Summary
Soups in Turkey industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Soups market includes the retail sales of ambient soup, chilled soup, dried soup (mixes), frozen soup, and UHT soup.
- The Turkish soups market recorded revenues of $83.9 million in 2024, representing a negative compound annual growth rate (CAGR) of 5.0% between 2019-24.
- Market consumption volume increased with a CAGR of 9.3% between 2019-24, reaching a total of 25.8 million kilograms in 2024.
- The contraction of the Turkish soups market during 2019-24 is primarily due to high inflation, currency weakness, and stagnating real incomes, which eroded consumer purchasing power and made consumers more price-sensitive, thereby reducing demand for higher-value packaged food items such as branded soups.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the soups market in Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the soups market in Turkey
- Leading company profiles reveal details of key soups market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Turkey soups market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Turkey soups market by value in 2024?
- What will be the size of the Turkey soups market in 2029?
- What factors are affecting the strength of competition in the Turkey soups market?
- How has the market performed over the last five years?
- Who are the top competitors in Turkey's soups market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the Turkish soups market?
7.3. Which companies have been most successful in increasing their market shares during 2019-24?
7.4. Which companies market shares have suffered during 2019-24?
7.5. What are the most popular brands in the Turkish soups market?
8 Company Profiles
8.1. Unilever Plc
8.2. Ajinomoto Co Inc
8.3. Nestle SA
8.4. Yildiz Holding AS
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Turkey soups market value: $ million, 2019-24
Table 2: Turkey soups market volume: million kilograms, 2019-24
Table 3: Turkey soups market category segmentation: % share, by value, 2019-24
Table 4: Turkey soups market category segmentation: $ million, 2019-24
Table 5: Turkey soups market geography segmentation: $ million, 2024
Table 6: Turkey soups market distribution: % share, by value, 2024
Table 7: Turkey soups market value forecast: $ million, 2024-29
Table 8: Turkey soups market volume forecast: million kilograms, 2024-29
Table 9: Turkey soups market share: % share, by value, 2024
Table 10: Unilever Plc: Key Facts
Table 11: Unilever Plc: Annual Financial Ratios
Table 12: Unilever Plc: Key Employees
Table 13: Ajinomoto Co Inc: Key Facts
Table 14: Ajinomoto Co Inc: Annual Financial Ratios
Table 15: Ajinomoto Co Inc: Key Employees
Table 16: Ajinomoto Co Inc: Key Employees Continued
Table 17: Nestle SA: Key Facts
Table 18: Nestle SA: Annual Financial Ratios
Table 19: Nestle SA: Key Employees
Table 20: Nestle SA: Key Employees Continued
Table 21: Yildiz Holding AS: Key Facts
Table 22: Yildiz Holding AS: Key Employees
Table 23: Turkey Size of Population (Million), 2020-24
Table 24: Turkey Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 25: Turkey GDP (Current Prices, $ Billion), 2020-24
Table 26: Turkey Inflation, 2020-24
Table 27: Turkey Consumer Price Index (Absolute), 2020-24
Table 28: Turkey Exchange Rate, 2019-24
List of Figures
Figure 1: Turkey soups market value: $ million, 2019-24
Figure 2: Turkey soups market volume: million kilograms, 2019-24
Figure 3: Turkey soups market category segmentation: $ million, 2019-24
Figure 4: Turkey soups market geography segmentation: % share, by value, 2024
Figure 5: Turkey soups market distribution: % share, by value, 2024
Figure 6: Turkey soups market value forecast: $ million, 2024-29
Figure 7: Turkey soups market volume forecast: million kilograms, 2024-29
Figure 8: Forces driving competition in the soups market in Turkey, 2024
Figure 9: Drivers of buyer power in the soups market in Turkey, 2024
Figure 10: Drivers of supplier power in the soups market in Turkey, 2024
Figure 11: Factors influencing the likelihood of new entrants in the soups market in Turkey, 2024
Figure 12: Factors influencing the threat of substitutes in the soups market in Turkey, 2024
Figure 13: Drivers of degree of rivalry in the soups market in Turkey, 2024
Figure 14: Turkey soups market share: % share, by value, 2024
