Turkiye: Food Service - Hotel Restaurant Institutional Annual

Turkiye’s HRI sector continues to grapple with rising inflation and economic uncertainty, while sales in terms of U.S. dollars have yet to recover to pre-pandemic levels. The food and beverage sector has seen significant price increases, straining consumer purchasing power. Despite these challenges, the foodservice industry saw consumer spending rise to $18.6 billion in 2023, driven by higher menu prices and record demand from tourists eating out.