Product Code: ETC218006 | Publication Date: Aug 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Malaysia Canned Food market currently, in 2023, has witnessed an HHI of 3658, Which has increased moderately as compared to the HHI of 1017 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The canned food market in Malaysia has witnessed a consistent and stable demand over the years. Canned food products like fruits, vegetables, soups, and ready-to-eat meals are favored for their convenience and longer shelf life. The market is expected to continue growing due to the busy lifestyles of consumers, who seek quick and easy meal solutions. Additionally, the COVID-19 pandemic has further emphasized the importance of canned foods as consumers look for pantry staples with longer shelf life. To stay competitive, canned food manufacturers in Malaysia will need to address concerns related to food quality, nutritional value, and environmentally friendly packaging materials to align with growing sustainability trends.
The Malaysia canned food market is witnessing steady growth due to changing consumer preferences and the convenience offered by canned products. Factors such as busy lifestyles, urbanization, and the need for longer shelf life products have driven the demand for canned foods in the country. Additionally, the COVID-19 pandemic further boosted the market as consumers stocked up on non-perishable items. The growing awareness of the nutritional value of canned fruits and vegetables has also contributed to market expansion. However, challenges like sustainability concerns and increasing competition from fresh and frozen alternatives need to be addressed.
The canned food market in Malaysia faces several challenges, including concerns about food quality and safety. Consumers are becoming more discerning and are seeking healthier options with minimal additives and preservatives. Meeting these demands while ensuring the long shelf life of canned products can be challenging. Moreover, environmental concerns around packaging waste are driving the need for sustainable packaging solutions, which can increase production costs. Intense competition among canned food brands and the emergence of private label products in supermarkets further add to the challenges. To succeed, companies must prioritize product quality, invest in sustainable packaging, and adapt to changing consumer preferences.
The Malaysia canned food market faced various challenges amid the pandemic. Initially, panic buying and stockpiling led to increased sales of canned food products as consumers sought non-perishable items. However, supply chain disruptions and labor shortages affected production and distribution. There were also concerns about the safety of canned products, particularly in terms of sterilization and packaging. The market had to adapt by implementing stringent safety measures and increasing transparency in labeling and quality assurance. As the pandemic unfolded, consumer preferences shifted, with an increased focus on healthier and more diverse canned food options.
The Malaysia Canned Food market features a competitive landscape.Some of the prominent names include Ayam Brand, Del Monte, Hormel Foods, and Campbell Soup Company. These companies offer a wide range of canned food products, including fruits, vegetables, meats, and ready-to-eat meals, meeting the diverse demands of Malaysia consumers.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Canned Food Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Canned Food Market Revenues & Volume, 2020 & 2030F |
3.3 Malaysia Canned Food Market - Industry Life Cycle |
3.4 Malaysia Canned Food Market - Porter's Five Forces |
3.5 Malaysia Canned Food Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 Malaysia Canned Food Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.7 Malaysia Canned Food Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Malaysia Canned Food Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Canned Food Market Trends |
6 Malaysia Canned Food Market, By Types |
6.1 Malaysia Canned Food Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Canned Food Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 Malaysia Canned Food Market Revenues & Volume, By Canned meat & seafood, 2020-2030F |
6.1.4 Malaysia Canned Food Market Revenues & Volume, By Canned fruit & vegetables, 2020-2030F |
6.1.5 Malaysia Canned Food Market Revenues & Volume, By Canned ready meals, 2020-2030F |
6.1.6 Malaysia Canned Food Market Revenues & Volume, By Others, 2020-2030F |
6.2 Malaysia Canned Food Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Canned Food Market Revenues & Volume, By Organic, 2020-2030F |
6.2.3 Malaysia Canned Food Market Revenues & Volume, By Conventional, 2020-2030F |
6.3 Malaysia Canned Food Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Canned Food Market Revenues & Volume, By Supermarket/Hypermarket, 2020-2030F |
6.3.3 Malaysia Canned Food Market Revenues & Volume, By Convenience stores, 2020-2030F |
6.3.4 Malaysia Canned Food Market Revenues & Volume, By E-commerce, 2020-2030F |
6.3.5 Malaysia Canned Food Market Revenues & Volume, By Others, 2020-2030F |
7 Malaysia Canned Food Market Import-Export Trade Statistics |
7.1 Malaysia Canned Food Market Export to Major Countries |
7.2 Malaysia Canned Food Market Imports from Major Countries |
8 Malaysia Canned Food Market Key Performance Indicators |
9 Malaysia Canned Food Market - Opportunity Assessment |
9.1 Malaysia Canned Food Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 Malaysia Canned Food Market Opportunity Assessment, By Type, 2020 & 2030F |
9.3 Malaysia Canned Food Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Malaysia Canned Food Market - Competitive Landscape |
10.1 Malaysia Canned Food Market Revenue Share, By Companies, 2023 |
10.2 Malaysia Canned Food Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |