Malaysia Ice Cream Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026
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The ice cream market in Malaysia was valued at $220.9 million in 2021. The market is projected to grow at a CAGR of more than 4% during the forecast period. Take-home and bulk ice cream was the largest category in the market both in terms of value and volume. Moreover, the impulse ice cream – single serve category is forecast to register the fastest growth in value and volume terms. Hypermarkets and supermarkets were the largest distribution channel in the Malaysian ice cream sector and flexible packaging was the most used pack material followed by paper and board and rigid plastic.
The Malaysia ice cream market report provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares.
Malaysia ice cream market overview
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What is the city-wise outlook of the Malaysia ice cream market?
The top four cities in the Malaysian ice cream market are Kuala Lumpur, Penang, Johor Bahru, and Kuching. Kuala Lumpur emerged as the largest ice cream market followed by Penang and Johor Bahru. Impulse ice cream – single-serve is the second largest category by consumption across the leading cities in Malaysia.
Malaysia ice cream market, by city
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What are the key categories in the Malaysia ice cream market?
The key categories in the ice cream market in Malaysia are artisanal ice cream, impulse ice cream – single serve, and take-home and bulk ice cream. Take-home and bulk ice cream led the Malaysian ice cream sector in terms of per capita consumption in 2021, followed by impulse ice cream – single serve and artisanal ice cream. Both impulse ice cream – single serve and take-home and bulk ice cream can be further divided into dairy-based and water-based. In both cases, the dairy-based sub-segment occupied the larger part of the market in 2021.
Malaysia ice cream market, by category
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What are the key distribution channels in the Malaysia ice cream market?
The key distribution channels in the ice cream market in Malaysia are hypermarkets and supermarkets, food and drinks specialists, convenience stores, and dollar stores. Hypermarkets and supermarkets dominated the market and dollar stores accounted for the least market value.
Malaysia ice cream market, by distribution channel
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Which are the key companies in the Malaysia ice cream market?
The key companies in the Malaysian ice cream market are Unilever, Froneri International Ltd, F&N Foods Pte Ltd, San Miguel Corporation, and Nestle S.A. Unilever was the leading company both in value and volume terms.
Malaysia ice cream market, by key companies
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Market report scope
Market size (Year – 2021) | $220.9 million |
Growth rate | CAGR of >4% |
Forecast period | 2021-2026 |
Key cities | Kuala Lumpur, Penang, Johor Bahru, and Kuching |
Key categories | Artisanal Ice Cream, Impulse Ice Cream – Single Serve, and Take-Home and Bulk Ice Cream |
Key distribution channels | Hypermarkets and Supermarkets, Food and Drinks Specialists, Convenience Stores, and Dollar Stores |
Key companies | Unilever, Froneri International Ltd, F&N Foods Pte Ltd, San Miguel Corporation, and Nestle S.A. |
This report provides:
- Per capita consumption and expenditure of ice cream was higher in Malaysia than the regional levels in 2021
- The per capita consumption of take-home and bulk ice cream was higher than other ice cream categories in Malaysia in 2021
- Hypermarkets & supermarkets is the leading distribution channel in the Malaysia ice cream sector
Reasons to Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis.
- Analyze key distribution channels to identify and evaluate trends and opportunities.
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning.
- Significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion.
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector.
- Analysis of key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate). It also includes an economic summary of the country along with the labor market and demographic trends.
Froneri International Ltd
F&N Foods Pte Ltd
San Miguel Corporation
Nestle S.A.
Table of Contents
Table
Figures
Frequently asked questions
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What was the Malaysia ice cream market size in 2021?
The ice cream market size in Malaysia was valued at $220.9 million in 2021.
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What is the Malaysia ice cream market growth rate?
The ice cream market in Malaysia is projected to grow at a CAGR of more than 4% during the forecast period.
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Which are the key cities in the Malaysia ice cream market?
The top four cities in the Malaysian ice cream sector are Kuala Lumpur, Penang, Johor Bahru, and Kuching.
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What are the key categories in the Malaysia ice cream market?
The key categories in the ice cream market in Malaysia are artisanal ice cream, impulse ice cream – single serve, and take-home and bulk ice cream.
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What are the key distribution channels in the Malaysia ice cream market?
The key distribution channels in the ice cream market in Malaysia are hypermarkets and supermarkets, food and drinks specialists, convenience stores, and dollar stores.
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Which are the key companies in the Malaysia ice cream market?
The key ice cream companies in Malaysia are Unilever, Froneri International Ltd, F&N Foods Pte Ltd, San Miguel Corporation, and Nestle S.A.
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