The beverages sector in Turkey showcased robust growth, with production value escalating from 9.36 billion New Turkish Liras in 2015 to 25.28 billion by 2023. Observing year-on-year variations, a notable peak occurred in 2018 with a 26.26% increase. Recent years (2022-2023) demonstrated a steady yet moderate growth rate of around 8-9%. The five-year CAGR (2018-2023) indicates an average annual growth rate of 11.06%.

Looking ahead, production is forecasted to rise to 34.63 billion by 2028, reflecting a reduced five-year CAGR of 4.96% but yielding an overall growth rate of 27.37% by the end of the period.

Key future trends to watch for:

Emergence of new beverage categories influenced by health and wellness trends.
Technological advancements in production methods and sustainability practices.
Potential impacts of economic policies and inflation on production costs and pricing.