Retail sales of processed meat, seafood, and alternatives will progressively improve in volume terms during the forecast period. Rising disposable incomes will boost growth as the Malaysian government attempts to address cost-of-living changes by creating new job opportunities and improving wages.
Over the forecast period, local producers will continue to face squeezed profit margins due to high operational costs. In frozen poultry, for example, the country’s reliance on imported chicken feed, the supply of which continues to be affected by the ongoing war in Ukraine, will have an impact on production costs.
Given the rising consumer interest in plant-based, vegetarian and flexitarian diets, there will be considerable scope for the further development of frozen meat and seafood substitutes over the forecast period. Plant-based meats are lower in saturated fat and cholesterol compared to traditional meat products and have a lower impact on the environment.
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Understand the latest market trends and future growth opportunities for the Processed Meat, Seafood and Alternatives to Meat industry in Malaysia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Processed Meat, Seafood and Alternatives to Meat industry in Malaysia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Processed Meat, Seafood and Alternatives to Meat
This is the aggregation of processed meat, processed seafood and meat and seafood substitutes.
See All of Our DefinitionsThis report originates from Passport, our Processed Meat, Seafood and Alternatives to Meat research and analysis database.
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