Malaysia Cordial Drink Market Introduction and Overview
According to SPER Market Research, the Malaysia Cordial Drink Market is estimated to reach USD XX billion by 2033 with a CAGR of 4.04%.
The report includes an in-depth analysis of the Malaysia Cordial Drink Market, including market size and trends, product mix, distribution channels, and supplier analysis. A cordial drink is a sweetened syrup, tonic, or non-alcoholic drink that is typically fruit-flavored. The drink's basic constituents are fruit juice, water, and sugar or a sugar alternative. These non-alcoholic fruit drink concentrates contain food coloring and extra flavors and can be used to make beverages.
- Alcohol consumption is projected to fall in 2020 as a result of the pandemic's change in consumer purchasing patterns toward necessities. Meanwhile, the food and beverage sector is predicted to grow positively, assisted by the economic recovery beginning in 2020, which is expected to guide the expansion of Malaysia's cordial drink industry. Furthermore, the growing popularity of these drinks among millennials, as well as rising health concerns, are likely to favor the industry's expansion during the projection period.
Market Opportunities and Challenges
Malaysia's cordial drink business offers both large market possibilities and significant market challenges. In terms of opportunities, the industry is buoyed by a growing customer preference for convenience and diversity in beverages. Cordial drinks offer a practical and varied option for on-the-go consumption and mixing as urbanization and hectic lifestyles continue to shape consumer tastes. Furthermore, Malaysia's multicultural populace contributes to a diversified flavor demand, allowing manufacturers to develop and appeal to a wide range of tastes. Increased health consciousness also benefits the market, as brands that offer natural and healthier ingredients can capitalize on the desire for better-for-you beverages.
However, the Malaysian cordial drink market confronts a number of challenges. One of the most pressing issues is the growing worry about sugar content and its influence on health. As consumers become more health-conscious, there is a greater demand for low-sugar or sugar-free options. Brands must negotiate this trend by developing goods with lower sugar content while maintaining taste. Labeling, advertising, and health claims regulations pose additional obstacles, since producers must maintain compliance with changing regulations.
Market Competitive Landscape
Product innovation, price tactics, distribution networks, and marketing activities all affect the competitive landscape. Companies in this industry must deal with shifting consumer preferences, health-conscious attitudes, and evolving regulatory constraints. Some of the market companies are Fraser and Neave, Limited, Jalen Sdn. Bhd., K.H.H. Double Lion Fruit Juice Manufacturing SDN. BHD, Orange Crush (M) Sdn. Bhd.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Flavour, By Nature, By Type, By Packaging, By Distribution Channel
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Regions covered | Eastern Region, Southern Region, Western Region, Northern Region
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Companies Covered | Fraser and Neave, Limited, Jalen Sdn. Bhd., K.H.H. Double Lion Fruit Juice Manufacturing SDN. BHD, Orange Crush (M) Sdn. Bhd., Others, Red Horse Fruit Juice Manufacturers SDN. BHD., Suntory Beverage Food & Asia.
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COVID-19 Impact on Malaysia Cordial Drink Market
On the one hand, the closure of restaurants, cafes, and entertainment venues led in a decrease in out-of-home consumption, which impacted cordial drink sales in such locations. This drop, however, was largely offset by an increase in demand for products that could be enjoyed at home. Cordial drinks gave a diverse alternative for producing beverages and mocktails as more people cooked and prepared meals at home, resulting in a shift in consumption from the commercial sector to households.
Key Target Audience
- Families and Households
- Children and Teens
- Cafes and Restaurants
- Social Gatherings and Events
Our in-depth analysis of the Malaysia Cordial Drink Market includes the following segments:
By Flavour:
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Orange
Apple
Lime/Lemon
Strawberry
Peach
Blackcurrant
Mixed Fruit
Blueberry
Others
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By Nature:
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Organic
Conventional
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By Type:
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Sugar Free
Regular
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By Packaging:
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PET Bottle
Glass Bottle
Aluminium Cans
Others
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By Distribution Channel:
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Supermarkets/Hypermarkets
Convenience Stores
Online Retail
Others
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Key Topics Covered in the Report
- Malaysia Cordial Drink Market Size (FY’2023-FY’2033)
- Overview of Malaysia Cordial Drink Market
- Segmentation of Malaysia Cordial Drink Market By Flavour (Orange, Apple, Lime/Lemon, Strawberry, Peach, Blackcurrant Mixed Fruit Blueberry, Others)
- Segmentation of Malaysia Cordial Drink Market By Nature (Organic, Conventional)
- Segmentation of Malaysia Cordial Drink Market By Type (Sugar Free)
- Segmentation of Malaysia Cordial Drink Market By Packaging (PET Bottle, Glass Bottle, Aluminium Cabs)
- Segmentation of Malaysia Cordial Drink Market By Distribution Channel (Supermarket/Hypermarkets, Convenience Stores, Online Retail, Others.)
