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According to the Department of Statistics, Malaysia’s food and beverage sales contributed 11.8 percent ($1.7 billion) to total wholesale sales value of $14 billion for January-April 2022, with a growth of 11.5 percent over the same period last year. The country’s food retailers continue to rapidly develop, and premium grocery stores and convenience outlets are increasingly popular.

Post is adjusting its marketing year (MY) 2019/20 crude palm oil (CPO) production estimate down 200,000 metric tons (MT) to 19.5 million MT.

The Malaysia food retail sector continues to rapidly develop, and premium grocery stores and convenience outlets are increasingly popular.