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Malaysia Food and Drink Report Q3 2015

117 Pages BMI Research April 22, 2015 SKU: BMI5535958

Malaysia Food and Drink Report Q3 2015

BMI View: The Malaysian economy's strong real GDP growth during 2014, which we estimate reached5.8% for the full-year, was driven by strong exports and increased domestic consumption. Proposedchanges to the country's fuel subsidy scheme and the introduction in April 2015 of a 6% goods and servicestax (GST) are likely to produce a slowdown in domestic consumption. However, these changes will have apositive 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 continuedstrong real GDP growth is to be expected, forecast to come in at 4.2% in 2015.

Headline Industry Data

2015 total food consumption sales growth (local currency): +3.7%; compound annual growth rate(CAGR) 2014-2019: +3.3%.

2015 per capita food consumption sales growth (local currency): +2.1%; CAGR 2014-2019: +1.9%.

2015 total soft drinks value sales growth (local currency): +4.0%; CAGR 2014-2019: +3.8%.

2015 total MGR value sales growth (local currency): +9.2%; CAGR 2014-2019: +7.8%.

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Malaysia Food and Drink Report Q3 2015

BMI Research
April 22, 2015

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