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The Malaysian agriculture, food and beverages market is a significant sector of the country's economy, contributing to approximately 10% of GDP. The sector is expected to grow at a CAGR of 7.10% from 2023 to 2028, driven by factors such as rising disposable incomes, urbanization, and increasing demand for processed and packaged foods.
The Malaysian government is a major procurer of agriculture, food and beverages products and services. In 2022, the government spent approximately RM20 billion on agriculture, food and beverages procurement. The government procures a wide range of products and services, including fresh and processed food, agricultural inputs, and machinery and equipment.
The main products and services procured by the Japanese government include:
Food: The Japanese government procures a wide range of food products, including rice, wheat, vegetables, fruits, meat, and dairy products.
Beverages: The Japanese government procures a wide range of beverages, including alcoholic and non-alcoholic beverages.
Agricultural machinery and equipment: The Japanese government procures a wide range of agricultural machinery and equipment, including tractors, harvesters, and irrigation systems.
Main Agriculture, Food and Beverages Products and Services Procured by Japan Government
Fresh and processed food: The government procures a wide variety of fresh and processed food, including rice, vegetables, fruits, meat, poultry, and fish.
Agricultural inputs: The government procures agricultural inputs such as fertilizers, pesticides, and seeds.
Machinery and equipment: The government procures machinery and equipment for agricultural production and processing.
Top Authorities for Malaysia Agriculture, Food and Beverages Procurement
Ministry of Agriculture and Food Industries (MAFI)
Ministry of Health (MOH)
Ministry of Domestic Trade and Consumer Affairs (KPDNHEP)
Ministry of International Trade and Industry (MITI)
Top Winners of Malaysia Agriculture, Food and Beverages Procurement
Felda Global Ventures Holdings Bhd
Sime Darby Bhd
Boustead Holdings Bhd
IOI Corporation Bhd
Wilmar International Ltd
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