Forecast: Meat Demand in Malaysia

In 2023, Malaysia’s meat demand stood at 2.01 million metric tons. Over the past decade, the demand has shown moderate fluctuations, with significant declines in 2016 and 2020, where the values dropped by 2.33% and 4.81% year-on-year, respectively. From 2018 onwards, there was a general upward trend, with meat demand reaching its highest at 2.02 million metric tons in 2025-2026.

Recent years have seen minimal variation, with a 0.15% increase in 2023 and a 0.07% compound annual growth rate (CAGR) over the last five years. Future forecasts predict continued stability, with a 0.14% CAGR and a 0.7% growth rate over the next five years, expecting to reach 2.03 million metric tons by 2028.

Future trends to watch for:

• Influence of dietary shifts towards plant-based proteins.
• Impact of economic changes on consumer purchasing power and meat consumption habits.
• Effects of government policies and health advisories on meat consumption.