Turkey Meat Market Report 2024-2032, Industry Growth Opportunity, and Forecast

Meat Market - Turkey

Market Statistics

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Size in 2023: US$D 7.01 Billion

Market Forecast in 2032: USD 11.26 Billion

Market Growth Rate: 5.20% (2024-2032)

The Turkey meat market size reached USD 7.01 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 11.26 Billion by 2032, exhibiting a growth rate (CAGR) of 5.20% during 2024-2032.

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Turkey Meat Market Trends:

High demand for protein-rich diets, along with an increasing focus on food security and self-sufficiency, are the factors responsible for the growth of the Turkey meat market. Additionally, the market is propelling as consumer lifestyles shift towards healthier eating habits; meat consumption remains a key source of high-quality protein for the Turkish population. The growing urbanization and rising disposable incomes have further fueled demand for diverse and premium meat products, including fresh, processed, and frozen options. Moreover, government initiatives to support local meat production, improve livestock farming practices, and reduce reliance on imports are playing a critical role in market expansion. The expansion of the foodservice industry, including restaurants and quick-service outlets, is also contributing significantly to meat consumption in the country.

Turkey Meat Market Scope and Growth Analysis:

The rising demand for processed and ready-to-cook meat products, driven by busy urban lifestyles and a preference for convenience, is augmenting the Turkey meat market. In addition to this, consumers are increasingly seeking organic and halal-certified meat, reflecting greater awareness of food quality and ethical considerations. Innovations in packaging, such as vacuum-sealed and eco-friendly solutions, are enhancing the shelf life and appeal of meat products.

The rise of e-commerce platforms has made meat more accessible, offering doorstep delivery and a variety of product options. Technological advancements in meat production, such as precision farming and improved feed efficiency, are improving yields and sustainability in the sector. Apart from this, the export potential of Turkish meat, particularly to the Middle East and Europe, is growing as producers focus on meeting international quality standards, which is anticipated to drive the Turkey meat market over the forecasted period.

Turkey Meat Market Report Segmentation:

Type Insights:

• Raw
• Processed

Product Insights:

• Chicken
• Beef
• Mutton
• Others

Distribution Channel Insights:

• Supermarkets and Hypermarkets
• Departmental Stores
• Specialty Stores
• Online Stores
• Others

Regional Insights:

• Marmara
• Central Anatolia
• Mediterranean
• Aegean
• Southeastern Anatolia
• Blacksea
• Eastern Anatolia

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Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of all major companies in the Turkey Meat industry.

Other Key Points Covered in the Report:

• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Market Dynamics
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
• Top Winning Strategies
• Recent Industry News
• Key Technological Trends & Development

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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