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The Malaysia cordial drink market to be aided by the global market growth, which is expected to grow at a CAGR of 3.80% in the forecast period of 2024-2032.
The growing preference for non-alcoholic and non-carbonated beverages in Malaysia is driving the growth of the cordial drink industry. Cordial drinks are becoming increasingly popular among consumers owing to the rising demand for more natural ingredients, such as fruits and vegetable extract.
In 2020, the consumption of alcoholic drinks is expected to contract as consumer purchasing patterns shift towards essentials due to the outbreak of the pandemic. Meanwhile, the food and beverage sector is expected to register a positive growth, aided by the economic recovery from 2020, which is expected to inform the growth of the cordial drink industry in Malaysia. Further, the growing popularity of these drinks among the millennials and the rising health concern are expected to favour the growth of the industry in the forecast period.
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Cordial drink refers to a kind of sweetened syrup, tonic, or non-alcoholic drink that is usually fruit-flavoured. The main ingredients of the drink are fruit juice, water, and sugar or a sugar substitute. These non-alcoholic fruit drink concentrates also contain food colouring and additional flavours, and they can also be used in beverage making.
Based on flavour, the market is divided into:
On the basis of nature, the industry can be bifurcated into:
The various types of cordial drinks are:
By packaging, the industry can be broadly categorised into:
The various distribution channels of cordial drink are:
The rising awareness among consumers about health is resulting in increased demand for products with natural ingredients, which is driving the demand for cordial drink in Malaysia. The increasing consumer disposable incomes are also contributing to the industry growth. The manufacturers are focusing on product innovation to provide consumers with healthy as well as refreshing options, with additional benefits such as no preservatives, sugar-free variants, added vitamin C and extra fibre, and new flavours. Over the forecast period, factors like the growing e-commerce sector and the increasing focus on product marketing are expected to further propel the industry growth in the region.
The report gives a detailed analysis of the following key players in the Malaysia cordial drink market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Flavour, Nature, Type, Packaging, Distribution Channel |
Breakup by Flavour | Orange, Apple, Lime/Lemon, Strawberry, Peach, Blackcurrant, Mixed Fruit, Blueberry, Others |
Breakup by Nature | Organic, Conventional |
Breakup by Type | Sugar Free, Regular |
Breakup by Packaging | PET Bottle, Glass Bottle, Aluminium Cans, Others |
Breakup by Distribution Channel | Supermarkets/Hypermarkets, Convenience Stores, Online Retail, Others |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | Fraser and Neave, Limited, Red Horse Fruit Juice Manufacturers SDN. BHD., Suntory Beverage Food & Asia, K.H.H. Double Lion Fruit Juice Manufacturing SDN. BHD, Orange Crush (M) Sdn. Bhd., Jalen Sdn. Bhd., Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Malaysia
7 Opportunities and Challenges in the Market
8 Malaysia Cordial Drink Market Analysis
8.1 Key Industry Highlights
8.2 Malaysia Cordial Drink Historical Market (2018-2023)
8.3 Malaysia Cordial Drink Market Forecast (2024-2032)
8.4 Malaysia Cordial Drink Market by Flavour
8.4.1 Orange
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Apple
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Lime/Lemon
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Strawberry
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Peach
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Blackcurrant
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Mixed Fruit
8.4.7.1 Historical Trend (2018-2023)
8.4.7.2 Forecast Trend (2024-2032)
8.4.8 Blueberry
8.4.8.1 Historical Trend (2018-2023)
8.4.8.2 Forecast Trend (2024-2032)
8.4.9 Others
8.5 Malaysia Cordial Drink Market by Nature
8.5.1 Organic
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Conventional
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Malaysia Cordial Drink Market by Type
8.6.1 Sugar Free
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Regular
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Malaysia Cordial Drink Market by Packaging
8.7.1 PET Bottle
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Glass Bottle
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Aluminium Cans
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Others
8.8 Malaysia Cordial Drink Market by Distribution Channel
8.8.1 Supermarkets/Hypermarkets
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Convenience Stores
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Online Retail
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Others
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
10 Value Chain Analysis
11 Manufacturing Process
11.1 Overview
11.2 Detailed Process Flow
11.3 Operations Involved
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Fraser and Neave, Limited
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Red Horse Fruit Juice Manufacturers SDN. BHD.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Suntory Beverage Food & Asia
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 K.H.H. Double Lion Fruit Juice Manufacturing SDN. BHD
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Orange Crush (M) Sdn. Bhd.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Jalen Sdn. Bhd.
