Turkey: Retail Foods

  |   Attaché Report (GAIN)

Despite the slowdown in the growth of the Turkish economy in general, the food retail sector is expected to grow eight percent annually. The total retail sector in Turkey reached US$214 billion in 2015 and is expected to reach US$290 billion by 2018, fueled by increasing disposable income levels and strong consumer demand. The share of food in the total retail sector is roughly 62 percent, worth US$137 billion.Discount supermarket chains continue to dominate the food retail sector. Private label products are increasing their share against branded products and the number of discount stores are still increasing at a fast pace. Meanwhile, as profit margins get smaller, some players are seeking growth by concentrating on sales rather than high profit shares, increasing efficiency and cutting costs, and via mergers and acquisitions.

Turkey: Retail Foods

Related Reports

Attaché Report (GAIN)

Costa Rica: Coffee Annual

FAS/San José projects marketing year 2025/2026 coffee production to decline by 10 percent as a result of the effects of the biennial coffee production cycle, after a high production year in 2024/2025.
The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is a Chinese government initiative that aims to link nine cities in Guangdong (Guangzhou, Shenzhen, Zhuhai, Foshan, Dongguan, Zhongshan, Jiangmen, Huizhou, Zhaoqing) with two Special Administrative Regions (Hong Kong, Macao) to drive economic activity, innovation, and integration with the goal of turning the region into a world-class business hub by 2035.
Upon request from Post, the Indonesian Quarantine Agency clarified in writing that the export timing and Prior Notice requirements take effect on June 4, 2025, via regulation 14/2024 and provided additional clarifications on the regulation.