As of 2022, there were 1.2 million dogs and 4.1 million cats in Turkey, according to the European Pet Food Industry Federation (FEDIAF) data.
Turkish Pet Food Manufacturer Expands Exports Fuels the Market Growth
Pet food manufacturers expand their exports to increase their sales and revenue, which fuels the pet food market of Turkey. For instance, Turkish pet
Rising Pet Ownership Aids the Market Growth
One of the key factors driving the market growth is the rising pet ownership rate globally, particularly in developing nations such as Turkey. Pet owners are more likely to choose wholesome, high-quality food for their pets due to the trend of pet humanization their animals due to the trend toward treating pets as human beings, further accelerating market growth. Additionally, consumers are encouraged to spend money on organic products to maintain the health of their pets. However, another growth-promoting factor for the Turkish pet food market is the easy availability of goods in various price ranges.
Companies Expanding Their Presence Fuels the Market Growth
Turkish pet manufacturers expand their presence to expand their sales, revenue, and the business which drives the pet food market in Turkey. For instance, one of the group companies of the OyakFood Agriculture Livestock Sector, HEKTA, is building a pet food manufacturing plant in Balikesir with a 50 thousand tonne annual capacity. The company has begun to work toward establishing the facility in Balikesir and continues to make significant investments and partnerships in the expanding pet food and pet care products market in Turkey and around the world.
High Value-added Taxes Restrict the Market Growth
In December 2021, animal lovers were forced to request Turkish authorities for discounts on essential goods due to increased animal food prices and the high value-added tax. Animal lovers have been forced to take action due to rising pet food costs brought on by currency fluctuations that caused the lira to drop sharply and the imposition of an 18% value-added tax because it was regarded as a luxury good. In Turkish culture, caring for needy animals is ingrained, and many people help care for stray dogs and cats in their neighborhoods by purchasing pet food from pet retailers or receiving it from their local government.
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Market Segmentation
Turkey pet food market is segmented
Market Players
Abalioğlu Yem Soya Ve Tekstil Sanayi A.Ş., Matlı Yem Sanayi ve Ticaret A.Ş., Tarım Kredi Yem San. Ve Tic. A.Ş, Ofis Yem Gıda Sanayi Ticaret A.Ş., Akyem A.Ş., Çağatay Evcil Hayvan Mamaları ve Yem Ürünleri San. and Tic. A.S., Hermos Gida LTD. STI., Tropikal Bahçe ve Evcil Hayvan Ürünleri A.Ş., Makrovit Hayvan Besleme Teknolojileri Sanayi ve Ticaret A.Ş., Hektas Ticaret Türk A.Ş. are the major market players in the Turkey pet food market.
Attribute | Details |
Base Year | 2021 |
Historic Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | · Pet Type· Food Type· Distribution Channel· Region |
Regional scope | Marmara, Central Anatolia, Mediterranean, Aegean, Southeastern Anatolia, Black Sea, Eastern Anatolia |
Key companies profiled | Abalioğlu Yem Soya Ve Tekstil Sanayi A.Ş., Matlı Yem Sanayi ve Ticaret A.Ş., Tarım Kredi Yem San. Ve Tic. A.Ş, Ofis Yem Gıda Sanayi Ticaret A.Ş., Akyem A.Ş., Çağatay Evcil Hayvan Mamaları ve Yem Ürünleri San. and Tic. A.S., Hermos Gida LTD. STI., Tropikal Bahçe ve Evcil Hayvan Ürünleri A.Ş., Makrovit Hayvan Besleme Teknolojileri Sanayi ve Ticaret A.Ş., Hektas Ticaret Türk A.Ş. etc. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope
In this report, Turkey pet food market has been segmented into the following categories, in addition to the industry trends which have also been detailed below
- Turkey Pet Food Market, By Pet Type
Turkey Pet Food Market
- Turkey Pet Food Market, By Distribution Channel
- Supermarkets/Hypermarkets
- Pet Specialty Shop
- Veterinary Clinics
- Online
- Turkey Pet Food Market, By Region
- Marmara
- Central Anatolia
- Mediterranean
- Aegean
- Southeastern Anatolia
- Black Sea
- Eastern Anatolia