Forecast: Vegetables Market Size Volume Per Capita in Malaysia

The forecast for the vegetables market size volume per capita in Malaysia indicates a gradual decline from 67.68 kg in 2024 to 66.91 kg in 2028. In 2023, the volume stood at 68.00 kg per capita. When analyzing the year-on-year variations from 2024 to 2028, there is a consistent decrease in per capita consumption, reflecting slight but steady downward trends. Over the past two years, from 2022 to 2023, there was a minimal decline of around 0.99%. The Compound Annual Growth Rate (CAGR) over the next five years is projected to be around -0.25%, indicating a marginal annual drop in vegetable consumption per capita.

Future trends to watch for in the Malaysian vegetables market include potential influences from health awareness campaigns, shifts in dietary patterns towards plant-based diets, and economic factors that could impact consumer spending power on fresh produce. Monitoring these variables will be essential for understanding and potentially reversing the declining trend in per capita vegetable consumption.