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The French food processing industry mobilizes more than 19,000 companies, of which nearly 98 percent are small- and medium-sized enterprises (SMEs). The sector generates $177 billion in annual revenue, and it indirectly contributes to nearly 2 million jobs in France.
Malaysia's food processing sector continues to be an attractive destination for U.S. food ingredients. Food and beverage manufacturing remain priority areas of economic growth for Malaysia and have boasted solid performance in the past several years.
In 2023, the agri-food market in France was still impacted by inflation, recorded at 3.8 percent. Price increases most severely impacted the lower income strata of society and cut into their ability to purchase. Many consumers are still moving away from big brands to less expensive distributor brands.
After strong growth in 2023, the food retail sector is expected to see moderate but positive growth in the remainder of 2024. Expansion of convenience stores and small format retail outlets continues, while premium supermarkets have also expanded.
The Malaysian food and beverage manufacturing industry is a significant sector in Malaysia’s economic expansion for both the domestic and export market. This sector includes several multinational corporation facilities as well as a range of local company operations.
The French food processing industry mobilizes more than 19,000 companies, of which nearly 98 percent are small and medium sized enterprises (SMEs). The sector generates $230 billion in annual revenue, and it indirectly contributes to nearly 2 million jobs in France.
Malaysia was the 26th-largest export destination for U.S. agricultural products in 2022, totaling nearly $1.1 billion in value, and is a top prospect for exports of food and beverage ingredients because of its large and growing food processing industry.
In 2022, the agri-food market in France was strongly impacted by inflation, recorded at 5.3 percent. This price increase has impacted the most modest strata of society and has cut into their ability to buy. Consumers are moving away from big brands to less expensive distributor brands.
Malaysia’s retail sales are projected to grow to US$1.8 billion in 2023. The Malaysian food and beverage retail market is a competitive landscape and is highly fragmented.
The Malaysian food manufacturing and processing industry is an important component of the country’s economic growth and has seen significant development and innovation for shelf stable products as consumer demands increase.
The Malaysian food manufacturing and processing industry is an important component of the country’s economic growth and has seen significant development and innovation for shelf stable products as consumer demands increase. This sector includes several multinational corporation facilities as well as a range of local company operations.
In 2022, the French food processing sector encompasses approximately 17,300 companies ranging from small family-owned businesses to some of the world’s largest multinationals.