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others
13 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Malaysia Cordial Drink Market: Key Industry Highlights, 2016 and 2026
2. Malaysia Cordial Drink Historical Market: Breakup by Flavour (USD Million), 2018-2023
3. Malaysia Cordial Drink Market Forecast: Breakup by Flavour (USD Million), 2024-2032
4. Malaysia Cordial Drink Historical Market: Breakup by Nature (USD Million), 2018-2023
5. Malaysia Cordial Drink Market Forecast: Breakup by Nature (USD Million), 2024-2032
6. Malaysia Cordial Drink Historical Market: Breakup by Type (USD Million), 2018-2023
7. Malaysia Cordial Drink Market Forecast: Breakup by Type (USD Million), 2024-2032
8. Malaysia Cordial Drink Historical Market: Breakup by Packaging Type (USD Million), 2018-2023
9. Malaysia Cordial Drink Market Forecast: Breakup by Packaging Type (USD Million), 2024-2032
10. Malaysia Cordial Drink Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
11. Malaysia Cordial Drink Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
12. Malaysia Cordial Drink Historical Market: Breakup by Region (USD Million), 2018-2023
13. Malaysia Cordial Drink Market Forecast: Breakup by Region (USD Million), 2024-2032
14. Malaysia Cordial Drink Market Structure
The market is projected to grow at a CAGR of 3.8% between 2024 and 2032.
The market is being driven by growing health awareness, the rising popularity of cordial drinks among the young population, the rising demand for natural products, and the growing retail sector.
The increasing launches of new products and the growing investments in product marketing are the key trends guiding the market growth.
The major flavour segments of cordial drink in the market are orange, apple, lime/lemon, strawberry, peach, blackcurrant, mixed fruit, and blueberry, among others.
The leading nature segments of cordial drink in the market are organic and conventional.
The significant types of the product in the market are sugar free and regular.
The major packaging segments in the market are PET bottle, glass bottle, and aluminium cans, among others.
The leading distribution channels in the market are supermarkets/hypermarkets, convenience stores, and online retail, among others.
The major players in the market are Fraser and Neave, Limited, Red Horse Fruit Juice Manufacturers SDN. BHD., Suntory Beverage Food & Asia, K.H.H. Double Lion Fruit Juice Manufacturing SDN. BHD, Orange Crush (M) Sdn. Bhd., and Jalen Sdn. Bhd., among others.
The Malaysia cordial drink market is being driven by the rising global market. Aided by the growing demand for natural products, the global cordial drink market is expected to witness a moderate growth in the forecast period of 2024-2032, growing at a CAGR of 3.80%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By flavour, the market is segmented into orange, apple, lime/lemon, strawberry, peach, blackcurrant, mixed fruit, and blueberry, among others. Based on nature, the industry is divided into organic and conventional. On the basis of types, the market is bifurcated into sugar free and regular. By packaging, the industry is segmented into PET bottle, glass bottle, and aluminium cans, among others. Based on distribution channel, the market is divided into supermarkets/hypermarkets, convenience stores, and online retail, among others. The key players in the above market include Fraser and Neave, Limited, Red Horse Fruit Juice Manufacturers SDN. BHD., Suntory Beverage Food & Asia, K.H.H. Double Lion Fruit Juice Manufacturing SDN. BHD, Orange Crush (M) Sdn. Bhd., and Jalen Sdn. Bhd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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