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Malaysia Meat Market By Type (Beef, Poultry, Lamb, Others); By Product (Fresh, Frozen, Processed); By End-user (Residential, Hotel/Restaurants, Catering, Others); By Distribution Channel (Supermarkets/Hypermarkets, Traditional Markets/Wet Markets, Convenience Stores, Online Retail, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

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Published: | Report ID: 29262 | Report Format : PDF

Market Definition

Meat refers to animal flesh intended for human consumption as food. Meat is an excellent source of proteins, zinc, iron, selenium, phosphorus, vitamin A, and B-complex vitamins. Malaysia has a wide variety of meats, including red meat, which includes beef, goat, and lamb. Malaysia is also well-known for its poultry meat, which includes chicken, turkey, badgers, bats, beavers, civets, gigantic salamanders, and so on. The most popular meat varieties consumed in Malaysia are pork and beef.

Market Overview

It is anticipated that between 2023 and 2030, the Malaysia Meat Market will expand at a compound annual growth rate (CAGR) of 3.50%. From USD 2315.8 million in 2022, the market is projected to be worth USD 3049.4 million by 2030.

Malaysia’s meat market is broad and vibrant. Malaysia’s expanding population and high demand for meat products make it an appealing market for both domestic and foreign providers. Malaysia’s meat market is dominated by poultry, beef, and mutton. Because of its affordability and adaptability, poultry, particularly chicken, is the most consumed meat in the country. Beef and mutton are also popular, especially among certain ethnic groups.

In recent years, there has been a growing trend toward healthier and higher-quality meats, such as organic and grass-fed meats. Consumers are increasingly more concerned about food quality and safety, which is driving up demand for verified and traceable beef products.

Malaysia Meat Market

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Market Insights

  • The  demand for Malaysia Meat was valued at USD 2315.8million in 2022 and is expected to reach USD 3049.4 Million in 2030, growing at a CAGR of 3.50% between 2023 and 2030.
  • The poultrysegment leads the Malaysian meat market, while the mutton and goat segments are also growing in popularity.
  • Fresh meat has the largest market share, and frozen meat is the second largest market share holder.
  • Fast Food Chains is the fastest expanding segment, and Household Consumption is critical in raising market demand for beef.
  • The Economy Meat category often dictates market demand, and the Premium Meat category is another key component of the meat industry.
  • The supermarket/hypermarket segment has the largest market share, although the online meat retail segment is also considerable.
  • Individual consumers have a higher market demand, and the restaurant industry dominates the meat market.
  • Increasing Spending Power and Disposable Income drives market growth
  • Malaysia’s thriving tourism industry is the market’s main opportunity.
  • Malaysia’s meat industry has a negative environmental impact, which is impeding market growth.

Segmentation by Type

  • The poultry section, which includes chicken, turkey, badgers, bats, beavers, civets, giant salamanders, and other animals, dominates the Malaysian meat market since it is popular among both urban and rural populations. Chicken is in high demand in Malaysia, and the rising demand for this sub-segment is linked to rising consumer income levels. Chicken is also considered healthier than other meat varieties because it is high in protein and key vitamins while being low in fat and cholesterol, which is boosting its market growth.
  • Another rising market demand segment is the Mutton and goat segment.

  Segmentation by Product

  • Fresh meat has the biggest market share due to its high nutritional content when compared to other product kinds. However, due of the growing awareness of halal products, the frozen product type category is expected to grow at the fastest rate.
  • Frozen meat in supermarkets is divided into halal and non-halal categories, which is increasing demand for frozen meat in Malaysia.

Segmentation by Application

  • The Fast Food Chains category is fastest growing segment in the meat market. Fast food’s convenience and consumer appeal can be attributed to this.
  • The Household Consumption segment is crucial in increasing demand for meat in the market. This section includes individual consumers who buy meat for personal consumption at home.

Segmentation by Price Range

  • Market demand is typically dictated by the Economy Meat category. This market caters to budget-conscious customers seeking low-cost meat options.
  • Another important component of the meat industry is the Premium Meat category. Customers who are willing to pay a premium for higher quality and specialty meat cuts are catered to in this section.

