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Plant-Based Dairy in Malaysia

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    Report

  • 19 Pages
  • September 2023
  • Region: Malaysia
  • Euromonitor International
  • ID: 5738987
“Other” plant-based milk is projected to continue to see dynamic retail volume and current value and foodservice volume growth to continue to gain on soy drinks over 2023. “Other” plant-based milk is increasingly present on menus in foodservice establishments, such as specialist coffee shops like Starbucks, Zus Coffee and The Coffee Bean & Tea Leaf, and selected bubble tea shops like Tealive.

The Plant-based Dairy in Malaysia report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2018-2022, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in 2023 directly informs the forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage: Plant-based Cheese, Plant-based Milk, Plant-based Yoghurt.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Plant-based Dairy market
  • Pinpoint growth sectors and identify factors driving change
  • Understand the competitive environment, the market’s major players and leading brands
  • Use five-year forecasts to assess how the market is predicted to develop
The analyst has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, The analyst has a unique capability to develop reliable information resources to help drive informed strategic planning.

Table of Contents

KEY DATA FINDINGS
2023 DEVELOPMENTS
“Other” plant-based milk continues to gain on soy drinks in 2023
  • Imported brands compete through quality positioning, while the domestic player Fresh Farm strengthens its distribution reach
  • Rising costs hinder soy drinks players while the competition intensifies in “other” plant-based milk
PROSPECTS AND OPPORTUNITIES
“Other” plant-based milk is expected to continue to gain ground on soy drinks over the forecast period
  • Farm Fresh aims to cross categories while leading players are set to expand their distribution
  • Strong investments are required if plant-based cheese or yoghurt is to take off
CATEGORY DATA
  • Table 1 Sales of Plant-Based Dairy by Category: Value 2018-2023
  • Table 2 Sales of Plant-Based Dairy by Category: % Value Growth 2018-2023
  • Table 3 NBO Company Shares of Plant-Based Dairy: % Value 2019-2023
  • Table 4 LBN Brand Shares of Plant-Based Dairy: % Value 2020-2023
  • Table 5 Distribution of Plant-Based Dairy by Format: % Value 2018-2023
  • Table 6 Forecast Sales of Plant-Based Dairy by Category: Value 2023-2028
  • Table 7 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2023-2028
DAIRY PRODUCTS AND ALTERNATIVES IN MALAYSIA
EXECUTIVE SUMMARY
  • Dairy products and alternatives in 2023: The big picture
  • Key trends in 2023
  • Competitive landscape
  • Channel developments
  • What next for dairy products and alternatives?
MARKET DATA
  • Table 8 Sales of Dairy Products and Alternatives by Category: Value 2018-2023
  • Table 9 Sales of Dairy Products and Alternatives by Category: % Value Growth 2018-2023
  • Table 10 NBO Company Shares of Dairy Products and Alternatives: % Value 2019-2023
  • Table 11 LBN Brand Shares of Dairy Products and Alternatives: % Value 2020-2023
  • Table 12 Penetration of Private Label by Category: % Value 2018-2023
  • Table 13 Distribution of Dairy Products and Alternatives by Format: % Value 2018-2023
  • Table 14 Forecast Sales of Dairy Products and Alternatives by Category: Value 2023-2028
  • Table 15 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources