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- (-) Processed Food Products
- (-) November 2017
- (-) Malaysia
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With per capita income of over $9,120 and a middle and upper class making up 50 percent of the population, Malaysia shows good potential for growth as a market for high value consumer products.
Malaysia has a dynamic hotel and restaurant industry. Changing lifestyles and growing middle class underpin demand.
Malaysia’s retail sector is forecast to grow at 3 percent due to cautious consumer spending, increased subsidy rationalization and effects from the introduction of a goods and services tax....
The overall food processing sector is growing 3 percent per year, with dairy, bakery, and processed fish products leading.