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The Malaysia food retail sector is rapidly developing, and high-end/premium grocery stores are increasingly popular.
Biodiesel production in 2019 is expected to increase by roughly 36 percent (compared to the previous year) to 1.69 billion liters due to increases in domestic use and exports.
Boosted by solid economic performance, and robust domestic demand, Malaysia’s retail sector is forecast to grow six percent annually.
Boosted by solid economic performance, and robust domestic demand, Malaysia’s retail sector is forecast to grow six percent annually.
U.S. agricultural exports to Southeast Asia have experienced extremely rapid growth in recent years and, in FY 2014, they climbed to a record $11.5 billion – up 11 percent from FY 2013.
The overall food processing sector is growing at about 5 percent per year, with dairy, bakery, and processed fish products among the leading sectors.
With per capita income of over $10,500 and a middle and upper class making up 61 percent of the population, Malaysia shows good potential for growth as a market for high value consumer products.