From 2014 to 2023, the demand for mutton and goat meat in Turkey has shown a consistent upward trend, starting from 367.0 thousand metric tons in 2014 and reaching 468.0 thousand metric tons in 2023. Year-on-year variations during this period indicate a generally positive trend with some fluctuations, such as a rapid increase of 7.73% in 2017 and a slower growth rate around 1.3% in the past couple of years.
Future projections show that demand is expected to continue growing, albeit at a slower pace. By 2028, the forecast indicates that the demand will reach 495.0 thousand metric tons, driven by a 5-year CAGR of 0.87%, resulting in an overall 5-year growth rate of 4.43% from 2024 onward.
Future trends to watch for include:
- Potential changes in consumer preferences that could impact demand dynamics.
- Economic fluctuations that may affect purchasing power and meat consumption.
- Regulatory changes in agriculture and trade policies which could influence supply and price.
- Developments in alternative protein sources that may disrupt traditional meat consumption trends.
