Eggs - Turkey | Statista Market Forecast

In The Food market in Turkey, the Eggs Market within the Dairy Products & Eggs Market is experiencing mild growth due to factors such as increasing consumer demand for healthy options, rising awareness about the benefits of eggs, and the convenience of online egg purchases. This has led to a surge in the digitalization of the Eggs Market, driving its growth in Turkey.

Customer preferences: The growing health and wellness trend in Turkey has led to a rise in demand for organic and free-range eggs, as consumers seek out healthier and more sustainable food options. In addition, there has been a shift towards plant-based diets, with many individuals opting for egg alternatives such as tofu or chickpea flour in their meals. This trend is driven by a combination of factors, including concerns for animal welfare, environmental sustainability, and personal health.

Trends in the market: In Turkey, the Eggs Market within the Dairy Products & Eggs Market is experiencing a rise in demand for organic and free-range eggs, driven by consumers' increasing focus on health and ethical concerns. Additionally, there is a growing trend of using e-commerce platforms to purchase eggs, providing convenience and a wider variety of options for consumers. These trends are expected to continue, as the government has implemented initiatives to support organic farming and promote sustainable agriculture. This presents opportunities for industry stakeholders to tap into the growing demand for premium and sustainable egg products, while also adapting to the changing consumer behavior towards online shopping.

Local special circumstances: In Turkey, the Eggs Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's rich history and cultural traditions. Turkey has a long tradition of consuming eggs, with dishes such as menemen and cilbir being staple breakfast foods. Additionally, the Turkish government has implemented strict regulations on egg production and labeling, ensuring the quality and safety of eggs for consumers. These unique local factors contribute to the steady demand for eggs in Turkey and the overall growth of the Eggs Market within the country's Dairy Products & Eggs Market.

Underlying macroeconomic factors: The Eggs Market of the Dairy Products & Eggs Market within The Food market in Turkey is greatly influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other relevant financial indicators. Turkey's growing economy and stable political environment have resulted in a strong consumer demand for high-quality dairy and egg products. Additionally, the country's favorable regulatory environment and increasing investments in the food industry have further fueled the growth of the Eggs Market. The rising prevalence of health-conscious consumers and the growing trend towards healthy eating habits have also contributed to the demand for eggs as a nutritious and affordable source of protein. Moreover, the rapidly growing population and the expanding urbanization in Turkey have created a large market for dairy and egg products, further driving the growth of the Eggs Market.

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.