The market is dominated by domestic suppliers, as imports account for 15.4% of total market size in 2023. Households drive market demand, with household spending representing 91.0% of total demand in 2023. Turkey has the sixth largest market size for coffee, tea, spices and ready meals regionally, with demand reaching USD5.7 billion in 2023. Unilever San ve Tic Türk AS is the largest company in Turkey, generating 14.8% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 41.7% of total production value in 2023. The total number of companies increases in 2023, to 5,814 units. The costs of the industry increase by 20.4% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 14.7% of production value in 2023, the third highest regionally. The industry’s exports share decreases in 2023 to 26.3% of total production output. With production value of USD5.4 billion, Turkey accounts for 4.0% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Coffee, Tea, Spices and Ready Meals in Turkey: ISIC 1549. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Coffee, Tea, Spices and Ready Meals in Turkey: ISIC 1549 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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