The number of processors of organic animal feeds in Turkey has shown significant fluctuations over the past decade. From 2013 to 2016, there was strong growth, peaking at 73 units, followed by a sharp decline in 2017. After this, the market somewhat stabilized with modest variation until a remarkable increase in 2020, where the number of enterprises surged by 303.03%. Over the last five years, the average compound annual growth rate (CAGR) was a solid 22.91%, indicative of a recovering and growing market. The number of processors stood at 101 units in 2023. In the coming years, the forecast shows a steady rise, with a CAGR of 4.72%, reaching 136 enterprises by 2028.
Future trends to watch for: - Continued growth driven by increasing consumer demand for organic products. - Potential regulatory changes affecting organic certifications and standards. - Advances in sustainable and eco-friendly agricultural practices. - Increased investments and innovations in organic animal feed processing technologies.
