The demand for fermented beverages in Turkey has seen various trends over the past decade. From 2014 to 2016, the demand remained stable at 5.0 thousand metric tons. However, there was a significant drop of 20% in 2017. The market rebounded quickly, with a surge of 50% in 2018 and stabilization at 6.0 thousand metric tons from 2019 to 2023. Year-on-year variations were minimal in recent years, with a CAGR of 0.92% forecasted from 2024 to 2028, translating to an overall growth rate of 4.71% over the same period.
Future Trends to Watch:
- Emergence of new fermented beverage categories, driven by health-conscious consumers.
- Impact of economic factors on consumer spending power and preferences.
- Technological advancements in fermentation processes and sustainable packaging.