Food And Beverage Industry In Malaysia

Consumer trends in malaysia s food and beverage industry posted on 28 april 2019 by charmaine pua malaysia has the highest prevalence of obese and overweight people in asean according to a recent economic intelligence unit report.

Food and beverage industry in malaysia. Malaysia s food service industry is highly diverse with malay indian chinese and western options all widely available. Considering the overall growth of the sector the future of malaysia s f b sector is promising. According to statista revenue in the f b segment in malaysia for 2017 amounts to us 24 million rm102 42 million. Food service industry quick takeaways robust tourism and a growing middle class strongly influence the country s hri industry.

Malaysia food beverage reports. Our 2020 malaysia report include trends statistics opportunities sales data market share segmentation projections on the food beverage market. The malaysian food and beverage f b sector reflects its diverse multi cultural population. 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.

Natural and healthy produce showcase will be an ideal platform for companies serving the food and beverage industry and is constantly finding innovative. 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. These positive results are attracting attention from foreign businesses abroad and now the fab sector has become a primary area for investment by the government in malaysia. Over 100 food beverage companies in malaysia including kuala lumpur raub george town kuching johor bahru and more.

The food and beverage industry is seeing an average annual increase of 7 6 and reflects an enhancement in private consumption and lifestyle. Revenue in the food beverages segment is projected to reach us 84m in 2020. 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. The ecommerce market segment food beverages contains the online sale of fresh and packaged foods.

Depending on the imported product.