Oils & Fats in Turkey
Summary
Oils & Fats in Turkey industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The oils & fats market consist of the retail sale of edible oils and solid fats. The oils segment consists of cooking sprays, corn oil, olive oil, sunflower oil, vegetable oil, and other edible oils. The solid fats segment consists of compound cooking fats (CCF), ghee, lard, shortening, and other solid fats. The market is valued according to the retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2023 exchange rates.
- The Turkish Oils & Fats market had total revenues of $1,572.0 million in 2023, representing a compound annual growth rate (CAGR) of 31.2% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 2.5% between 2018 and 2023, to reach a total of 1,093.5 million kilograms in 2023.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 56.8% for the five-year period 2023 - 2028, which is expected to drive the market to a value of $14,876.5 million by the end of 2028.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oils & fats market in Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oils & fats market in Turkey
- Leading company profiles reveal details of key oils & fats market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Turkey oils & fats market with five year forecasts by both value and volume
- What was the size of the Turkey oils & fats market by value in 2023?
- What will be the size of the Turkey oils & fats market in 2028?
- What factors are affecting the strength of competition in the Turkey oils & fats market?
- How has the market performed over the last five years?
- Who are the top competitors in Turkey's oils & fats market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the Turkish oils & fats market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-2023)?
- 7.4. Which companies market shares have suffered over the same period (2018-2023)?
- 7.5. What are the most popular brands in the Turkish oils & fats market?
- 8 Company Profiles
- 8.1. Bunge Global S.A.
- 8.2. Savola Group Co
- 8.3. Yildiz Holding Inc
- 8.4. Marsa Yag Tic AS
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Turkey oils & fats market value: $ million, 2018-23
- Table 2: Turkey oils & fats market volume: million kilograms, 2018-23
- Table 3: Turkey oils & fats market category segmentation: % share, by value, 2018-2023
- Table 4: Turkey oils & fats market category segmentation: $ million, 2018-2023
- Table 5: Turkey oils & fats market geography segmentation: $ million, 2023
- Table 6: Turkey oils & fats market distribution: % share, by value, 2023
- Table 7: Turkey oils & fats market value forecast: $ million, 2023-28
- Table 8: Turkey oils & fats market volume forecast: million kilograms, 2023-28
- Table 9: Turkey oils & fats market share: % share, by value, 2023
- Table 10: Bunge Global S.A.: key facts
- Table 11: Bunge Global S.A.: Annual Financial Ratios
- Table 12: Bunge Global S.A.: Key Employees
- Table 13: Savola Group Co: key facts
- Table 14: Savola Group Co: Annual Financial Ratios
- Table 15: Savola Group Co: Key Employees
- Table 16: Yildiz Holding Inc: key facts
- Table 17: Yildiz Holding Inc: Key Employees
- Table 18: Marsa Yag Tic AS: key facts
- Table 19: Marsa Yag Tic AS: Key Employees
- Table 20: Turkey size of population (million), 2019-23
- Table 21: Turkey real gdp (constant 2010 prices, $ billion), 2019-23
- Table 22: Turkey gdp (current prices, $ billion), 2019-23
- Table 23: Turkey inflation, 2019-23
- Table 24: Turkey consumer price index (absolute), 2019-23
- Table 25: Turkey exchange rate, 2018-23
- List of Figures
- Figure 1: Turkey oils & fats market value: $ million, 2018-23
- Figure 2: Turkey oils & fats market volume: million kilograms, 2018-23
- Figure 3: Turkey oils & fats market category segmentation: $ million, 2018-2023
- Figure 4: Turkey oils & fats market geography segmentation: % share, by value, 2023
- Figure 5: Turkey oils & fats market distribution: % share, by value, 2023
- Figure 6: Turkey oils & fats market value forecast: $ million, 2023-28
- Figure 7: Turkey oils & fats market volume forecast: million kilograms, 2023-28
- Figure 8: Forces driving competition in the oils & fats market in Turkey, 2023
- Figure 9: Drivers of buyer power in the oils & fats market in Turkey, 2023
- Figure 10: Drivers of supplier power in the oils & fats market in Turkey, 2023
- Figure 11: Factors influencing the likelihood of new entrants in the oils & fats market in Turkey, 2023
- Figure 12: Factors influencing the threat of substitutes in the oils & fats market in Turkey, 2023
- Figure 13: Drivers of degree of rivalry in the oils & fats market in Turkey, 2023
- Figure 14: Turkey oils & fats market share: % share, by value, 2023
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