Analysis of Forecast: Dairy Products, Eggs, and Honey Direct Material Inputs in Turkey reveals fluctuation over the past decade, with the value standing at 59.9 thousand metric tons in 2023. The sector experienced substantial year-on-year variations, peaking at a 155.65% increase in 2022 before slowing down to an 18.06% rise in 2023. Over the last two years, the average annual growth rate (CAGR) was 8.89%. Looking forward, forecasted trends indicate a moderate and stable growth, averaging a 1.55% CAGR over the next five years, with an expected 8.01% cumulative growth by 2028.
Future trends to watch for include the potential impact of climate change on agricultural outputs, shifts in consumer demand towards organic and plant-based alternatives, and potential economic or policy changes affecting production costs and trade dynamics.
