolate, Lake Twist, Dragee Chocolate, Dubai Style and Gourmet Chocolate sub-brands, and the newly launched Frozen or Chilled line. Manufacturing is anchored at the main factory in Al Muqabalein, Amman, and is certified to ISO 9001, ISO 22000, HACCP, and HALAL standards. The company references proprietary "Chocolake technology" in its production processes but does not disclose technical specifics.

Chocolake generates revenue through one-time sales across B2B manufacturing contracts (including private-label and tailor-made products), wholesale distribution in Arab and Gulf markets, and direct retail sales at its boutique. Its go-to-market combines event-driven demand generation — sponsorship and exhibition presence at Gulfood Dubai, Anuga Cologne, SIAL Paris, IFE London, ISM Cologne, Sweets & Snacks Expo Las Vegas, and other global food shows — with channel partnerships (notably Lulu Hypermarket across the GCC) and direct export sales. The company is founder-led, with Ahmad Khader serving as CEO & Founder. In July 2026, a 3% equity stake held by Al Babtain Food was contracted for sale to Indulgent Food International Holding Company Ltd at an implied total equity valuation of $171 million, with an earn-out tied to adjusted EBITDA in fiscal years 2027 and 2028.

Name

Chocolake

Legal name

Chocolate Lake Co.

Website

https://chocolake.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Chocolake is a Jordan-based premium chocolate manufacturer producing 750+ products including fillings, coatings, sauces, and confectionery for food-industry, wholesale, and retail customers across 51+ countries, holding the largest market share in the Arab and Gulf regions.

Ownership category

akta.pro rank

Product category

Chocolate Manufacturing

NAICS

Chocolate and Confectionery Manufacturing (31135), Confectionery Merchant Wholesalers (42445)

SIC

Food And Kindred Products (2000), Wholesale-Groceries & Related Products (5140)

akta.pro primary industry

Chocolate & Chocolate Confectionery (CRADABAA)

akta.pro secondary industries

Chocolate, Sweet Spreads & Syrups Manufacturing (AFAKADAK), Chocolate & Candy Snacks Manufacturing (AFAKAIAM), Bakery & Confectionery Wholesale (AFAIABAG)

Keywords

• Chocolate manufacturing
• Confectionery products
• Industrial chocolate
• Chocolate fillings coatings
• Gourmet chocolates

Headquarters

HQ city

Amman

HQ country

Jordan

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. B2B Chocolate Manufacturing: Manufacturing and selling chocolate products, fillings, decorations, sauces, and confectionery to food industry businesses including restaurants, cafes, bakeries, and hotels. Also provides private labeling and tailor-made products.
2. B2C Retail Sales: Direct retail sales of premium chocolates and confectionery through Chocolake Boutique in Abdoun, Amman, and potentially through online store.
3. Wholesale Distribution: Wholesale distribution of chocolate products across Arab and Gulf regions, serving various sectors of the food industry.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

Chocolake is a Jordan-based chocolate manufacturer that produces a wide range of chocolate products for the food industry and retail consumers, including chocolate fillings, coatings, sauces, spreads, decorations, dragees, callets, sticks, and gourmet chocolates. The company supplies B2B clients with industrial chocolate ingredients and operates its own retail boutique for B2C sales, exporting its products to more than 51 countries with the largest market share in the Arab and Gulf regions.

Product overview

Chocolake is a premium chocolate manufacturing company established in 2016 in Amman, Jordan, offering over 750 products across 15+ product lines including Filling Series, Creamy Filling Spreads, Sauce Chocolate, Pump Sauce Chocolate, Sugar Paste, Dazily Dragee, Block Coating, Callets & Chips, Decoration Selection, Sticks Chocolate, Lake Twist, Dubai Style, Dragee Chocolate, Gourmet Chocolate, and Frozen or Chilled. The portfolio serves both food industry (restaurants, cafes, bakeries, hotels) and wholesale sectors, holding the largest market share in the Arab and Gulf regions. The company operates a retail boutique in Abdoun, Amman, and distributes through Lulu Hypermarket across GCC markets.

