Turkey: Food Processing Ingredients
Lifestyle changes due to high levels of urbanization and the increase in income levels have been affecting the consumption patterns of Turkish consumers towards processed and ready-to-eat products. The shift towards organized retailing has also paved the way for imported brands. There is a growing demand for specialized products such as diabetic and diet products, as well as functional and frozen foods. Significant depreciation of the Turkish Lira against the USD and the Euro led to a rise in the cost of all imports. Economic stagnation continues, as politics and the threat of terrorism affected the Turkish tourism sector as well as the food service sector in general.
