The market is dominated by domestic suppliers, as imports account for 25.1% of total market size in 2024. Investments drive market demand, with investments representing 61.0% of total demand in 2024. Turkey has the sixth largest market size for machinery for food, beverage and tobacco processing regionally, with demand reaching USD2.3 billion in 2024. Hum Makine San ve Tic Kollektif Sirketi Erdogan Uzun ve Ortaklari is the largest company in Turkey, generating 0.5% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 1.4% of total production value in 2024. The total number of companies increases in 2024, to 4,559 units. The costs of the industry decrease by 2.7% in 2024, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 33.0% of production value in 2024, the highest regionally. The industry’s exports share increases in 2024 to 29.7% of total production output. With production value of USD2.1 billion, Turkey accounts for 5.8% of the Western Europe total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Machinery for Food, Beverage and Tobacco Processing in Turkey: ISIC 2925. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machinery for Food, Beverage and Tobacco Processing in Turkey: ISIC 2925 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Machinery in Turkey report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Machinery?
- How the Machinery will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Machinery for Food, Beverage and Tobacco Processing in Turkey: ISIC 2925
HEADLINES
MARKET OVERVIEW
Machinery
This is the aggregation of general purpose machinery and special purpose machinery.
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