Market Forecast By Type (Dry Pea And Bean Farming, Wheat Farming, Corn Farming, Rice Farming, Other Grain Farming), By Distribution Channel (Convenience Stores, Modern Trade, Online Retail) And Competitive Landscape
Product Code: ETC409702 | Publication Date: Oct 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Malaysia Grain Market |
Forecast period | 2025-2031 |
CAGR | 5.7% |
Growing Sector | Online Retail |
Malaysia Grain Market report thoroughly covers the market By Type and By Distribution Channel. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Malaysia Grain Market is growing sector, characterized by its diverse demand and reliance on imports. Rice is a staple food in the country, generating a significant portion of domestic grain consumption. However, country’s agricultural sector does not produce enough rice to meet its population's needs, leading to substantial imports from neighboring countries. Besides rice, the nation has seen a growing interest in alternative grains such as wheat and corn, driven by changing dietary preferences and the expansion of the food processing industry. The government plays a crucial role in the grain market through subsidies, import regulations, and initiatives aimed at increasing domestic rice production.
According to 6Wresearch, the Malaysia Grain Market size is anticipated to reach a CAGR of 5.7% during the forecast period of 2025-2031. The rising population and increasing income levels drive demand, pushing the agricultural sector toward more efficient and high-yield production techniques. Moreover, the growing adoption of organic farming practices, driven by consumer demand for healthier and environmentally friendly food options, are shaping the market landscape. However, the market faces significant challenges, including climate change impacting crop yields, and the limited availability of arable land which complicates efforts to meet rising domestic and international demand. Nevertheless, the technological innovation, such as precision farming and genetically modified crops can enhance yield and crop resilience. Additionally, the country’s strategic position in Southeast Asia offers a competitive advantage in the export market, especially with ASEAN countries, fostering growth and expansion opportunities for local producers.
The government has launched several policies and schemes to bolster the Malaysia Grain Market Growth. These initiatives are designed to increase grain production, promote sustainable farming practices, and ensure food security for its population. For instance, the National Agro-Food Policy is focusing on enhancing grain productivity through modern farming technologies and providing subsidies for fertilizer and high-quality seeds to local farmers. Another significant effort is the National Food Security Policy which aims to make Malaysia self-sufficient in rice production by encouraging efficient water management and the adoption of certified seeds.
The Malaysia grain market share is dominated by several key players that have a significant impact on production, supply, and pricing. Padiberas Nasional Berhad (BERNAS) is the leading company, holding a pivotal role in the nation's rice distribution and maintaining the national rice reserve. Other notable entities include Syarikat Faiza Sdn Bhd, Jasmine Food Corporation Sdn Bhd, and Kilang Beras Bullion Mewah Sdn Bhd, which are involved in rice and other grain processing and distribution. These companies play vital roles in meeting the domestic demand for grains and are instrumental in the market's overall dynamics.
The future of the Malaysia grain industry appears promising with the continued support of government initiatives and technological advancements in agriculture. There is a growing emphasis on sustainable farming practices and the use of biotechnology to increase yield and quality. The market is also expected to see a rise in the demand for organic grains, aligning with global trends towards health and sustainability. Furthermore, Malaysia aims to enhance its grain storage facilities and logistics to improve distribution efficiency and reduce post-harvest losses, which will be crucial steps in securing the nation's food sovereignty and catering to the increasing domestic and international demand.
According to Mayank, Senior Research Analyst, 6Wresearch, Rice Farming is expected to grow during the forecast period. This growth is largely attributed to increasing domestic consumption driven by cultural dietary preferences and government initiatives aimed at enhancing rice production to ensure food security.
By Distribution Channel, the Online Retail segment is experiencing the massive growth in the market. This surge can be attributed to the increasing internet penetration, the convenience of shopping from home, and the growing consumer preference for online platforms that offer a wide range of products and home delivery options.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Grain Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Grain Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Grain Market - Industry Life Cycle |
3.4 Malaysia Grain Market - Porter's Five Forces |
3.5 Malaysia Grain Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Grain Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Malaysia Grain Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Grain Market Trends |
6 Malaysia Grain Market Segmentations |
6.1 Malaysia Grain Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Grain Market Revenues & Volume, By Dry Pea And Bean Farming, 2021-2031F |
6.1.3 Malaysia Grain Market Revenues & Volume, By Wheat Farming, 2021-2031F |
6.1.4 Malaysia Grain Market Revenues & Volume, By Corn Farming, 2021-2031F |
6.1.5 Malaysia Grain Market Revenues & Volume, By Rice Farming, 2021-2031F |
6.1.6 Malaysia Grain Market Revenues & Volume, By Other Grain Farming, 2021-2031F |
6.2 Malaysia Grain Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Grain Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.3 Malaysia Grain Market Revenues & Volume, By Modern Trade, 2021-2031F |
6.2.4 Malaysia Grain Market Revenues & Volume, By Online Retail, 2021-2031F |
7 Malaysia Grain Market Import-Export Trade Statistics |
7.1 Malaysia Grain Market Export to Major Countries |
7.2 Malaysia Grain Market Imports from Major Countries |
8 Malaysia Grain Market Key Performance Indicators |
9 Malaysia Grain Market - Opportunity Assessment |
9.1 Malaysia Grain Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Grain Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Malaysia Grain Market - Competitive Landscape |
10.1 Malaysia Grain Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Grain Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |