The ice cream in Malaysia market is expected to increase by USD 118.9 million, at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2029, according to the latest edition of the Ice Cream Market in Malaysia Report. 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 analysis of the Malaysia ice cream industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as type, product type, ingredient, and distribution channel. The insights gained from this evaluation help reveal the growth potential within the ice cream sector.
Market Segmentation
The segmentation of the ice cream market in Malaysia is outlined below:
Type: dairy ice cream, water ice cream, others (plant based ice cream)
Product type: impulse ice creams, take home ice creams, frozen yogurt, others
Ingredient: fats and oils, milk, sweeteners, others
Distribution channel: foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, e-commerce, 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 also categorized into foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, e-commerce, and others.
Competitive Landscape
Top players covered in Malaysia Ice Cream Market Study are Unilever PLC, Thai Beverage Public Company Limited (ThaiBev), Regal Cream Products Pty. Ltd., Nestle S.A., Inspire Brands LLC, General Mills Inc.
The report offers a comprehensive review of the Malaysia ice cream market, focusing on key players’ performance over the 2019-2023 period. The information highlights shifts in market share, identifying both established market leaders and emerging players. By utilizing this data, businesses can enhance their competitive positioning, refining their strategies to better navigate a competitive and evolving market landscape.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Malaysia ice cream market.
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.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewMalaysia 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 (ThaiBev)
– Regal Cream Products Pty. Ltd.
– Nestle S.A.
– Inspire Brands LLC
…
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)