The revenue is forecast to experience significant growth in all segments in 2029. This reflects the overall trend throughout the entire forecast period from 2021 to 2029. It is estimated that the revenue is continuously rising in all segments. In this regard, the Food segment achieves the highest value of 80.6 billion U.S. dollars in 2029. Find other insights concerning similar markets and segments, such as a comparison of average price per unit (PPU) in the United Kingdom and a comparison of per capita sales volume in Belgium. The Statista Market Insights cover a broad range of additional markets.

The Malaysia Foodservice Market is segmented by Foodservice Type (Cafes & Bars, Cloud Kitchen, Full Service Restaurants, Quick Service Restaurants), by Outlet (Chained Outlets, Independent Outlets) and by Location (Leisure, Lodging, Retail, Standalone, Travel). Market Value in USD is presented. Key data points observed include the number of outlets for each foodservice channel; and, average order value in USD by foodservice channel.

In 2023, the food and beverage services industry in Malaysia grew by 7.7 percent compared to the previous year. In the past decade, the food and beverage services saw the highest growth in 2022, when the country lifted its COVID-19 restrictions.

The revenue change in the food market in Malaysia was forecast to decrease between 2024 and 2029 by in total 1.3 percentage points. This overall decrease does not happen continuously, notably not in 2026, 2028 and 2029. While the revenue change was increasing earlier, it deteriorated and the revenue change was forecast to reach 6.75 percent in 2029. Find further information concerning the revenue in the food market in Malaysia and the revenue change in the food market in Indonesia. The Statista Market Insights cover a broad range of additional markets.

In 2023, the revenue from the food and beverage services industry in Malaysia reached approximately 71 billion Malaysian ringgit. This was an increase of more than five billion Malaysian ringgit compared to the previous year.

The market for the halal food and beverage industry sector has experienced rapid growth in recent years, which indicate excellent investment opportunities. This paper examine the effect of Technical Efficiency (TE) on firm value in 5 selected influential countries in halal food and beverage sector based on Global Islamic Economy Report 2020. Two steps estimation was used to run the data, using the Stochastic Frontier Analysis (SFA) model to determine the company’s TE and panel data to test the effect of TE through firm value. The results show that Indonesia has the highest score for TE (62%), followed by Pakistan (59%), South Africa (57%), Malaysia (55%), and Singapore (52%), which means, in general, there is inefficiency in allocating resources over 38% up to 48% and needs to be improved by halal food and beverage companies in. Regarding panel data, all countries sample except Pakistan highlight that TE significantly affect company value. It indicates that the crucial part of managing efficiency can be a sign in stock market performance. The result shows that company managers should set efficiency strategies to their business process for creating sustainability and increase their value in the capital market. As for investors, this TE can be used as an indicator before choosing company stocks; if the company is efficient, then it is worthy of being one of the portfolio assets. Form the government side, the finding can help them to set appropriate policy setting to boost halal food and beverages industry such as giving subsidy or incentive to increase the efficiency ability of halal food and beverage companies and identify the industry’s strength by comparing the result of TE between 5 countries.

Malaysia and Thailand Thermoformed Plastic Market size was valued at USD 474.24 Million in 2024 and is projected to reach USD 651.03 Million by 2031, growing at a CAGR of 4.04% from 2024 to 2031.

Malaysia and Thailand Thermoformed Plastic Market Drivers

Rising Demand in Packaging Industry: The packaging industry in both Malaysia and Thailand is expanding due to increased consumerism and a growing e-commerce sector. Thermoformed plastics are widely used in packaging applications due to their lightweight, durability, and cost-effectiveness, driving demand in the region.

Growth in Food and Beverage Sector: The food and beverage industry in these countries is a major consumer of thermoformed plastics for packaging. The increasing preference for packaged and processed foods is boosting the demand for thermoformed plastic packaging, especially for convenience and ready-to-eat products.

Automotive Industry Expansion: The automotive sector in Malaysia and Thailand is growing, and thermoformed plastics are increasingly used for manufacturing various components, such as interior panels, dashboards, and other lightweight parts. The push for lightweight vehicles to improve fuel efficiency is further driving the demand for thermoformed plastics in this industry.

