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Amid economic headwinds, Turkiye's retail food sector continues to grow, fueled by a young population of 85 million and a rising middle class. The sector is predominantly made up of domestic discount chains, and most of the food on store shelves is produced locally.
The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.
Turkiye's food processing ingredients industry is a vital component of its sophisticated food and beverage manufacturing sector, which includes nearly 58,357 businesses.
Amid economic headwinds, Turkiye's retail food sector continues to grow, fueled by a young population of 85 million and a rising middle class. The sector is predominantly made up of domestic discount chains, and most of the food on store shelves is produced locally.
The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.
Turkiye’s food and beverage sector depends on domestic and imported ingredients, a large portion of which are sourced from Europe. European ingredients enjoy zero or low import duties under preferential trade agreements, as well as lower freight costs.
Pet food demand in Türkiye continues to rocket higher as pet ownership, especially for dogs and cats expands. Sales of dog and cat food soared to $127 million in 2022 and are set to more than double to $300 million by the end of 2027. About two...
Amid economic headwinds, Turkey’s retail food sector continues to grow, fueled by a young population of 85 million and a rising middle class.
The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.
In the past year, meat and milk prices have skyrocketed due to a variety of factors, among which are insufficient cattle inventories, high input costs, semi-effective government policies, and limitations on importing meat and live animals.
Turkiye’s food and beverage sector depends on domestic and imported ingredients, a large portion of which are sourced from Europe. European ingredients enjoy zero or low import duties under preferential trade agreements, as well as lower freight costs.
Many Turkish cattle farmers are struggling to make ends meet because input costs, especially feed, are increasing at a faster pace than farmgate prices for carcass meat and milk. As a result, many farmers are cutting their losses and sending their animals to slaughter earlier than normal. This trend is expected to continue into 2023 as economic conditions in the country remain bleak.