The market is dominated by domestic suppliers, as imports account for 10.6% of total market size in 2023. Households drive market demand, with household spending representing 91.8% of total demand in 2023. Turkey has the seventh largest market size for chocolate and sugar confectionery regionally, with demand reaching USD4.6 billion in 2023. Kent Gida Maddeleri Sanayii ve Ticaret AS is the largest company in Turkey, generating 5.0% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 16.1% of total production value in 2023. The total number of companies increases in 2023, to 6,261 units. The costs of the industry increase by 12.3% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 46.4% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 37.2% of total production output. With production value of USD5.5 billion, Turkey accounts for 8.9% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Chocolate and Sugar Confectionery in Turkey: ISIC 1543. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Chocolate and Sugar Confectionery in Turkey: ISIC 1543 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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