One of the world’s top 10 food producers, Turkey has a developed food and beverage industry, which both supplies a population of over 80mn and exports. The food and beverage processing sector accounts for 12.7% of Turkey’s total manufacturing industry, according to data published by the United States Department of Agriculture (USDA). Turkish households spent TRY 467bn on food, drinks and tobacco in 2017, which represented 24.4% of their annual budget. Solid GDP and disposable income growth, alongside rising urbanisation rates and a young population, is fuelling consumption and thus supporting the development of the sector. However, persistent high inflation and a depreciating local currency are eroding the purchasing power of the population, implying challenges for the consumer outlook.

01 EXECUTIVE SUMMARY 

02 SECTOR IN FOCUS 

03 COMPETITIVE LANDSCAPE 

04 COMPANIES IN FOCUS

05 REGULATORY ENVIRONMENT 

06 DAIRY PRODUCTS 

07 MEAT PRODUCTS 

08 BAKERY AND BREAD

PRODUCTS

09 BEVERAGES