In 2024, the revenue of non-alcoholic drinks market in Malaysia was estimated to reach around **** billion U.S. dollars. Statista Market Insights forecasted that the revenue will continue to grow and exceed **** billion U.S. dollars by 2029.
Future Outlook and Projections for Malaysia Alcoholic Beverages Market on the Basis of Revenues in USD Billion, 2024-2029 The Malaysia alcoholic drinks market is projected to grow steadily through 2029, exhibiting a moderate CAGR during the forecast period. This growth is expected to be driven by rising disposable incomes, evolving consumer preferences, and the expansion of both retail and online distribution channels. What Lies Ahead for Malaysia Alcoholic Drinks Market?
Over the forecast period until 2029, the online revenue share is forecast to exhibit fluctuations among the two segments. Only for the segment Offline, a significant increase can be observed over the forecast period. Here, the indicator exhibits a difference of ****** percent between 2021 and 2029. Find further statistics on other topics such as a comparison of the out-of-home revenue share in Brazil and a comparison of the online revenue share in the Philippines. The Statista Market Insights cover a broad range of additional markets.
Market Size for Malaysia Alcoholic Beverage Industry on the Basis of Revenue in USD Billion, 2018-2024 In 2023, Carlsberg Malaysia introduced a new line of craft beers aimed at tapping into the growing craft beer segment in urban areas. This initiative reflects the evolving preferences of Malaysian consumers, particularly in Kuala Lumpur and Penang, where premium and niche beverages are gaining popularity due to higher incomes and increased socialization trends. The Malaysia alcoholic drinks market reached a valuation of MYR 15 Billion in 2023, driven by increasing consumer demand for diverse alcoholic beverages, a growing tourism sector, and rising disposable incomes. The market is characterized by major players such as Carlsberg Malaysia, Heineken Malaysia, Diageo, and Pernod Ricard. These companies are recognized for their wide range of product offerings, strategic distribution channels, and strong brand presence.
Over the forecast period until 2029, the combined revenue per capita is forecast to exhibit fluctuations among the five segments. In general, the combined revenue per capita appears to exhibit a positive trend, with more segments showing increasing values rather than decreasing values until 2029. Among them, the segment Alcoholic Drinks attains the highest value throughout the entire period, reaching **** U.S. dollars. Find other insights concerning similar markets and segments, such as a comparison of revenue growth in Poland and a comparison of revenue growth worldwide. The Statista Market Insights cover a broad range of additional markets.
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Forecast: Alcoholic Beverages Market Size Volume in Malaysia 2024 - 2028 Discover more data with ReportLinker!
Some of the recent competitor trends and key information about competitors include: The Malaysia alcoholic drinks market is relatively competitive, with a few major players holding a dominant share, while smaller local brewers and international brands are gaining ground. The expansion of e-commerce platforms and on-trade consumption in urban areas has further diversified the market. Key players include Carlsberg Malaysia, Heineken Malaysia, Diageo, Pernod Ricard, and smaller craft breweries. Competitive Landscape in Malaysia Alcoholic Drinks Market
Over the forecast period until 2027, the online revenue share is forecast to exhibit fluctuations among the two segments. Only in the segment Offline, a significant increase can be observed over the forecast period. In this segment, the indicator exhibits a difference of ****** percent between 2020 and 2027. Find further statistics on other topics such as a comparison of the online revenue share in Italy and a comparison of the revenue change in Italy. The Statista Market Insights cover a broad range of additional markets.
The Beverages eCommerce market in Malaysia is predicted to reach US$1,212.3m revenue by 2025. The top online retailers in the market are whisky.my, drinkies.my and nespresso.com.
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Malaysia Malt Beverages Market is expected to grow during 2025-2031
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Forecast: Food and Beverage Industry Contribution to GDP in Malaysia 2024 - 2028 Discover more data with ReportLinker!
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Forecast: Beverages Industry Contribution to GDP in Malaysia 2023 - 2027 Discover more data with ReportLinker!
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The Malaysian soft drink market dropped to $1.8B in 2024, remaining relatively unchanged against the previous year. Overall, consumption continues to indicate a perceptible shrinkage. As a result, consumption reached the peak level of $2.5B. From 2019 to 2024, the growth of the market failed to regain momentum.
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Malaysia Ready-to-Drink (RTD) Coffee Beverage Market growth is driven by increasing consumer demand for convenience, innovation in functional beverages, and the rising trend of specialty coffee consumption.
The combined revenue per capita is forecast to experience significant growth in all segments in 2029. Concerning the three selected segments, the segment Soft Drinks has the largest combined revenue per capita with 40.07 U.S. dollars. Contrastingly, Bottled Water is ranked last, with 8.19 U.S. dollars. Their difference, compared to Soft Drinks, lies at 31.88 U.S. dollars. Find other insights concerning similar markets and segments, such as a comparison of per capita sales volume in China and a comparison of revenue in Singapore. The Statista Market Insights cover a broad range of additional markets.
The Non-Alcoholic Beverages eCommerce market in Malaysia is predicted to reach US$736m revenue by 2025, reflecting an estimated growth rate of 26% compared to 2024.
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In 2024, the Malaysian beverage filter market was finally on the rise to reach $24M for the first time since 2021, thus ending a two-year declining trend. Overall, consumption enjoyed a strong expansion. As a result, consumption reached the peak level of $335M. From 2022 to 2024, the growth of the market remained at a lower figure.
Malaysia Alcoholic Drinks Market Segmentation What are the Regulations and Initiatives which have Governed the Malaysia Alcoholic Drinks Market: Which Industry Challenges Have Impacted the Growth for Malaysia Alcoholic Drinks Market
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Forecast: Alcoholic Beverages Market Size Volume Per Capita in Malaysia 2024 - 2028 Discover more data with ReportLinker!
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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.
In 2024, the revenue of non-alcoholic drinks market in Malaysia was estimated to reach around **** billion U.S. dollars. Statista Market Insights forecasted that the revenue will continue to grow and exceed **** billion U.S. dollars by 2029.