- Statistical Snap of Malaysia Cordial Drink Market
- Expansion Analysis of Malaysia Cordial Drink Market
- Problems and Obstacles in Malaysia Cordial Drink Market
- Competitive Landscape in the Malaysia Cordial Drink Market
- Impact of COVID-19 and Demonetization on Malaysia Cordial Drink Market
- Details on Current Investment in Malaysia Cordial Drink Market
- Competitive Analysis of Malaysia Cordial Drink Market
- Prominent Players in the Malaysia Cordial Drink Market
- SWOT Analysis of Malaysia Cordial Drink Market
- Malaysia Cordial Drink Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Malaysia Cordial Drink Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Malaysia Cordial Drink Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Malaysia Cordial Drink Market
7. Malaysia Cordial Drink Market, By Flavour (USD Million)
7.1. Malaysia Cordial Drink Market Value Share and Forecast, By Flavour, 2023-2033
7.2. Orange
7.3. Apple
7.4. Lime/Lemon
7.5. Strawberry
7.6. Peach
7.7. Blackcurrant
7.8. Mixed Fruit
7.9. Blueberry
7.10. Others
8. Malaysia Cordial Drink Market, By Nature (USD Million)
8.1. Malaysia Cordial Drink Market Value Share and Forecast, By Nature, 2023-2033
8.2. Organic
8.3. Conventional
9. Malaysia Cordial Drink Market, By Type (USD Million)
9.1. Malaysia Cordial Drink Market Value Share and Forecast, By Type, 2023-2033
9.2. Sugar Free
9.3. Regular
10. Malaysia Cordial Drink Market, By Packaging (USD Million)
10.1. Malaysia Cordial Drink Market Value Share and Forecast, By Packaging, 2023-2033
10.2. PET Bottle
10.3. Glass Bottle
10.4. Aluminium Cans
10.5. Others
11. Malaysia Cordial Drink Market, By Distribution Channel (USD Million)
11.1. Malaysia Cordial Drink Market Value Share and Forecast, By Distribution Channel, 2023-2033
11.2. Supermarkets/Hypermarkets
11.3. Convenience Stores
11.4. Online Retail
11.5. Others
12. Malaysia Cordial Drink Market Forecast, 2019-2033 (USD Million)
12.1. Malaysia Cordial Drink Market Size and Market Share
13. Malaysia Cordial Drink Market, By Flavour, 2019-2033 (USD Million)
13.1. Malaysia Cordial Drink Market Size and Market Share By Flavour (2019-2026)
13.2. Malaysia Cordial Drink Market Size and Market Share By Flavour (2027-2033)
14. Malaysia Cordial Drink Market, By Nature, 2019-2033 (USD Million)
14.1. Malaysia Cordial Drink Market Size and Market Share By Nature (2019-2026)
14.2. Malaysia Cordial Drink Market Size and Market Share By Nature (2027-2033)
15. Malaysia Cordial Drink Market, By Type, 2019-2033 (USD Million)
15.1. Malaysia Cordial Drink Market Size and Market Share By Type (2019-2026)
15.2. Malaysia Cordial Drink Market Size and Market Share By Type (2027-2033)
16. Malaysia Cordial Drink Market, By Packaging, 2019-2033 (USD Million)
16.1. Malaysia Cordial Drink Market Size and Market Share By Packaging (2019-2026)
16.2. Malaysia Cordial Drink Market Size and Market Share By Packaging (2027-2033)
17. Malaysia Cordial Drink Market, By Distribution Channel, 2019-2033 (USD Million)
17.1. Malaysia Cordial Drink Market Size and Market Share By Distribution Channel (2019-2026)
17.2. Malaysia Cordial Drink Market Size and Market Share By Distribution Channel (2027-2033)
18. Malaysia Cordial Drink Market, By Region, 2019-2033 (USD Million)
18.1. Malaysia Cordial Drink Market Size and Market Share By Region (2019-2026)
18.2. Malaysia Cordial Drink Market Size and Market Share By Region (2027-2033)
18.3. Eastern Region
18.4. Southern Region
18.5. Western Region
18.6. Norther Region
19. Company Profile
19.1. Fraser and Neave, Limited
19.1.1. Company details
19.1.2. Financial outlook
19.1.3. Product summary
19.1.4. Recent developments
19.2. Jalen Sdn. Bhd.
19.2.1. Company details
19.2.2. Financial outlook
19.2.3. Product summary
19.2.4. Recent developments
19.3. K.H.H. Double Lion Fruit Juice Manufacturing SDN. BHD
19.3.1. Company details
19.3.2. Financial outlook
19.3.3. Product summary
19.3.4. Recent developments
19.4. Orange Crush (M) Sdn. Bhd.
19.4.1. Company details
19.4.2. Financial outlook
19.4.3. Product summary
19.4.4. Recent developments
19.5. Red Horse Fruit Juice Manufacturers SDN. BHD.
19.5.1. Company details
19.5.2. Financial outlook
19.5.3. Product summary
19.5.4. Recent developments
19.6. Suntory Beverage Food & Asia
19.6.1. Company details
19.6.2. Financial outlook
19.6.3. Product summary
19.6.4. Recent developments
19.7. Others
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope