Yearly Values (Thousand Metric Tons):
2024: 12.0
2025: 11.0 (-8.33%)
2026: 11.0 (0.00%)
2027: 10.0 (-9.09%)
2028: 9.0 (-10.00%)
CAGR (2024-2028): -6.13%
The animal fats processing industry in Turkey is expected to see a continuous decline in production from 2024 to 2028. The compounded annual growth rate (CAGR) over these five years is forecasted to be -6.13%, indicating a steady decrease in output. Future trends to watch include shifts in consumer preferences toward plant-based alternatives and technological advancements in processing methods that could impact production levels.
