In Turkey, the mutton and goat meat market demonstrated a steady increase in volume from 2014 to 2023, standing at 468.0 thousand metric tons in 2023. Observing year-on-year variations, 2022 to 2023 saw a growth of 1.3%, consistent with the average annual growth (CAGR) of 1.1% over the previous five years. The market's expansion fluctuated, with significant increments in 2015 and 2017, followed by more moderate growth in subsequent years.
Future trends to watch for include:
- A forecasted moderate CAGR of 0.87% over the next five years, potentially indicating a slower yet stable market expansion.
- The overall market volume is expected to reach 495.0 thousand metric tons by 2028, reflecting a cumulative growth of 4.43% from 2024.
Consumers' shifting dietary preferences and increasing demand for high-quality meat products could influence market dynamics significantly, alongside potential policy changes and supply chain innovations.