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According to the latest data, the market size of the ice cream industry in Malaysia is expected to rise by USD 118.9 million with a CAGR of 6.1% by the end of 2029. Economic expansion in the country has led to increased disposable incomes for residents, making ice cream more accessible to a broader consumer base. The middle class, in particular, has shown a significant increase in demand for these desserts. Urbanization has brought more people into cities with advanced retail infrastructure, facilitating easy access to ice cream through supermarkets, convenience stores, and specialty ice cream outlets. Additionally, manufacturers have introduced novel flavors and healthier choices, like low-fat and dairy-free ice creams, to meet the preferences of a diverse consumer market. These products attract health-conscious consumers who might otherwise avoid traditional ice creams.
The report provides a comprehensive overview of the Malaysia ice cream industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as type, product type, ingredient, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the ice cream industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the ice cream industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.
The ice cream market in Malaysia is segmented as below:
Type: dairy ice cream, water ice cream, and others (plant based ice cream)
Product type: impulse ice creams, take home ice creams, frozen yogurt, and others
Ingredient: fats and oils, milk, sweeteners, and others
Distribution channel: foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, e-commerce, and others
The Malaysia ice cream market is segmented on the basis of type, product type, ingredient, and distribution channel. Based on type, the ice cream market in Malaysia is categorized into dairy ice cream, water ice cream, and others (plant based ice cream). On the basis of product type, the ice cream market in Malaysia has been segmented into impulse ice creams, take home ice creams, frozen yogurt, and others. By ingredient, the ice cream market in Malaysia has been segmented into fats and oils, milk, sweeteners, and others. Based upon distribution channel, the ice cream market in Malaysia is categorized into foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, e-commerce, and others.
The prominent players operating in the Malaysia ice cream market include Unilever PLC, Thai Beverage Public Company Limited (ThaiBev), Regal Cream Products Pty. Ltd., Nestle S.A., Inspire Brands LLC, General Mills Inc.
The report is an indispensable tool for companies and organizations operating in the ice cream industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the ice cream market.
Provide statistical data or estimations for the Malaysia ice cream market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the ice cream market in Malaysia
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the ice cream market in Malaysia looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities
TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Malaysia Ice Cream Market – Type Analysis
3.1 Dairy ice cream
3.2 Water ice cream
3.3 Others (plant based ice cream)
4. Malaysia Ice Cream Market – Product Type Analysis
4.1 Impulse ice creams
4.2 Take home ice creams
4.3 Frozen yogurt
4.4 Others
5. Malaysia Ice Cream Market – Ingredient Analysis
5.1 Fats and oils
5.2 Milk
5.3 Sweeteners
5.4 Others
6. Malaysia Ice Cream Market – Distribution Channel Analysis
6.1 Foodservice channels
6.2 Convenience and forecourt stores
6.3 Supermarkets and hypermarkets
6.4 Small grocery stores
6.5 E-commerce
6.6 Others
7. Company Profiles
7.1 Unilever PLC
7.2 Thai Beverage Public Company Limited (ThaiBev)
7.3 Regal Cream Products Pty. Ltd.
7.4 Nestle S.A.
7.5 Inspire Brands LLC
7.6 General Mills, Inc.
DISCLAIMER
Unilever PLC
Thai Beverage Public Company Limited (ThaiBev)
Regal Cream Products Pty. Ltd.
Nestle S.A.
Inspire Brands LLC
General Mills, Inc.
Product Type | Industry Statistics |
---|---|
Release Date | May 2024 |
Base Year | 2023 |
Forecast Period | 2024-2029 |
Market Size | USD 118.9 Mn incremental growth between 2024 and 2029 |
Market Segments | Type, Product Type, Ingredient, Distribution Channel |
Region | Malaysia |
No. of Companies Mentioned | 6 |