Fast Market Research

Recently Released Market Study: Malaysia Food & Drink Report Q1 2013

New Food research report from Business Monitor International is now available from Fast Market Research

 

Boston, MA -- (ReleaseWire) -- 12/06/2012 -- The culture of consumerism is reasonably well entrenched in Malaysia given its relatively high consumption levels. As the lower and middle classes in Malaysia reap the benefits of the country's rapid economic development, the trend of premiumisation is expected to gather pace over the coming years. We expect stronger growth prospects in the higher-value food categories such as confectionery and functional foods. The halal food sector is also expected to achieve particularly robust dynamism as more companies expand their product offerings beyond non-halal products to capture burgeoning domestic and export opportunities.

Headline Industry Data (local currency)

- 2013 food consumption = +2.9%; compound annual growth rate (CAGR) forecast to 2017 = +3.1%
- 2013 soft drinks value sales = +4.7%; CAGR forecast to 2017 = +5.1%
- 2013 alcoholic drinks value sales = +3.7%; CAGR forecast to 2017 = +4.9%
- 2013 mass grocery retail sales = +9.0%; CAGR forecast to 2017 = +8.1%

Key Industry Trends

View Full Report Details and Table of Contents

Heineken Seals Control Of APB: In September 2012, brewing giant Heineken secured full control of Asia Pacific Breweries after the shareholders of Fraser and Neave voted in favour of the firm's SGD5.6bn (US$4.5bn) bid. Heineken has been forced to pay a hefty premium for the business, at 17X earnings before interest tax and amortisation. However, the firm's CEO has stressed that it was 'worth every dollar' owing to the firm's tremendous exposure to some of Asia's most promising beer markets, including Malaysia.

Malaysia Could Emerge As Key Growth Area For Tesco: Tesco's Asian expansion over its most recent financial year points to the firm's strategy and priorities. In the 12 months to the end of February 2012, the firm had a net gain of 415 stores in the region, of which 43 were hypermarkets, 352 were supermarkets or convenience stores and 20 were franchise stores. These figures do not include the disposal of its Japanese operations, which included 121 outlets. Of interest is the pattern of investment, with Tesco investing heavily in Thailand and South Korea but progressing relatively slowly in China despite its position as one of the region's most exciting consumer markets. With the firm facing headwinds in China and South Korea, we believe Malaysia and Thailand are likely to be the target for major investment in the short-to-medium term.

About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Food research reports at Fast Market Research

You may also be interested in these related reports:

- Greece Food & Drink Report Q1 2013
- Australia Food & Drink Report Q1 2013
- Vietnam Food & Drink Report Q1 2013
- Germany Food & Drink Report Q1 2013
- Colombia Food & Drink Report Q1 2013
- Croatia Food & Drink Report Q1 2013
- Kuwait Food & Drink Report Q1 2013
- Turkey Food & Drink Report Q1 2013
- Mexico Food & Drink Report Q1 2013
- Brazil Food & Drink Report Q1 2013