PACKAGING & FOOD PROCESSING

Based on the findings by the Department of Statistics, Malaysia has more than 2,000 established companies involved in the food processing industry with the majority of them are Small & Medium Enterprises (SMEs), this sector account for about 10% of Malaysia’s manufacturing output. The processed food contributed around RM 21.76 billion and are exported to more than 200 countries in 2019. The demand for machinery and equipment for the F&B industry is growing with the consumers looking for higher standards and better quality in meeting the requirement of increasing export these days. This is supported by Malaysia status as a market leader for the HALAL food industry worldwide.

The herbal industry in Malaysia has developed from a reliance on traditional application to the development of higher-value products. Rising awareness of implementing herbal products as an alternative to conventional health treatment under the new norm is driving the R&D and government regulations on the herbal industry. Ultimately, Malaysia can become the key global supplier of high-quality indigenous herbs to major T&CM markets in Asia and continue progress towards sustainable and profitable development.