In 2023, the number of persons employed in the meat processing sector in Turkey stood at 57.95 thousand. Over the last decade, the sector has experienced a steady increase in employment numbers, with a few minor fluctuations observed. The year-on-year variation over the past two years showed an increase of 3.6% from 2021 to 2022 and a 3.44% increase from 2022 to 2023. Taking a broader perspective, the compound annual growth rate (CAGR) over the last five years has been 3.7%.
Future trends to watch for:
- Forecasts indicate that the employment numbers in the meat processing sector in Turkey are expected to grow, reaching 67.3 thousand by 2028, with a forecasted 5-year CAGR of 2.37%.
- Key factors that could influence future trends include technological advancements, regulatory changes, consumer preferences for meat products, and potential impacts of economic conditions on the sector.
- Continual monitoring of macroeconomic indicators and sector-specific shifts will be crucial to anticipate and respond to these changes effectively.