Segmentation by Distribution Channel

  •  The supermarket/hypermarket segment holds the most market share. Malaysia has over 334 hypermarkets and over 40 supermarket chains, increasing customer access to a diverse selection of meat products.
  • However, the online meat retail segment also accounts for a significant share of the market. due to the increasing demand for meat products and cuisines in restaurants, food chains, hotels, and street-food vendors

Segmentation by End-Users

  • Individual consumers have a larger market demand. Individual consumers have a strong demand for meat since they buy it for personal use and preparation. Households and individuals who buy meat from local markets, supermarkets, or online platforms are included in this section.
  •  The meat market is dominated by the foodservice business, which includes restaurants and fast food outlets.

Key Highlights of the Report

The  Malaysia Meat Market is segmented by Type, Product, Application, Price, Distribution Channel, End-User and region. Fresh meat and supermarket/hypermarket have the largest market share. Individual consumers have a greater market need, and the Fast Food Chains sector is the fastest expanding segment in the beef market. Also, the online meat sale market has a sizable proportion.

Growing population and increasing disposable income, Rising demand for protein-rich diets and convenience foods and Government initiatives to promote domestic meat production and ensure food security are the key drivers of the market. In addition, Fluctuating feed prices and production costs, Stringent regulations and standards for food safety and halal certification and Competition from imported meat products are the key restraints of the market

 What Elements Are Driving the  Market for Malaysia Meat?

Several variables influence the Malaysian meat industry. The country’s growing population and increased disposable income help to drive up demand for beef products. As people’s salaries rise, they have more purchasing power to include meat in their diet. Furthermore, there is a growing awareness of the need of protein-rich diets and convenience foods, which drives meat demand even higher. Also, the government has launched steps to boost domestic meat production, thereby assuring food security and lowering dependency on imports.

What Are The Main Obstacles That The  Malaysia Meat Market Faces?

Feed price fluctuations and production costs might have an impact on meat producers’ profitability. Weather conditions, market patterns, and the availability of feed resources can all have an impact on these expenses. Furthermore, severe rules and standards for food safety and halal certification might provide hurdles for meat producers, requiring specific compliance. Also, the industry is being challenged by imported meat products, which may have an impact on local producers and their market share.

What Market Development Prospects Are There For Malaysia Meat ly?

The increase of halal meat exports represents a considerable opportunity. Malaysia, with its experience in halal certification, can serve to the  Muslim market, which has a high demand for halal products. The development of value-added meat products and processed meats is another option. Companies can enhance their market position by producing new and convenient meat products that cater to evolving consumer tastes. In addition, there is a potential to embrace sustainable and environmentally friendly meat production processes. This may appeal to consumers that value sustainability and animal welfare, hence establishing a niche market for such products.

Market Drivers

The  Malaysia Meat Market is driven by several factors. The following are the key drivers of the  Malaysia Meat Market:

Increasing Spending Power and Disposable Income

According to World Bank projections, Malaysia’s economy is expected to transition from an upper-middle-class economy to a high-income country by 2024. To increase Malaysia’s economic growth, the country’s government is pursuing numerous steps, instituting reforms, and embracing sustainability. As a result, Malay consumers’ disposable income is expected to improve during the predicted period, increasing their food consumption. People’s rising purchasing power is expected to drive demand for meat and meat products in Malaysia during the forecast period.

Market Restraints

The  Malaysia Meat Marketfaces some challenges that may hinder its growth. These include the following:

Malaysia’s Meat Industry Has a Negative Impact on the Environment

The growing environmental consciousness and understanding about the harmful impact of the meat business on the environment may act as a significant limitation on Malaysia’s meat market expansion. Meat production and consumption have a substantial impact on the environment, such as greenhouse gas emissions (GHG). Furthermore, meat production adds to environmental contamination through the use of fossil fuels, effluents, water, and land. As a result, people are migrating toward more sustainable vegan meat products.

Opportunities

The  Malaysia Meat Market offers significant growth opportunities. These include the following:

Malaysia’s Thriving Tourism Industry

Malaysia is one of the world’s most popular tourist destinations, ranking ninth in the world in terms of visitor arrivals. The government has implemented a number of initiatives to enhance tourism in the country, making it the country’s third-largest source of foreign money. The increasing number of visitors to the country has raised demand for meat and meat products through on-trade channels such as hotels, restaurants, and hotels. The traditional Malay cuisine is one of the most popular tourist attractions, and it is increasing the need for meat throughout the country.

