Food Turkey Magazine May 2019
Food Turkey Magazine May 2019
Food Turkey Magazine May 2019
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Breaking down <strong>Turkey</strong>’s food<br />
processing sector<br />
The food and beverage sector covers<br />
roughly 19.7% of <strong>Turkey</strong>’s $718.2 billion<br />
GDP, according to a United States<br />
Department of Agriculture (USDA)<br />
report, giving it a market valuation in<br />
the region of $141.4 billion. Turkish<br />
food and drink exports total around<br />
$15 billion annually, so you can image<br />
the economic importance of the production<br />
industry.<br />
<strong>Turkey</strong> is a world leader in the production<br />
and processing of hazelnuts, apricots,<br />
figs, cherries, sour cherries, quinces,<br />
raisins, and poppy seeds. Emerging<br />
sectors include frozen and canned<br />
goods, olive and vegetable oil, seafood<br />
and alcoholic beverages.<br />
There are over 42,000 registered producers<br />
operating in the country, according<br />
to the Turkish Federation of<br />
<strong>Food</strong> Beverage and Industry Associations.<br />
Roughly 95% are small or medium<br />
enterprises (SMEs). q<br />
50 <strong>Food</strong> & Ingredients TURKEY <strong>May</strong> <strong>2019</strong>