The poultry meat market in Turkey showed steady growth between 2014 and 2023. In 2023, the market stood at 1.81 million metric tons, reflecting a year-on-year increase of 0.95%. Over the last two years, growth rates hovered around 1%, while the five-year CAGR leading up to 2023 was 1.06%. Historical data reveal notable fluctuations: a significant 10.28% increase in 2017 and a slight contraction in 2018. The forecasted data from 2024 to 2028 anticipate a steady growth with a forecasted five-year CAGR of 0.68%, leading to a projected market size of 1.89 million metric tons by 2028, reflecting a total growth rate of 3.45% over five years.
Future Trends to Watch:
- Impact of economic factors on consumer purchasing power.
- Trends in health-conscious eating driving poultry meat consumption.
- Advances in poultry farming technology and its effects on production efficiency.
- Potential effects of export regulations and trade agreements on market dynamics.