Competitive Landscape

Malaysia Meat Market 1

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Key Players

The  Malaysia Meat Market is highly competitive, with several key players. Some of the major players in the market and their market share are as follows:

  • Ramly Food Processing Sdn. Bhd.
  • Dindings Poultry
  • Farm’s Best Food Industries Sdn. Bhd.
  • Lay Hong Berhad
  • PG Lean Hwa Trading Sdn Bhd
  • Aqina Holdings Sdn. Bhd.
  • Mac Food Services Malaysia
  • Hormel Foods Corporation
  • Yeo Hiap Seng

These organizations prioritize product innovation, Disease Area expansion, and mergers and acquisitions to stay competitive.

The  Malaysia Meat Market’s key players continually seek to stay ahead by offering new Types and developments.

In September 2019, Hormel Foods declared that they have met their nonrenewable energy reduction objective a year early.

In June 2021, Malaysian authorities approved Fauji Meat Limited, a Pakistani meat exporter, to increase meat imports and related products to Malaysia.

In September, 2020,  When more than 3,000 individuals joined a Zoom-hosted pizza party, Hormel Foods staged the world’s largest virtual pizza party. To beat the record, at least 500 images of people had to be posted during the one-hour event. The total number of photographs was 907 in the end.

Summary of Key Findings

  • Malaysia’s meat industry has a negative environmental impact, which is impeding market growth.
  • Market segmented by Type, Product, Application, Price Range, Distribution Channel, End-User and region
  • The supermarket/hypermarket segment has the largest market share
  • Individual consumers have a higher market demand
  • The market is highly competitive with key players including Ramly Food Processing Sdn. Bhd., Dindings Poultry, Farm’s Best Food Industries Sdn. Bhd. And Lay Hong Berhad

Future Outlook

  • Increasing demand for halal-certified beef
  • A growing preference for healthier and higher-quality meat options
  • Growing concern about food safety and traceability
  • Increased domestic meat production
  • Emphasis on ecologically friendly and sustainable approaches
  • Meat processing and packaging technological developments
  • Opportunities for market diversification and foreign trade

Segmentation

 

  • By Region

 