Differentiator

Problem solved

Functional benefit

Brands

• ChocoLake Boutique: Luxury chocolate boutique located in Abdoun, Amman offering premium chocolates and exclusive creations
• Frozen or Chilled

Products and services

• Industrial Chocolate Fillings Chocolate fillings produced in bulk for food industry manufacturers and bakeries.
• Chocolate Coatings Chocolate coatings supplied for industrial confectionery and bakery applications.
• Chocolate Sauces Liquid chocolate sauces for foodservice and industrial applications.
• Chocolate Spreads Chocolate spreads for retail and foodservice customers.
• Chocolate Decorations Decorative chocolate pieces for bakery and confectionery industry customers.
• Dragees Chocolate-coated dragee products supplied for confectionery applications.
• Chocolate Callets Chocolate callets (discs/buttons) for professional chocolatiers and bakeries.
• Chocolate Sticks Chocolate sticks produced for retail and foodservice channels.
• Gourmet Chocolates Premium gourmet chocolate assortment marketed under the Chocolake brand for retail consumers.
• Frozen or Chilled Chocolate Line New chilled and frozen chocolate product line launched in partnership with Lulu Hypermarket for GCC retail distribution.

Quantifiable outcome

• Largest share in Arab and Gulf regions for chocolate products
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Lulu Group (Lulu Hypermarket)coreChannel Partner/ Reseller/ Distributor · 1 January 2026Chocolake launched its Frozen or Chilled product line in partnership with Lulu Hypermarket across all GCC markets. The launch was unveiled during Gulfood 2026 with the presence of CEO Ahmad Khader and Lulu Group owner Yusuff Ali. The partnership leverages Lulu's robust retail network across GCC countries to ensure product accessibility and visibility.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Nestlé: Global CPG leader with deep confectionery presence in the Gulf (KitKat, Smarties, Nestlé brand). Competes in similar MENA retail aisles and B2B ingredients channels, with much greater brand and R&D resources.
• Mars, Incorporated: Global confectionery manufacturer (Galaxy, Snickers, M&M's) with strong Gulf retail presence. Comparable as a chocolate and confectionery competitor targeting similar MENA consumer segments and foodservice accounts.
• Barry Callebaut: World's largest industrial chocolate manufacturer serving B2B confectionery and bakery customers globally. Comparable as a chocolate ingredient supplier with similar customer profiles (industrial, foodservice) but vastly larger scale and broader product portfolio.
• Mondelez International: Global confectionery CPG giant (Cadbury, Toblerone, Milka). Operates in the same chocolate confectionery category Chocolake competes in via retail and B2B channels, but at vastly larger scale with established distribution across MENA markets.
• Cargill Cocoa & Chocolate: Global cocoa processor and industrial chocolate supplier providing fillings, coatings, and compound chocolate to manufacturers. Comparable B2B model and customer base to Chocolake, with far greater scale and integrated cocoa sourcing.

Regional players

• Bateel: Saudi Arabia-based premium dates and gourmet confectionery brand with boutique retail across the Gulf. Comparable as a premium regional food brand competing for the same Arab/Gulf consumer gifting and luxury food occasions.
• Al Nassma Chocolate: UAE-based premium chocolate manufacturer specializing in camel milk chocolate with retail and hospitality distribution across the Gulf. Comparable as a Gulf-region chocolate brand competing for the same premium hospitality and tourist channels.

Direct peers

• ICAM: Italian industrial chocolate manufacturer producing premium chocolate and ingredients for confectionery, bakery, and ice cream customers. Comparable product mix (coatings, callets, specialty chocolates) and private-label capability targeting export markets.
• Patchi: Lebanon-founded premium chocolate brand with a strong MENA retail boutique network and gifting focus. Highly comparable to Chocolake on premium positioning, regional brand strength, and B2C/boutique-led GTM within the same Arab consumer markets.
• Puratos: Belgian B2B manufacturer of chocolate, bakery, and patisserie ingredients serving bakeries, hotels, and foodservice. Closely mirrors Chocolake's B2B model supplying fillings, coatings, sauces, and decorations to food industry customers worldwide.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/@chocolakeboutique
• LinkedInlinkedin.com/company/chocolakeco
• Instagraminstagram.com/chocolakeboutique

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Chocolake