Market Forecast By Product Type (Beef, Pork, Chicken Meat), By End Users (Food Processing Industry, Food Service Providers, Household/ Retail), By Distribution Channel (B2B Direct, Hypermarkets/ Supermarkets, Convenience Stores, Specialty Stores, Butcher Shop/ Wets, Online Retailing) And Competitive Landscape
Product Code: ETC406714 | Publication Date: Oct 2022 | Updated Date: Aug 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | Turkey Livestock and Poultry Market |
Forecast period | 2024-2030 |
CAGR | 6.2% |
Growing Sector | Poultry |
The Turkey Livestock and Poultry Market report thoroughly covers the market by Product Type, End Users, and Distribution Channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Turkey's Livestock and Poultry Market is experiencing robust growth and is expected to maintain this trend in the upcoming years. This growth is driven by increasing meat consumption, rising urbanization, and a growing population.
According to 6Wresearch, Turkey Livestock and Poultry Market is projected to grow at a CAGR of 6.2% during 2024-2030. One of the primary drivers of this growth is the rising demand for high-quality meat products in both domestic and international markets. Additionally, technological advancements in breeding and farming practices have enhanced productivity and efficiency in the sector.
However, the market faces several challenges. High production costs and stringent regulations regarding animal welfare and food safety can impede market growth. Additionally, the outbreak of diseases within the livestock population poses a significant risk to market stability. Moreover, fluctuations in feed prices can affect the overall profitability of livestock farming.
Key players in Turkey's Livestock and Poultry Market include Banvit, CP Group, and Keskinoฤlu. Banvit, a leading producer, is known for its wide range of poultry products and extensive distribution network. CP Group, a multinational conglomerate, offers advanced livestock farming solutions and high-quality meat products. Keskinoฤlu, another major player, focuses on innovation and sustainability in its production processes, catering to both local and export markets.
The Turkish government has launched several initiatives to support the livestock and poultry sector. The National Agricultural Strategy aims to boost meat production and improve food security. Policies have been implemented to enhance farm infrastructure and provide financial support to farmers. Additionally, the government has introduced measures to promote exports, including subsidies and incentives for international trade. Efforts are also being made to improve animal health and welfare standards through strict regulations and monitoring.
The Turkey Livestock and Poultry Market is anticipated to grow significantly in the coming years, driven by increased investments in technology and infrastructure. The country's goal to boost meat production and improve food security will further drive demand. Additionally, there is a growing trend towards organic and sustainable meat products, which is expected to shape the future market landscape. Advancements in genetic research and breeding technologies will also contribute to higher productivity and efficiency. The increasing popularity of online retailing and home delivery services will further support market growth. Overall, the market shows promising potential for sustainable growth with a focus on innovation and efficiency.
According to Ravi Bhandari, Research Head, 6Wresearch, the chicken meat sector is currently leading and dominating the market. This can be attributed to the high demand for poultry products in both domestic and international markets.
In terms of end users, the food processing industry is the largest consumer of livestock and poultry products in Turkey. This sector is driven by the demand for processed meat products and ready-to-eat meals.
Hypermarkets and supermarkets are the most popular distribution channels for livestock and poultry products in Turkey. These stores offer a wide variety of products and attract a large number of consumers.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Turkey Livestock and Poultry Market Overview |
3.1 Turkey Country Macro Economic Indicators |
3.2 Turkey Livestock and Poultry Market Revenues & Volume, 2020 & 2030F |
3.3 Turkey Livestock and Poultry Market - Industry Life Cycle |
3.4 Turkey Livestock and Poultry Market - Porter's Five Forces |
3.5 Turkey Livestock and Poultry Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 Turkey Livestock and Poultry Market Revenues & Volume Share, By End Users, 2020 & 2030F |
3.7 Turkey Livestock and Poultry Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Turkey Livestock and Poultry Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Turkey Livestock and Poultry Market Trends |
6 Turkey Livestock and Poultry Market, By Types |
6.1 Turkey Livestock and Poultry Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Turkey Livestock and Poultry Market Revenues & Volume, By Product Type, 2020 - 2030F |
6.1.3 Turkey Livestock and Poultry Market Revenues & Volume, By Beef, 2020 - 2030F |
6.1.4 Turkey Livestock and Poultry Market Revenues & Volume, By Pork, 2020 - 2030F |
6.1.5 Turkey Livestock and Poultry Market Revenues & Volume, By Chicken Meat, 2020 - 2030F |
6.2 Turkey Livestock and Poultry Market, By End Users |
6.2.1 Overview and Analysis |
6.2.2 Turkey Livestock and Poultry Market Revenues & Volume, By Food Processing Industry, 2020 - 2030F |
6.2.3 Turkey Livestock and Poultry Market Revenues & Volume, By Food Service Providers, 2020 - 2030F |
6.2.4 Turkey Livestock and Poultry Market Revenues & Volume, By Household/ Retail, 2020 - 2030F |
6.3 Turkey Livestock and Poultry Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Turkey Livestock and Poultry Market Revenues & Volume, By B2B Direct, 2020 - 2030F |
6.3.3 Turkey Livestock and Poultry Market Revenues & Volume, By Hypermarkets/ Supermarkets, 2020 - 2030F |
6.3.4 Turkey Livestock and Poultry Market Revenues & Volume, By Convenience Stores, 2020 - 2030F |
6.3.5 Turkey Livestock and Poultry Market Revenues & Volume, By Specialty Stores, 2020 - 2030F |
6.3.6 Turkey Livestock and Poultry Market Revenues & Volume, By Butcher Shop/ Wets, 2020 - 2030F |
6.3.7 Turkey Livestock and Poultry Market Revenues & Volume, By Online Retailing, 2020 - 2030F |
7 Turkey Livestock and Poultry Market Import-Export Trade Statistics |
7.1 Turkey Livestock and Poultry Market Export to Major Countries |
7.2 Turkey Livestock and Poultry Market Imports from Major Countries |
8 Turkey Livestock and Poultry Market Key Performance Indicators |
9 Turkey Livestock and Poultry Market - Opportunity Assessment |
9.1 Turkey Livestock and Poultry Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 Turkey Livestock and Poultry Market Opportunity Assessment, By End Users, 2020 & 2030F |
9.3 Turkey Livestock and Poultry Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Turkey Livestock and Poultry Market - Competitive Landscape |
10.1 Turkey Livestock and Poultry Market Revenue Share, By Companies, 2023 |
10.2 Turkey Livestock and Poultry Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |