Forecast: Alcoholic Beverages Non-food Uses in Turkey

The non-food uses of alcoholic beverages in Turkey have experienced a varied trend over the past decade. From 2014 to 2015, there was a significant decrease of 7.35% in usage. This was followed by a 13.49% increase in 2016 and a steady rise until 2017, resulting in an overall positive trend. After 2018, the growth rate stabilized more modestly, with a CAGR of 0.89% by 2023. Notably, in 2023, the actual value stood at 162.0 Thousand Metric Tons, representing a year-on-year increase of 1.25%. Forecasted values from 2024 onwards indicate a continued slight upward trend, culminating in a 3.68% growth rate by 2028, supported by a five-year forecast CAGR of 0.73%.

Future trends to watch for:

• Consistent moderate growth in the sector.• Potential impacts of regulatory changes on alcohol production and distribution.• Emerging alternative non-food uses that could drive innovation and demand.• Economic factors in Turkey that could affect production and utilization patterns.