Food And Beverage Industry In Malaysia Overview 2019
Bmcc sector report 2018 2019.
Food and beverage industry in malaysia overview 2019. The government s continuous efforts to increase food production and liberalise trade have meant that most malaysians today have access to a wide selection of local and import ed f b products. Many large f b players use malaysia as a production hub for export notably to the other asean and muslim markets. This report features 5 companies including dutch lady milk industries bhd heineken malaysia bhd ql resources bhd nestle m bhd fraser neave holdings bhd. The malaysian food and beverage f b sector reflects its diverse multi cultural population.
The ecommerce market segment food beverages contains the online sale of fresh and packaged foods. Revenue in the food beverages segment is projected to reach us 84m in 2020. Natural and healthy produce showcase will be an ideal platform for companies serving the food and beverage industry and is constantly finding innovative. Food beverage mifb will work in line to grow malaysia s trade by bringing in f b providers industrial experts innovators to offer a plethora of products and services under one roof.
Malaysia has a growing domestic f b market driven by a growing population and rising income. Performance and developments on a quarterly basis covering top line consumption volumes for q2 2020 vs q2 2019 moving annual totals mat. Malaysia food beverage reports. There were 167 490 food and beverage establishments in 2015 representing an annual growth rate of 5 1 since 2010 census results by the department of statistics malaysia showed.
This report provides a complete and detailed analysis of the food and beverage sector for malaysia. Competition in the f b sector is aggressive with frequent product launches and aggressive marketing and promotional campaigns. The market research company bmi research estimated the malaysian f b market in 2017 including food sales alcoholic drinks spending and non alcoholic drinks sales at myr 173 63bn representing a 9 71 growth from 2016. Food trends 2019 the panel was led by fonterra brands malaysia s new product development scientific and regulatory affairs director megawati suzari who was joined by kantar worldpanel s regional account director karen leong and le cordon bleu trained chef james won who is the owner of enfin an award winning french restaurant in kuala lumpur.