TURKEY EDIBLE OIL MARKET 2023-2028

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The decrease in edible oil unit prices to fuel the market’s growth.

SKU: TR-492-2019 Category: Tag:

Description

MARKET OUTLOOK

The edible oil market in Turkey is anticipated to project growth at a CAGR of 10.69% in revenue and 5.63% in volume over the forecast period 2023-2028.
In the country, manufacturers are unable to meet the demand due to the increasing consumption of edible oils. As a result, sunflower oil manufacturers heavily rely on imports. This is primarily due to the local currency depreciating against the US dollar, with unit prices reflecting the increase in foreign currency. Because of the significant increase in edible oil prices in 2021, the affordability of these products decreased, prompting many businesses to invest in smaller pack sizes.
The Turkish lira continuously depreciated against the USD in 2021. However, this depreciation is expected to stabilize during the forecast period. This will lead to a decrease in unit prices in constant retail value terms and a modest increase in retail value sales of edible oils. These developments will surge household purchasing power, simultaneously increasing edible oil sales.

COMPETITIVE OUTLOOK

The established players in the edible oil market are BIM Birlesik Magazacilik AS, Trakya Yagli Tohumlar Orkide AS, Savola Group, and Ana Gida Ihtiyac Maddeleri San AS.
TABLE OF CONTENT
1. TURKEY EDIBLE OIL MARKET – SUMMARY
1.1. MARKET SIZE & FORECASTS
1.2. MARKET DRIVING ASPECTS
1.3. MARKET RESTRAINING ASPECTS
1.4. KEY PLAYERS
2. TURKEY EDIBLE OIL MARKET OUTLOOK
2.1. MARKET DEFINITION
2.2. MARKET SHARE ANALYSIS
2.3. BRAND SHARE ANALYSIS
2.4. PESTLE ANALYSIS
2.5. VALUE CHAIN ANALYSIS
2.6. IMPACT OF COVID-19 ON THE TURKEY EDIBLE OIL MARKET
3. TURKEY EDIBLE OIL MARKET – BY TYPE (IN $ MILLION & IN MILLION LITERS)
3.1. OLIVE OIL
3.2. CORN OIL
3.3. SUNFLOWER OIL
3.4. OTHER EDIBLE OILS
4. TURKEY EDIBLE OIL MARKET – BY DISTRIBUTION CHANNEL (IN $ MILLION)
4.1. RETAIL CHANNEL
4.2. E-COMMERCE
5. COMPETITIVE LANDSCAPE
5.1. BIM BIRLESIK MAGAZACILIK AS
5.2. ANA GIDA IHTIYAC MADDELERI SAN AS
5.3. SAVOLA GROUP
5.4. TRAKYA YAGLI TOHUMLAR ORKIDE AS
6. RESEARCH METHODOLOGY & SCOPE
6.1. RESEARCH SCOPE & DELIVERABLES
6.2. SOURCES OF DATA
6.3. RESEARCH METHODOLOGY

LIST OF TABLES

TABLE 1: TURKEY EDIBLE OIL MARKET 2023-2028 (IN $ MILLION)
TABLE 2: TURKEY EDIBLE OIL MARKET 2023-2028 (IN MILLION LITERS)
TABLE 3: TURKEY – COUNTRY SNAPSHOT
TABLE 4: TURKEY EDIBLE OIL MARKET, BY TYPE, 2023-2028 (IN $ MILLION)
TABLE 5: TURKEY EDIBLE OIL MARKET, BY TYPE, 2023-2028 (IN MILLION LITERS)
TABLE 6: TURKEY EDIBLE OIL MARKET, BY DISTRIBUTION CHANNEL, 2023-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: TURKEY EDIBLE OIL MARKET, MARKET SHARE ANALYSIS, 2020 & 2021 (IN %)
FIGURE 2: TURKEY EDIBLE OIL MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN %)
FIGURE 3: VALUE CHAIN ANALYSIS
FIGURE 4: TURKEY EDIBLE OIL MARKET, BY TYPE, 2022 & 2028 (IN %)
FIGURE 5: TURKEY EDIBLE OIL MARKET, BY OLIVE OIL, 2023-2028 (IN $ MILLION)
FIGURE 6: TURKEY EDIBLE OIL MARKET, BY CORN OIL, 2023-2028 (IN $ MILLION)
FIGURE 7: TURKEY EDIBLE OIL MARKET, BY SUNFLOWER OIL, 2023-2028 (IN $ MILLION)
FIGURE 8: TURKEY EDIBLE OIL MARKET, BY OTHER EDIBLE OILS, 2023-2028 (IN $ MILLION)
FIGURE 9: TURKEY EDIBLE OIL MARKET, BY DISTRIBUTION CHANNEL, 2022 & 2028 (IN %)
FIGURE 10: TURKEY EDIBLE OIL MARKET, BY RETAIL CHANNEL, 2023-2028 (IN $ MILLION)
FIGURE 11: TURKEY EDIBLE OIL MARKET, BY E-COMMERCE, 2023-2028 (IN $ MILLION)

Additional information

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Companies Mentioned

1. BIM BIRLESIK MAGAZACILIK AS
2. ANA GIDA IHTIYAC MADDELERI SAN AS
3. SAVOLA GROUP
4. TRAKYA YAGLI TOHUMLAR ORKIDE AS

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