In 2023, Türkiye's manufactured dairy products production stood at 2.53 million metric tons. When examining the year-on-year variation, the production rose by 32.88% compared to 2022, marking a significant recovery. The previous year, 2022, saw a substantial decline of 64.77%. Over the last five years, the Compound Annual Growth Rate (CAGR) has averaged -13.93%, reflecting fluctuating production levels. However, moving forward from 2024 to 2028, the forecasted CAGR is 11.81%, with an expected overall growth of 74.72% in production volume by 2028.
Future trends to watch for include:
• Potential market expansion due to increasing domestic consumption and export opportunities.
• Adoption of advanced dairy farming technologies and processing methods.
• Impact of governmental regulations and support in boosting production capacity.
• Shifts in consumer preferences towards healthier and organic dairy product options.
• Environmental sustainability practices influencing production methodologies.
