Malaysia Foodservice Market Size and Trends by Profit and Cost Sector Channels, Consumers, Locations, Key Players, and Forecast, 2021-2026
Malaysia foodservice market size was $15.2 billion in 2021. The market is expected to grow at a CAGR of more than 9% during the period 2021-2026. Malaysia foodservice market research report provides extensive insight and analysis of the Malaysian Foodservice market over the next five years (2021-2026) and acts as a vital point of reference for operators or suppliers.
Since March 2020, profit sector channels were either operating under restrictions or were closed, leading to decreased dine-in occasions in the sector. Home deliveries and take-aways were permitted during the lockdown restrictions, though dine-in services were prohibited. Therefore, deliveries and take-aways played a significant role in the sector and partially cushioned the fall in 2021.
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What are the key channels in the Malaysia foodservice market?
The key channels in the Malaysia foodservice market are full-service restaurants (FSR), quick-service restaurants (QSR), pub, club & bar, coffee & tea shop, accommodation, retail, leisure, workplace, travel, ice-cream parlor, and mobile operator. FSR has the highest value share among all the other channels in the Malaysia foodservice market. This reflects the Malaysian consumers’ preference for a more traditional style of foodservice, which has been slower to respond to global trends towards convenience and more informal, casual dining experiences.
Malaysia foodservice market, by channels
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What are the key companies in the Malaysia foodservice market?
The key companies in the Malaysia foodservice market are McDonald’s Corporation, Yum! Brands Inc., Doctor’s Associates Inc., Domino’s Pizza Inc., Marrybrown Sdn. Bhd., Secret Recipe Cakes & Café Sdn Bhd, Sushi King Sdn Bhd, OldTown Berhad, TCRS Restaurants Sdn Bhd, Loob Holding, and others.
Market report overview
| Market size 2021 | $15.2 billion |
| CAGR% (2021-2026) | >9% |
| Key channels | Full-Service Restaurants (FSR), Quick-Service Restaurants (QSR), Pub, Club & Bar, Coffee & Tea Shop, Accommodation, Retail, Leisure, Workplace, Travel, Ice-Cream Parlor, and Mobile Operator |
| Key companies | McDonald’s Corporation, Yum! Brands Inc., Doctor’s Associates Inc., Domino’s Pizza Inc., Marrybrown Sdn. Bhd., Secret Recipe Cakes & Café Sdn Bhd, Sushi King Sdn Bhd, OldTown Berhad, TCRS Restaurants Sdn Bhd, Loob Holding, and Others |
Scope
The report includes-
- Overview of Malaysia’s macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on Malaysian foodservice market including GDP per capita, consumer price index, population growth, and annual household income distribution.
- Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR, and coffee & tea shop) within Malaysian foodservice market, including the value of the market, number of transactions, number of outlets, and average transaction price.
- Customer segmentation: identify the most important demographic groups, buying habits, and motivations that drive out-of-home meal occasions among segments of the Malaysian population.
- Key players: Overview of market leaders within the three major channels including business descriptions and number of outlets.
Reasons to Buy
- Specific forecasts of the foodservice market over the next five years (2021-2026) will give readers the ability to make informed business decisions through identifying emerging/declining markets.
- Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, Coffee & Tea Shop, and Pub, Club & Bar) will allow readers understand the wants and needs of their target demographics.
Key Players
Table of Contents
Frequently Asked Questions
Malaysia foodservice market size was valued at $15.2 billion in 2021.
The Malaysian food service market is expected to grow at a CAGR of more than 9% during the period 2021-2026.
The key channels in the foodservice market in Malaysia are full-service restaurants (FSR), quick-service restaurants (QSR), pub, club & bar, coffee & tea shop, accommodation, retail, leisure, workplace, travel, ice-cream parlor, and mobile operator.
The key companies in the foodservice market in Malaysia are McDonald’s Corporation, Yum! Brands Inc., Domino’s Pizza Inc., Doctor’s Associates Inc., Craveable Brands, Grill’d, Nando’s, Sushi Train, Urban Purveyor Group Pty Ltd, Minor DKL Food Group, Retail Food Group, Foodco Group Pty Ltd, Starbucks Corporation, La Kaffa International Co. Ltd., Merivale, MAdE Establishment, Vue Restaurants, and Melbourne Pub Group.
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