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Lu - vi, 9:30 - 17:00 h (CET)
Lu - vi, 9:00 - 18:00 h (EST)
Lu - vi, 9:00 - 17:00 h (SGT)
Lu - vi, 10:00 - 18:00 h (JST)
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Key regions: South Korea, Russia, Canada, Philippines, China
The Fresh Meat market in Turkey is currently experiencing subdued growth, impacted by various factors such as changing consumption patterns, increasing competition from alternative protein sources, and concerns about food safety and sustainability. However, the market is expected to see moderate growth in the coming years, driven by rising health consciousness among consumers and the convenience of online meat purchasing options.
Customer preferences: As consumers become more health-conscious, there has been a notable shift towards organic and ethically-sourced meat in the Fresh Meat Market of the Meat Market within The Food market. This trend is driven by the increasing awareness of the negative impacts of factory farming on the environment and animal welfare. Furthermore, with the rise of the flexitarian and plant-based diets, there has been a growing demand for meat alternatives such as plant-based burgers and sausages, reflecting the changing lifestyle choices of consumers.
Trends in the market: In Turkey, the Fresh Meat Market of the Meat Market within The Food market is experiencing a shift towards healthier and more environmentally friendly options. Consumers are increasingly seeking out organic and locally sourced meat, as well as plant-based alternatives. This trend is expected to continue, with major retailers and restaurants expanding their offerings to meet the demand. Additionally, there is a growing emphasis on transparency and ethical practices in the meat industry. This trend has the potential to impact industry stakeholders, as they may need to adapt their production and sourcing methods to keep up with consumer preferences.
Local special circumstances: In Turkey, the Fresh Meat Market of the Meat Market within The Food market is heavily influenced by the country's rich culinary traditions and cultural preferences. The demand for halal meat, for example, is driven by the large Muslim population in Turkey. Additionally, the geographical location of Turkey, situated between Europe and Asia, has led to a diverse range of meat products being available in the market. Furthermore, the government's strict regulations on meat production and food safety standards have played a key role in shaping the market dynamics. These factors have contributed to the unique character of the Fresh Meat Market in Turkey, setting it apart from other markets in the region.
Underlying macroeconomic factors: The Fresh Meat Market of the Meat Market within The Food market in Turkey is significantly impacted by macroeconomic factors such as economic growth, consumer spending, and government policies. With Turkey's strong economic growth and rising disposable income, there is a growing demand for high-quality, fresh meat products. Additionally, government initiatives to promote domestic meat production and reduce reliance on imports have further stimulated market growth. However, challenges such as inflation and currency fluctuations can affect consumer purchasing power and impact market performance. Furthermore, changing consumer preferences towards healthier and sustainable food options are also influencing the Fresh Meat Market in Turkey, as consumers are increasingly seeking locally sourced and organic meat products.
Data coverage:
The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).Modeling approach:
Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.Lu - vi, 9:30 - 17:00 h (CET)
Lu - vi, 9:00 - 18:00 h (EST)
Lu - vi, 9:00 - 17:00 h (SGT)
Lu - vi, 10:00 - 18:00 h (JST)
Lu - vi, 9:30 - 17:00 h (GMT)
Lu - vi, 9:00am-6:00pm (EST)