Table of Content

Chapter No. 1 :………. Introduction.. 15

1.1.1. Report Description. 15

Purpose of the Report. 15

USP & Key Offerings. 15

1.1.2. Key Benefits for Stakeholders. 15

1.1.3. Target Audience. 16

1.1.4. Report Scope 16

Chapter No. 2 :………. Executive Summary. 17

2.1. Meat Market Snapshot. 17

2.1.1. Malaysia Meat Market, 2018 – 2032 (Kilo Tons) (USD Million). 18

2.2. Insights from Primary Respondents. 18

Chapter No. 3 :………. Geopolitical Crisis Impact Analysis. 20

3.1. Russia-Ukraine and Israel-Palestine War Impacts. 20

Chapter No. 4 :………. Meat Market – Industry Analysis. 21

4.1. Introduction 21

4.2. Market Drivers 22

4.2.1. Driving Factor 1 Analysis. 22

4.2.2. Driving Factor 2 Analysis. 23

4.3. Market Restraints. 24

4.3.1. Restraining Factor Analysis. 24

4.4. Market Opportunities. 25

4.4.1. Market Opportunity Analysis. 25

4.5. Porter’s Five Forces Analysis. 26

4.6. Value Chain Analysis. 27

4.7. Buying Criteria 28

Chapter No. 5 :………. Import Export Analysis. 29

5.1. Import Analysis by Region. 29

5.1.1. Malaysia Meat Market Import Volume/Revenue, By Region, 2018 – 2023. 29

5.2. Export Analysis by Region. 30

5.2.1. Malaysia Meat Market Export Volume/Revenue, By Region, 2018 – 2023. 30

Chapter No. 6 :………. Demand Supply Analysis. 31

6.1. Demand Analysis by Region. 31

6.1.1. Malaysia Meat Market Demand Volume/Revenue, By Region, 2018 – 2023. 31

6.2. Supply Analysis by Region. 32

6.2.1. Malaysia Meat Market Supply Volume/Revenue, By Region, 2018 – 2023. 32

Chapter No. 7 :………. Production Analysis. 33

7.1. Production Analysis by Region. 33

7.1.1. Malaysia Meat Market Production Volume/Revenue, By Region, 2018 – 2023. 33

Chapter No. 8 :………. Price Analysis. 34

8.1. Price Analysis by Type. 34

8.1.1. Malaysia Meat Market Price, By Type, 2018 – 2023. 34

8.1.2. Malaysia Type Market Price, By Type, 2018 – 2023. 34

Chapter No. 9 :………. Analysis Competitive Landscape. 35

9.1. Company Market Share Analysis – 2023. 35

9.1.1. Malaysia Meat Market: Company Market Share, by Volume, 2023. 35

9.1.2. Malaysia Meat Market: Company Market Share, by Revenue, 2023. 36

9.1.3. Malaysia Meat Market: Top 6 Company Market Share, by Revenue, 2023. 36

9.1.4. Malaysia Meat Market: Top 3 Company Market Share, by Revenue, 2023. 36

9.2. Malaysia Meat Market Company Volume Market Share, 2023. 38

9.3. Malaysia Meat Market Company Revenue Market Share, 2023. 39

9.4. Company Assessment Metrics, 2023. 40

9.4.1. Stars 40

9.4.2. Emerging Leaders. 40

9.4.3. Pervasive Players. 40

9.4.4. Participants 40

9.5. Start-ups /SMEs Assessment Metrics, 2023. 40

9.5.1. Progressive Companies. 40

9.5.2. Responsive Companies. 40

9.5.3. Dynamic Companies. 40

9.5.4. Starting Blocks 40

9.6. Strategic Developments. 41

9.6.1. Acquisitions & Mergers. 41

New Product Launch. 41

Regional Expansion. 41

9.7. Key Players Product Matrix. 42

Chapter No. 10 :…….. PESTEL & Adjacent Market Analysis. 43

10.1. PESTEL 43

10.1.1. Political Factors. 43

10.1.2. Economic Factors. 43

10.1.3. Social Factors 43

10.1.4. Technological Factors. 43

10.1.5. Environmental Factors. 43

10.1.6. Legal Factors 43

10.2. Adjacent Market Analysis. 43

Chapter No. 11 :…….. Meat Market – By Type Segment Analysis. 44

11.1. Meat Market Overview, by Type Segment. 44

11.1.1. Meat Market Volume Share, By Type, 2023 & 2032. 45

11.1.2. Meat Market Revenue Share, By Type, 2023 & 2032. 45

11.1.3. Meat Market Attractiveness Analysis, By Type. 46

11.1.4. Incremental Revenue Growth Opportunity, by Type, 2024 – 2032. 46

11.1.5. Meat Market Revenue, By Type, 2018, 2023, 2027 & 2032. 47

11.2. Beef 48

11.3. Poultry 49

11.4. Lamb 50

11.5. Others 51

Chapter No. 12 :…….. Meat Market – By Product Segment Analysis. 52

12.1. Meat Market Overview, by Product Segment. 52

12.1.1. Meat Market Volume Share, By Product, 2023 & 2032. 53

