The Malaysian drinks market is expected to grow at 5.4% CAGR from 2023 to 2028, reaching MYR 32.3 billion by 2028. Non-alcoholic drinks dominate, contributing over 70% in 2022, led by bottled water, ready-to-drink tea, and energy drinks. Alcoholic drinks follows, accounting for over 25%, driven by beer and wine popularity among the younger population.
Southeast Asia’s drinks market is expected to grow at a 6.2% CAGR, reaching USD 96.4 billion by 2028. Similar drivers to Malaysia impact this market.
Step into the thriving drinks market landscape! Uncover untapped opportunities, embrace innovation, and expand your reach in both Malaysia and Southeast Asia. It’s time to seize the momentum and steer your business towards growth in this dynamic market!
- Market Research Update – Malaysia Soft Drinks Market 2023: Remarking Enormous Growth with Recent Trends & Demand: https://www.linkedin.com/pulse/malaysia-soft-drinks-market-growth-2022-industry-key-2032-shrivastav
- Euromonitor International – Asian Speciality Drinks in Malaysia Country Sector Briefing: https://www.euromonitor.com/asian-speciality-drinks
- DataSpring – Malaysia’s Love for Milo: https://www.d8aspring.com/eye-on-asia/malaysias-love-for-milo
- GII Research – Research Report on Southeast Asia Energy Drink Industry 2023-2032: https://www.giiresearch.com/report/cri1259909-research-report-on-southeast-asia-energy-drink.html
