Malaysia’s Confectionery & Snacks market values over MYR 5 billion in 2023 and is expected to grow at a CAGR of over 3%. It’s divided into segments: Chocolate (30%), Biscuits and Cookies (over 20%), Candy and Gum (over 15%), and Salty snacks (growing over 10%).
In Southeast Asia, the Confectionery & Snacks market exceeds USD 15 billion in 2023, expected to grow at a CAGR of over 5%. Similar drivers impact this broader market, with segments aligning closely with Malaysia’s market categories.
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- Euromonitor International, Malaysia Confectionery & Snacks Market Report, 2023: https://www.euromonitor.com/malaysia
- Mordor Intelligence, Malaysia Confectionery & Snacks Market Report, 2023: https://www.statista.com/outlook/40100000/122/confectionery-snacks/malaysia
- Euromonitor International, Southeast Asia Confectionery & Snacks Market Report, 2023: https://www.statista.com/outlook/dmo/ecommerce/food/confectionery-snacks/worldwide
- Mordor Intelligence, Southeast Asia Confectionery & Snacks Market Report, 2023: https://www.statista.com/outlook/dmo/ecommerce/food/confectionery-snacks/worldwide