The Halal Food Market valued at USD 2,545.9 Billion in 2023, projected to reach USD 5,243 Billion by 2030, growing at a 9.6% CAGR during the forecast period 2025-30.

During the period between four weeks before until the end of Ramadan in Malaysia in 2020, food and beverage apps saw the highest increase in revenue during pre-Ramadan times. During Ramadan, Muslims around the world fast from sunrise to sunset according to their local time, among other things. Fasting is one of the five pillars of Islam.

The size and share of the market is categorized based on Application (Food & Beverage Industry, Vehicles Industry, Health and Medical Industry, Commercial and Personal Services, Consumer Goods, Others) and Product (Billboards, Street Furniture, Transit Displays, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

In 2023, there were around 833,000 people employed in the food and beverages services industry in Malaysia. This was an increase of around 10,000 employees compared to the previous year. The industry saw a decrease in the number of employed people during the COVID-19 pandemic restrictions in 2020 and 2021.

Malaysia Glycine Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2024 to 2031.

Malaysia Glycine Market Drivers

The market drivers for the Malaysia Glycine Market can be influenced by various factors. These may include:

Expanding Food and Beverage Sector: Due to its sweet flavour, glycine is frequently utilised as a nutritional supplement and food ingredient. Glycine demand is increased by Malaysia’s growing food and beverage industry.
Growth of the Pharmaceutical business: Glycine is used as an excipient in medications and as a treatment for specific medical disorders in the pharmaceutical business. The glycine market is driven by Malaysia’s growing pharmaceutical output and healthcare needs.
Demand from the Agricultural Sector: To improve animal development and productivity, glycine is used in animal feed. The need for glycine is rising as the agricultural industry, especially cattle production, expands.
Glycine finds use in a number of industrial processes, such as chemical synthesis, metal processing, and cosmetics. The rise of the glycine market is facilitated by Malaysia’s industrial growth and diversification.
Growing Health Awareness: As consumers become more conscious of their diets and overall health, they take more dietary supplements—including glycine-containing ones—which drives up demand in the market.
The market expansion of glycine is facilitated by favourable rules and approvals from health and safety authorities for its usage in food, pharmaceuticals, and other applications.
Technological Advancements: By increasing productivity and cutting expenses, new techniques for producing glycine make the product more widely available and reasonably priced, which propels market expansion.
Import and Export Dynamics: The trade policies and strategic position of Malaysia enable the import of raw materials and the export of goods based on glycine, thereby impacting the dynamics of the market.
Economic Growth: As Malaysia’s economy expands overall, disposable incomes and consumer spending rise, which obliquely supports the glycine market’s expansion.
Sustainability and Environmental Concerns: Glycine, which is frequently employed in formulations that are environmentally friendly, may become more in demand as a result of the push for environmentally friendly industrial processes and sustainable agriculture methods.

The Malaysia Container Glass Market Report is Segmented by End-User Industry ((Beverages (Alcoholic Beverages (Beer and Cider, Wines and Spirits) and Non-Alcoholic Beverages (Carbonated Soft Drinks, Juices, Water and Other Non-Alcoholic Beverages)), Food, Cosmetics, Pharmaceutical, and Other End-User Industries). The Market Sizes and Forecasts are Provided in Terms of Volume (Tons) for all the Above Segments.

The Asia-Pacific Milk Protein Market is segmented by Form (Concentrates, Isolates), by End User (Animal Feed, Food and Beverages, Personal Care and Cosmetics, Supplements) and by Country (Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, South Korea, Thailand, Vietnam). Market value in USD and market volume in tonnes are presented. Key data points observed include the market volume of end-user segments, per capita consumption, and raw material production.

The Malaysian food manufacture machinery market skyrocketed to $549M in 2024, jumping by 161% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted a significant increase. Over the period under review, the market attained the maximum level in 2024 and is expected to retain growth in years to come.

The statistic shows the market demand growth of food, beverages and tobacco in Malaysia from 2011 to 2013 and includes a forecast up to 2018. In 2013, the market demand growth of food, beverages and tobacco had increased by approximately 6.4 percent.

