A modest growth trajectory is forecasted for the Malaysia ice cream market, with an expected increase of USD 141.8 million and a compound annual growth rate (CAGR) of roughly 4.7% from 2024 through 2029. Malaysia’s ice cream market is witnessing strong growth, fueled by a youthful population and rising disposable incomes. There is an increasing interest in premium and artisanal ice creams, as consumers seek unique flavors and high-quality ingredients. Additionally, the hot and humid climate drives consistent demand for cold treats, contributing to the market’s steady expansion.
This report presents a detailed overview of the Malaysia ice cream industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like type, product type, ingredient and distribution channel. This detailed analysis supports the identification of growth opportunities within the ice cream industry.
Market Segmentation
The Malaysia ice cream market is structured as follows:
Type: dairy ice cream, water ice cream, others
Product type: impulse ice creams, plant-based ice creams, take-home ice creams
Ingredient: fats and oils, milk, sweeteners, others
Distribution channel: convenience stores, forecourt, supermarkets and hypermarkets, grocery stores, foodservice channels, e-commerce, others
The ice cream market in Malaysia is segmented based on type, product type, ingredient and distribution channel. By type, the market features dairy ice cream, water ice cream, and others. Product type segmentation includes impulse ice creams, plant-based ice creams, and take-home ice creams. Ingredient segments consist of fats and oils, milk, sweeteners, and others. Distribution channel segmentation includes convenience stores, forecourt, supermarkets and hypermarkets, grocery stores, foodservice channels, e-commerce, and others.
Competitive Landscape
The report profiles major companies, including Unilever PLC, Thai Beverage Public Company Limited, Regal Cream Products Pty. Ltd., Nestle S.A., Inspire Brands LLC and General Mills Inc. The report provides a detailed assessment of prominent companies within the ice cream market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Malaysia ice cream market.
Gain in-depth analysis and forecasts for the key segments of the Malaysia ice cream market: type, product type, ingredient 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 ice cream market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Malaysia ice cream 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
Report Scope
Research Methodology
Market Overview
Malaysia Ice Cream Market – Type Analysis
Malaysia Ice Cream Market – Product Type Analysis
Malaysia Ice Cream Market – Ingredient Analysis
Malaysia Ice Cream Market – Distribution Channel Analysis
Key Players and Market Share
– Unilever PLC
– Thai Beverage Public Company Limited
– Regal Cream Products Pty. Ltd.
– Nestle S.A.
– Inspire Brands LLC
– General Mills, Inc.
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Malaysia Ice Cream Market 2019-2029
Chart Malaysia Ice Cream Market, Net Growth, 2019-2029
Chart Malaysia Ice Cream Market, Growth Rates, 2019-2029
Table Malaysia Ice Cream Market by Type, 2019-2029
Chart Malaysia Ice Cream Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Malaysia Ice Cream Market by Type, 2019-2029
Table Malaysia Ice Cream Market by Product Type, 2019-2029
Chart Malaysia Ice Cream Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Malaysia Ice Cream Market by Product Type, 2019-2029
Table Malaysia Ice Cream Market by Ingredient, 2019-2029
Chart Malaysia Ice Cream Market by Ingredient, CAGR Historic and Forecast, 2019-2029
Chart Malaysia Ice Cream Market by Ingredient, 2019-2029
Table Malaysia Ice Cream Market by Distribution Channel, 2019-2029
Chart Malaysia Ice Cream Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Malaysia Ice Cream Market by Distribution Channel, 2019-2029
Table Malaysia Ice Cream Market Share (%), by Companies, 2019-2023
Chart Malaysia Ice Cream Market, by Companies, 2023
Table Malaysia Ice Cream Market Share (%), by Brands, 2019-2023
Chart Malaysia Ice Cream Market, by Brands, 2023
Table Malaysia – Population (Millions) and Forecast
Table Malaysia – Consumer Price Index (CPI) and Forecast
Table Malaysia – Gross Domestic Product and Forecast
Table Malaysia Ice Cream Market: Spend as a Proportion of GDP (%)
Table Malaysia Ice Cream Market: Consumption per Capita (Population)
Companies Mentioned
Unilever PLC
Thai Beverage Public Company Limited
Regal Cream Products Pty. Ltd.
Nestle S.A.
Inspire Brands LLC
General Mills, Inc.