In the fruit and vegetable processing sector in Turkey, production has seen a steady increase from 2013 to 2023, reaching 117.81 billion New Turkish Liras in 2023. The sector has demonstrated robust year-on-year growth with variations such as 14.92% for 2023 and an average CAGR over the past five years of 21.48%. The production forecast suggests a continued increase, albeit at a slower pace, with an expected CAGR of 7.63% by 2028 and an overall growth rate of 44.43% over the next five years.
Key future trends to watch for include:
- Increasing export opportunities driven by global demand.- Technological advancements enhancing productivity.- Government initiatives supporting agricultural sustainability and processing efficiency.- Potential impacts of economic fluctuations on consumer spending and production costs.Continued investment and innovation in processing technologies will be crucial for the sector to maintain its growth trajectory.