The Malaysia E-Commerce Market Report is Segmented by B2C E-Commerce (Beauty and Personal Care, Consumer Electronics, Fashion and Apparel, Food and Beverage, Furniture and Home, and Others (Toys, DIY, Media, Etc. )) and B2B E-Commerce. The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

The global ice lolly machine market is experiencing robust growth, driven by the increasing popularity of frozen desserts and the expansion of food service outlets like milk tea and cold drink shops. The market, estimated at $2 billion in 2025, is projected to exhibit a healthy Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033, reaching approximately $2.8 billion by 2033. This growth is fueled by several factors, including rising disposable incomes in developing economies, increasing demand for convenient and refreshing frozen treats, and the introduction of innovative ice lolly machine models offering enhanced automation and efficiency. The fully automatic segment currently dominates the market due to its ease of use and higher production capacity, attracting both large-scale commercial establishments and smaller businesses. However, semi-automatic machines maintain a significant presence, particularly among smaller operators with budget constraints. Geographical expansion is also a key driver, with Asia-Pacific, particularly China and India, expected to be major contributors to market growth due to the burgeoning food and beverage industry. Despite the positive outlook, certain challenges restrain market expansion. High initial investment costs for advanced ice lolly machines can be a barrier to entry for small businesses. Moreover, fluctuating raw material prices and stringent regulations related to food safety and hygiene can impact profitability. Competition among established and emerging players is also intensifying, necessitating ongoing innovation and differentiation to maintain market share. The market's future trajectory hinges on continued technological advancements, including energy-efficient designs and improved automation, coupled with efforts to address sustainability concerns in the manufacturing and operation of ice lolly machines. Strategic partnerships and collaborations among manufacturers and distributors will play a crucial role in widening market penetration and boosting overall sales.

The cat food market value is expected to total US$ 44,744 million in 2023, as per the recent Future Market Insights (FMI) study. The overall sales are expected to reach US$ 60,951.4 million by 2033, capturing a CAGR of 3% from 2023 to 2033.

Attribute	Details
Cat Food Market Size (2033)	US$ 60,951.4 million
Cat Food Market Size (2023)	US$ 44,744 million
Cat Food Industry Size (2022)	US$ 43,023.00 million
Cat Food Industry Size (2018)	US$ 38,560.0 million
Cat Food Market CAGR (2023 to 2033)	3%
Cat Food Market CAGR (2018 to 2022)	2.8%

Country-wise Insights

Country	The United States
Market Share % (2022)	32%

Country	China
Market CAGR (2023 to 2033)	6.7%

Scope of Report

Attribute	Details
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	US$ million for Value
Key Countries Covered	The United States, Canada, Germany, the United Kingdom, France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Northern Africa, and South Africa
Key Segments Covered	Nature, Source, Product Type, Pet Type, Packaging Type, Distribution Channel, and Region
Key Companies Profiled	Evanger’s Dog & Cat Food Company, Inc. Mars Incorporated Purina Hill's Pet Nutrition Affinity Petcare SA Nutro Products Inc. Dave's Pet Food Boulder Dog Food Company Rollover Pet Food Ltd. Real Pet Food Company Pty Ltd Freshpet Burgess Group PLC Nature's Variety Fromm Family Foods LLC JustFoodForDogs The J.M. Smucker Company Steve's Real Food Natures Goodness Pet Food Party Animal, Inc. Iams
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

APAC Halal Foods And Beverages Market size was valued at USD 731 Billion in 2024 and is projected to reach USD 1209 Billion by 2032, growing at a CAGR of 6.5% from 2026 to 2032.

Key Market Drivers:

Strict Halal Certification standards: Government laws and certification criteria increase customer trust. According to Indonesia’s BPJPH (Halal Product Assurance Agency), 92% of food businesses have acquired halal certification since 2021. In Malaysia, the JAKIM certification has contributed to a 78% growth in halal-certified items in the last two years.

Health and Wellness Trend: Halal products are becoming more associated with healthy lifestyles among consumers. According to market research, 82% of APAC halal customers actively seek items made with natural ingredients and clean labels. In Indonesia, 71% of halal food purchasers prefer organic and nutritionally upgraded halal products.