Malaysia Milk Market 2025

Anticipated to grow steadily, the Malaysia milk market is expected to rise from USD 943.2 million in 2024 to USD 1,307.9 million by 2030, with a CAGR of 5.6% throughout the forecast period. The Malaysia milk market is driven by a growing consumer demand for nutritious and health-oriented dairy products, fueled by increasing awareness of dietary wellness and a rising middle class. Malaysian consumers are increasingly turning to fortified, organic, and lactose-free milk options, reflecting broader trends towards health-conscious living. Additionally, the market benefits from government initiatives that support local dairy production and improve food safety standards, which help to ensure a steady supply of high-quality milk. The expansion of modern retail channels and the growth of e-commerce platforms further enhance market accessibility, allowing consumers to easily access a diverse range of milk products tailored to their evolving preferences.

Focused on delivering actionable insights, this report explores the Malaysia milk market, analyzing historical performance from 2020 to 2024 and providing forecasts up to 2030. It assesses market size, growth dynamics, and segment-specific trends, highlighting the factors driving change in the industry. By breaking down the market into product and distribution channel, the report equips decision-makers with a clear understanding of the competitive landscape and growth potential.

Market Segmentation

The following outlines the segmentation of the Malaysia milk market:
Product: cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, powdered milk
Distribution channel: convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, others

The Malaysia milk market is categorized by product and distribution channel. By product, the market features cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, and powdered milk. Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, and others.

Competitive Landscape

Key players dominating the milk market include Thai Beverage Public Company Limited, Royal FrieslandCampina N.V., Nestle S.A., Malaysia Dairy Industries Pvt. Ltd., Hybrid Allied Dairy Company Sdn Bhd, Fonterra Co-operative Group Limited, Farm Fresh Bhd. and Asahi Group Holdings Ltd. This report delivers an in-depth examination of leading companies in the milk sector, analyzing their performance from 2020 to 2024. The results indicate changes in market share, emphasizing both established leaders and new entrants.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Malaysia milk market.
Gain in-depth analysis and forecasts for the key segments of the Malaysia milk market: product and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Malaysia milk market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Malaysia milk market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Malaysia Milk Market – Product Analysis
Malaysia Milk Market – Distribution Channel Analysis
Company Shares Analysis
Thai Beverage Public Company Limited
Royal FrieslandCampina N.V.
Nestle S.A.
Malaysia Dairy Industries Pvt. Ltd.
Hybrid Allied Dairy Company Sdn Bhd
Fonterra Co-operative Group Limited
Farm Fresh Bhd.
Asahi Group Holdings, Ltd.
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table Malaysia Milk Market 2020-2030
Chart Malaysia Milk Market, Net Growth, 2020-2030
Chart Malaysia Milk Market, Growth Rates, 2020-2030
Table Malaysia Milk Market by Product, 2020-2030
Chart Malaysia Milk Market by Product, CAGR Historic and Forecast, 2020-2030
Chart Malaysia Milk Market by Product, 2020-2030
Table Malaysia Milk Market by Distribution Channel, 2020-2030
Chart Malaysia Milk Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Malaysia Milk Market by Distribution Channel, 2020-2030
Table Malaysia Milk Market Share (%), by Companies, 2020-2024
Chart Malaysia Milk Market, by Companies, 2024
Table Malaysia Milk Market Share (%), by Brands, 2020-2024
Chart Malaysia Milk Market, by Brands, 2024
Table Malaysia – Population (Millions) and Forecast
Table Malaysia – Consumer Price Index (CPI) and Forecast
Table Malaysia – Gross Domestic Product and Forecast
Table Malaysia Milk Market: Spend as a Proportion of GDP (%)
Table Malaysia Milk Market: Consumption per Capita (Population)

Companies Mentioned

Thai Beverage Public Company Limited
Royal FrieslandCampina N.V.
Nestle S.A.
Malaysia Dairy Industries Pvt. Ltd.
Hybrid Allied Dairy Company Sdn Bhd
Fonterra Co-operative Group Limited
Farm Fresh Bhd.
Asahi Group Holdings, Ltd.