12.1.2. Meat Market Revenue Share, By Product, 2023 & 2032. 53

12.1.3. Meat Market Attractiveness Analysis, By Product. 54

12.1.4. Incremental Revenue Growth Opportunity, by Product, 2024 – 2032. 54

12.1.5. Meat Market Revenue, By Product, 2018, 2023, 2027 & 2032. 55

12.2. Fresh 56

12.3. Frozen 57

12.4. Processed 58

Chapter No. 13 :…….. Meat Market – By End-user Segment Analysis. 59

13.1. Meat Market Overview, by End-user Segment. 59

13.1.1. Meat Market Volume Share, By End-user, 2023 & 2032. 60

13.1.2. Meat Market Revenue Share, By End-user, 2023 & 2032. 60

13.1.3. Meat Market Attractiveness Analysis, By End-user. 61

13.1.4. Incremental Revenue Growth Opportunity, by End-user, 2024 – 2032. 61

13.1.5. Meat Market Revenue, By End-user, 2018, 2023, 2027 & 2032. 62

13.2. Residential 63

13.3. Hotel/Restaurants. 64

13.4. Catering 65

13.5. Others 66

Chapter No. 14 :…….. Meat Market – By Distribution Channel Segment Analysis. 67

14.1. Meat Market Overview, by Distribution Channel Segment. 67

14.1.1. Meat Market Volume Share, By Distribution Channel, 2023 & 2032. 68

14.1.2. Meat Market Revenue Share, By Distribution Channel, 2023 & 2032. 68

14.1.3. Meat Market Attractiveness Analysis, By Distribution Channel 69

14.1.4. Incremental Revenue Growth Opportunity, by Distribution Channel, 2024 – 2032. 69

14.1.5. Meat Market Revenue, By Distribution Channel, 2018, 2023, 2027 & 2032. 70

14.2. Supermarkets/Hypermarkets. 71

14.3. Traditional Markets/Wet Markets. 72

14.4. Convenience Stores. 73

14.5. Online Retail 74

14.6. Others 75

Chapter No. 15 :…….. Company Profiles. 76

15.1. Ramly Food Processing Sdn. Bhd. 76

15.1.1. Company Overview.. 76

15.1.2. Product Portfolio. 76

15.1.3. Swot Analysis 76

15.1.4. Business Strategy. 76

15.1.5. Financial Overview.. 77

15.2. Dindings Poultry. 78

15.3. Farm’s Best Food Industries Sdn. Bhd. 78

15.4. Lay Hong Berhad. 78

15.5. PG Lean Hwa Trading Sdn Bhd. 78

15.6. Aqina Holdings Sdn. Bhd. 78

15.7. Mac Food Services Malaysia. 78

15.8. Hormel Foods Corporation. 78

15.9. Yeo Hiap Seng 78

Chapter No. 16 :…….. Research Methodology. 79

16.1. Research Methodology. 79

16.1.1. Phase I – Secondary Research. 80

16.1.2. Phase II – Data Modeling. 80

Company Share Analysis Model 81

Revenue Based Modeling. 81

16.1.3. Phase III – Primary Research. 82

16.1.4. Research Limitations. 83

Assumptions. 83

 

List of Figures

FIG NO. 1………. Malaysia Meat Market Volume & Revenue, 2018 – 2032 (Kilo Tons) (USD Million) 18

FIG NO. 2………. Porter’s Five Forces Analysis for Malaysia Meat Market 26

FIG NO. 3………. Value Chain Analysis for Malaysia Meat Market 27

FIG NO. 4………. Malaysia Meat Market Import Volume/Revenue, By Region, 2018 – 2023. 29

FIG NO. 5………. Malaysia Meat Market Export Volume/Revenue, By Region, 2018 – 2023. 30

FIG NO. 6………. Malaysia Meat Market Demand Volume/Revenue, By Region, 2018 – 2023. 31

FIG NO. 7………. Malaysia Meat Market Supply Volume/Revenue, By Region, 2018 – 2023. 32

FIG NO. 8………. Malaysia Meat Market Production Volume/Revenue, By Region, 2018 – 2023. 33

FIG NO. 9………. Malaysia Meat Market Price, By Type, 2018 – 2023. 34

FIG NO. 10……… Company Share Analysis, 2023. 35

FIG NO. 11……… Company Share Analysis, 2023. 36

FIG NO. 12……… Company Share Analysis, 2023. 36

FIG NO. 13……… Company Share Analysis, 2023. 36

FIG NO. 14……… Meat Market – Company Volume Market Share, 2023. 38

FIG NO. 15……… Meat Market – Company Revenue Market Share, 2023. 39

FIG NO. 16……… Meat Market Volume Share, By Type, 2023 & 2032. 45

FIG NO. 17……… Meat Market Revenue Share, By Type, 2023 & 2032. 45

FIG NO. 18……… Market Attractiveness Analysis, By Type. 46

FIG NO. 19……… Incremental Revenue Growth Opportunity by Type, 2024 – 2032. 46

FIG NO. 20……… Meat Market Revenue, By Type, 2018, 2023, 2027 & 2032. 47

FIG NO. 21……… Malaysia Meat Market for Beef, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032. 48

FIG NO. 22……… Malaysia Meat Market for Poultry, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032. 49

FIG NO. 23……… Malaysia Meat Market for Lamb, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032. 50

FIG NO. 24……… Malaysia Meat Market for Others, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032. 51

FIG NO. 25……… Meat Market Volume Share, By Product, 2023 & 2032. 53

FIG NO. 26……… Meat Market Revenue Share, By Product, 2023 & 2032. 53

FIG NO. 27……… Market Attractiveness Analysis, By Product 54

FIG NO. 28……… Incremental Revenue Growth Opportunity by Product, 2024 – 2032. 54

FIG NO. 29……… Meat Market Revenue, By Product, 2018, 2023, 2027 & 2032. 55

FIG NO. 30……… Malaysia Meat Market for Fresh, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032. 56

FIG NO. 31……… Malaysia Meat Market for Frozen, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032. 57

FIG NO. 32……… Malaysia Meat Market for Processed, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 58

FIG NO. 33……… Meat Market Volume Share, By End-user, 2023 & 2032. 60

FIG NO. 34……… Meat Market Revenue Share, By End-user, 2023 & 2032. 60

FIG NO. 35……… Market Attractiveness Analysis, By End-user. 61

FIG NO. 36……… Incremental Revenue Growth Opportunity by End-user, 2024 – 2032. 61

FIG NO. 37……… Meat Market Revenue, By End-user, 2018, 2023, 2027 & 2032. 62

FIG NO. 38……… Malaysia Meat Market for Residential, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 63

FIG NO. 39……… Malaysia Meat Market for Hotel/Restaurants, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 64

FIG NO. 40……… Malaysia Meat Market for Catering, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032. 65

FIG NO. 41……… Malaysia Meat Market for Others, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032. 66

FIG NO. 42……… Meat Market Volume Share, By Distribution Channel, 2023 & 2032. 68

FIG NO. 43……… Meat Market Revenue Share, By Distribution Channel, 2023 & 2032. 68

FIG NO. 44……… Market Attractiveness Analysis, By Distribution Channel 69

FIG NO. 45……… Incremental Revenue Growth Opportunity by Distribution Channel, 2024 – 2032. 69

FIG NO. 46……… Meat Market Revenue, By Distribution Channel, 2018, 2023, 2027 & 2032. 70

FIG NO. 47……… Malaysia Meat Market for Supermarkets/Hypermarkets, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032. 71

FIG NO. 48……… Malaysia Meat Market for Traditional Markets/Wet Markets, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032. 72

FIG NO. 49……… Malaysia Meat Market for Convenience Stores, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 73

FIG NO. 50……… Malaysia Meat Market for Online Retail, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 74

FIG NO. 51……… Malaysia Meat Market for Others, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032. 75

FIG NO. 52……… Research Methodology – Detailed View.. 79

FIG NO. 53……… Research Methodology. 80

List of Tables

TABLE NO. 1. :…. Malaysia Meat Market: Snapshot 17

TABLE NO. 2. :…. Drivers for the Meat Market: Impact Analysis. 22

TABLE NO. 3. :…. Restraints for the Meat Market: Impact Analysis. 24

TABLE NO. 4. :…. Malaysia Meat Market Volume & Revenue, By Type, 2018 – 2023. 34

What is the current Type of the Malaysia Meat Market?

In 2022, the  Malaysia Meat Market is expected to be worth USD 2315.8 million.

What is the predicted growth rate of the Malaysia Meat Market between 2023 and 2030?

The Malaysia Meat Market is estimated to increase at a CAGR of 3.50% between 2023 and 2030, reaching USD 3049.4 Million in 2030.

Which segment has the most market share in terms of type ?

In 2022, The poultry segment leads the Malaysian meat market.

Which application segment is predicted to grow at the fastest growing segment over the forecast period?

Fast Food Chains is the fastest expanding segment

Who are the major players in the  Malaysia Meat Market?

The top players include Ramly Food Processing Sdn. Bhd., Dindings Poultry, Farm’s Best Food Industries Sdn. Bhd. And Lay Hong Berhad

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