The demand for poultry meat in Turkey has shown a steady increase over the past decade, with the volume standing at 1.81 million metric tons in 2023. Starting from 1.5 million metric tons in 2014, the market exhibited significant growth, particularly from 2016 to 2017 with a 10.28% rise. However, the market experienced fluctuations, including a 2.5% decline in 2018. Over the last two years, the year-on-year variation remained steady at approximately 0.95%. The Compound Annual Growth Rate (CAGR) over the last five years was an average of 1.06%.
Future trends to watch for:
- Forecasts predict that by 2028, the poultry meat demand will reach 1.89 million metric tons, representing a 3.45% growth rate with a forecasted 5-year CAGR of 0.68%.
- Factors such as dietary changes, economic conditions, and population growth can influence future demand.
- Watching for potential disruptions in supply chains or shifts in consumer preferences towards alternative proteins could impact these trends.
