Market Insights Consumer Food Bread & Cereal Products

Other Cereal Products - Turkey

Turkey

Revenue in the Other Cereal Products market amounts to €7.44bn in 2024. The market is expected to grow annually by 15.56% (CAGR 2024-2029).
In global comparison, most revenue is generated in Egypt (€14,030m in 2024).
In relation to total population figures, per person revenues of €86.20 are generated in 2024.
In the Other Cereal Products market, volume is expected to amount to 2.87bn kg by 2029. The Other Cereal Products market is expected to show a volume growth of 6.1% in 2025.
The average volume per person in the Other Cereal Products market is expected to amount to 26.2kg in 2024.

Key regions: Canada, Spain, South Korea, United States, Japan

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The Other Cereal Products Market in The Food market of Turkey has been steadily growing at an average rate. Factors such as increasing consumer health awareness and convenience of online services are driving this growth.

Customer preferences: With the growing popularity of healthier food options, the Other Cereal Products Market of the Bread & Cereal Products Market within The Food market has seen a rise in demand for gluten-free and organic cereal products. This trend is driven by increasing awareness of food allergies and sensitivities, as well as a desire for more natural and sustainable food options. Additionally, the rise of health and wellness trends has led to an increased interest in ancient grains, such as quinoa and amaranth, which offer unique nutritional benefits. These shifts in consumer preferences reflect a larger cultural shift towards prioritizing health and wellness in everyday food choices.

Trends in the market: In Turkey, the Other Cereal Products Market within the Bread & Cereal Products Market is experiencing a surge in demand for gluten-free and organic options. This trend is driven by an increasing awareness of health and wellness among consumers, as well as a growing preference for natural and sustainable products. As a result, industry players are investing in research and development to introduce new and innovative products to meet these changing consumer needs. This trend is expected to continue in the future, with potential implications for industry stakeholders such as increased competition and the need for adaptation to changing consumer preferences.

Local special circumstances: In Turkey, the Other Cereal Products Market within the Bread & Cereal Products Market is heavily influenced by the country's rich agricultural production and cultural preference for traditional breads and cereals. Additionally, government regulations and initiatives promoting healthy eating habits have contributed to the growth of this market. Furthermore, Turkey's strategic location between Europe and Asia has also played a role in shaping the market, as it serves as a major trade hub for cereal products. These unique factors have resulted in a diverse and dynamic market for Other Cereal Products in Turkey.

Underlying macroeconomic factors: The growth of the Other Cereal Products Market within the Bread & Cereal Products Market of The Food market is influenced by various macroeconomic factors. These include global economic trends, national economic health, fiscal policies, and other relevant financial indicators. Countries with strong economic growth and stable fiscal policies are experiencing higher demand for Other Cereal Products, as consumers have more disposable income to spend on food products. Additionally, the increasing focus on health and wellness is driving the demand for healthy and nutritious cereal products, leading to market growth in countries with a health-conscious population and favorable regulatory environments.

Methodology

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.