Economic and inflationary pressures are expected to continue influencing demand for snacks in Turkey, at least in the early part of the forecast period. Companies are therefore exploring the utilisation of cheaper ingredients and are focusing on locally sourced products as well as reformulating their products to reduce their costs.
Artificial and overly processed foods are increasingly seen by consumers to be harmful to their health. This is expected to result in increasing sales of natural snacks in the future, as consumers try to adopt healthier lifestyles and prevent long-term illness.
Vegan, vegetarian and plant-based claims look set for dynamic growth in value terms (at constant 2023 prices) over the forecast period. This is expected to be driven a growing awareness among consumers of the impact their purchasing decisions have not only on their health, but also the wider impact with regard to animal welfare and the environment.
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Understand the latest market trends and future growth opportunities for the HW Snacks industry in Turkey with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the HW Snacks industry in Turkey, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This report originates from Passport, our HW Snacks research and analysis database.
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