In 2023, the mutton and goat meat market in Turkey stood at 5.6 kilograms per capita. The forecasted data for the upcoming years shows a steady upward trend in per capita consumption: 5.65 kg in 2024, 5.69 kg in 2025, 5.74 kg in 2026, 5.78 kg in 2027, and 5.83 kg in 2028. Here is the year-on-year variation in percentage:
Variations:
- 2024: 0.89% increase from 2023
- 2025: 0.71% increase from 2024
- 2026: 0.88% increase from 2025
- 2027: 0.70% increase from 2026
- 2028: 0.86% increase from 2027
The compound annual growth rate (CAGR) over the five-year forecast period is approximately 0.81% per year.
Future trends to watch include potential fluctuations in domestic livestock production, policy changes related to meat imports, shifts in consumer dietary preferences, and global market dynamics affecting meat prices. Additionally, monitoring the impact of economic conditions and inflation on meat consumption will be crucial for understanding the long-term growth prospects of the mutton and goat meat market in Turkey.
