Forecast: Beer Non-food Uses in Malaysia

The data from 2014 to 2024 for beer non-food uses in Malaysia, expressed in Thousand Metric Tons, depicts a stable trend with minor fluctuations. In 2023, the volume stood consistently at 3.0 thousand metric tons. The year-on-year variations show stability from 2019 to 2023, holding at 3.0 thousand metric tons. The period from 2014 to 2023 had variations with notable trends: a 33.33% increase in 2015, followed by stability until 2017 and a significant drop by 25% in 2018. From 2019 through now, the values remained steady.

The forecast for 2024 to 2028 suggests a continued stability with a 0% compound annual growth rate (CAGR) and no expected growth change.

Trends to watch for include any changes in domestic policies, consumer habits, and industrial demands that could impact the non-food uses of beer, along with shifts in raw material availability and advancements in alternative materials or technologies.

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