Product Code: ETC384206 | 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 Poultry market currently, in 2023, has witnessed an HHI of 3329, Which has increased slightly as compared to the HHI of 2257 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 poultry market in Malaysia remains a significant component of the country`s food industry. It continues to show resilience and growth, driven by the high demand for chicken and eggs, which are staple foods in the Malaysia diet. Factors such as population growth and changing dietary preferences are expected to sustain the poultry market`s positive outlook.
The poultry market in Malaysia is expected to continue its growth trajectory in the coming years. Several factors are driving this expansion. First, poultry is a popular and affordable source of protein for the Malaysia population, which has been steadily increasing. Rising income levels and urbanization are further driving poultry consumption. Additionally, the government`s support for the domestic poultry industry through initiatives such as subsidies and biosecurity measures is expected to bolster production. The ongoing shift towards healthier eating habits is also contributing to the demand for poultry products as they are perceived as a leaner and healthier protein source.
The poultry market in Malaysia remains a staple in the nation`s protein consumption. Despite strong domestic demand, the industry faces challenges related to disease outbreaks, stringent hygiene regulations, and increasing production costs. Additionally, competition from imported poultry products and consumer concerns about antibiotic use in poultry farming require continuous adaptation within the sector.
The poultry market in Malaysia is anticipated to remain strong. Poultry is a popular and affordable source of protein in the country. Despite challenges related to disease outbreaks and fluctuating feed prices, the demand for poultry products is expected to remain resilient.
The poultry market in Malaysia remains a crucial segment of the country`s agricultural landscape. It continues to witness steady growth, fueled by factors such as population expansion and rising disposable incomes. Key players in the industry comprise of major poultry producers like Cargill, Malayan Flour Mills, and Leong Hup International. These entities have a significant footprint in the market, with vertically integrated operations spanning from poultry farming to processing and distribution.