The market is dominated by domestic suppliers, as imports account for 0.4% of total market size in 2023. Households drive market demand, with household spending representing 97.5% of total demand in 2023. Turkey has the sixth largest market size for dairy products regionally, with demand reaching USD20.2 billion in 2023. Ak Gida San ve Tic AS is the largest company in Turkey, generating 5.5% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 20.6% of total production value in 2023. The total number of companies increases in 2023, to 13,053 units. The costs of the industry increase by 14.3% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 28.3% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 3.3% of total production output. With production value of USD8.1 billion, Turkey accounts for 3.9% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Dairy Products in Turkey: ISIC 152. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Dairy Products in Turkey: ISIC 152 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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