Malaysia Food And Beverage Industry

Malaysia food ingredients premix manufacturing for desserts and beverage applications.

Malaysia food and beverage industry. Mifb will work in line to grow malaysia s trade by bringing in f b providers industrial experts innovators to offer a plethora of products and services under one roof. The previous mifb 2019 was a huge success and has positioned the trade fair as no 1 food beverage trade in malaysia with the special award recognition by malaysian book of records for malaysia s largest food beverage trade fair. Consumer awareness of nutrition and healthy lifestyle has created the demand for functional minimally processed fresh organic and natural foods. Many of the large players are subsidiaries of global f b companies.

The ecommerce market segment food beverages contains the online sale of fresh and packaged foods. Malaysia s food and beverage sector is increasingly sophisticated and influenced by health and convenience trends. The government s continuous efforts to increase food production and liberalise trade have meant that most malaysians today have access to a wide selection of local and import ed f b products. Malaysia has a growing domestic f b market driven by a growing population and rising income.

Natural and healthy produce showcase will be an ideal platform for companies serving the food and beverage industry and is constantly finding innovative ways to improve and cater their products to the community with the healthy living vision. The malaysian food and beverage f b sector reflects its diverse multi cultural population. The market research company bmi research estimated the malaysian f b market in 2017 including food sales alcoholic drinks spending and non alcoholic drinks sales at myr 173 63bn representing a 9 71 growth from 2016. Sugar consumption and non communicable diseases have also been on the rise.

The f b sector has a mixed of local regional and international players. 21st edition of the malaysian international food beverage trade fair mifb 2020 is strengthening the exhibition floor with power packed f b services and solution providers. The country is a regional halal f b export major which is an additional advantage. Revenue in the food beverages segment is projected to reach us 84m in 2020.

Over 100 food beverage companies in malaysia including kuala lumpur raub george town kuching johor bahru and more.