The value added of beverages in Turkey has shown significant growth from 2013 to 2023, reaching 7.96 billion New Turkish Liras in 2023. The annual growth rate peaked in 2019 at 20.97%, followed by a dip in 2020 with a -5.19% variation. However, the sector recovered, showing positive growth again by 2021. The compound annual growth rate (CAGR) over the last five years was 6.57%, indicating a steady increase in the beverage industry despite short-term fluctuations.

Future trends to watch for:

The forecasted CAGR for the next five years is estimated at 2.96%, projecting steady albeit slower growth compared to the previous period.
Continuous innovation in beverage offerings and increasing health consciousness among consumers are expected to drive market dynamics.
Economical and geopolitical factors could impact the market valuation, warranting close monitoring.