The Beverages Industry's contribution to Malaysia's GDP is forecasted to stand at 0.3% in 2024, followed by a consistent 0.2% from 2025 to 2028. In 2023, this contribution was 0.3%. This indicates a year-on-year decline of roughly 33% from 2024 to 2025, after which the contribution stabilizes. Over the five-year period from 2024 to 2028, the CAGR reflects a slight downward trend.
Future trends to watch for include:
- Potential shifts in consumer preferences toward healthier options.- Regulatory changes impacting the industry.- Technological advancements in production and distribution.- Economic factors affecting disposable income and spending on beverages.
