"Malaysia Food & Drink Report Q1 2015" is now available at Fast Market Research

The Malaysian economy's strong real GDP growth during 2014, which we forecast reaching 4.4% for the full-year, was driven by strong exports and increased domestic consumption. Proposed changes to the country's fuel subsidy scheme and the introduction in April 2015 of a 6% goods and services tax (GST) are likely to produce a slowdown in domestic consumption. However, these changes will have a positive impact on long-term fiscal discipline by reducing expenditure and increasing government revenue. BMI maintains its view that, across the forecast period, inflation should remain manageable and continued strong real GDP growth is to be expected.

Headline Industry Data

Full Report Details at
- http://www.fastmr.com/prod/900736_malaysia_food_drink_report_q1_2015.aspx?afid=301

* 2014 total food consumption sales growth (local currency): +3.0%; compound annual growth rate (CAGR) 2013-2018: +3.1%.
* 2014 per capita food consumption sales growth (local currency): +1.4%; CAGR 2013-2018: +1.6%.
* 2014 total soft drinks value sales growth (local currency): +4.1%; CAGR 2013-2018: +3.8%.
* 2014 total MGR value sales growth (local currency): +10.6%; CAGR 2013-2018: +8.4%.

Key Industry Trends

Tesco Malaysia Launches Its ' Everyday Value ' Range: Following a MYR2mn investment in the reformulation and repackaging of more than 400 everyday essential grocery items, Tesco launched its 'Everyday Value' range in Malaysia in June 2014. This marks the culmination of a project that started in April 2013 and resulted in 70 Malaysian suppliers developing and producing the range for the supermarket giant. The products are not only locally sourced but are certified by the local halal authority and are now available in all 49 of the retailer's stores.

Parkson Holdings ' Expansion Plans Become Clearer: Xtra hypermarkets owner, Parkson Holdings Bhd, made a number of announcements during the summer of 2014 relating to its expansionist strategy. The Sun Daily reported in May that Parkson was going to start building its own shopping malls, with one each in Cambodia, China and Malaysia.

Domino's...

The Malaysia Food & Drink Report features Business Monitor International (BMI)'s market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

BMI's Malaysia Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Malaysia.

Key Benefits

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