Turkey Compound Feed Market- Trend Analysis & Forecasts

Turkey Compound Feed Market Overview:

Turkey’s compound feed market is one of the largest in the region, with total production exceeding ** million tonnes in 2024, placing the country among the top 10 global feed producers. The market value is estimated at around US$ ** billion, supported by strong demand from poultry, dairy, and cattle sectors that together account for nearly **% of feed consumption. Poultry feed alone contributes roughly **% of total volume, reflecting broiler meat production of over ** million tonnes and egg output surpassing ** billion units annually. Despite sharp cost inflation in recent years, overall feed demand has remained resilient due to the structural dependence of Turkey’s livestock industry on industrial compound feed.

Primary Areas/ Elements of Research & Analysis

The report provides comprehensive and valuable insights into the supply and demand dynamics of the Turkey compound feed market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Trade analysis (export & import), including key partners, quantities, values, and price trends
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends

Market Growth Factors

Growth in the Turkey compound feed market is primarily driven by rising animal protein consumption, with per capita poultry meat intake increasing to nearly 28 kg per person in 2024, up from 21 kg in 2015. Government support, estimated at over US$ ** million annually in livestock and feed-related subsidies, continues to encourage feed mill modernization and capacity expansion. Technological adoption is another key factor, as functional additives such as enzymes and probiotics now account for nearly **% of total feed value, improving feed efficiency and productivity. Additionally, aquaculture growth, with farmed fish production exceeding ** thousand tonnes, is steadily expanding demand for high-protein aquafeed.

Market Restraints & Challenges

A major constraint for the Turkey compound feed market is its dependence on imported raw materials, with feed ingredient imports exceeding ** million tonnes and valued at over US$ ** billion annually. Currency depreciation remains a critical risk, as a 10% weakening of the Turkish lira typically increases feed production costs by 6–7%. Climate-related volatility also affects domestic grain availability, as seen in drought years when barley output dropped by nearly 30%, forcing higher-cost imports. Margin pressure is evident across the industry, with average EBITDA margins for independent feed mills declining from around 11% in 2019 to below 8% by 2023.

Market Segmentation

By animal type, poultry feed dominates with about **% share of total volume, followed by ruminant feed at **%, reflecting Turkey’s cattle population of over 16 million head. Small ruminant feed accounts for around **%, linked to a sheep and goat population exceeding 55 million head, while aquafeed and specialty feeds together contribute nearly **%. In terms of formulation, cereal-based feeds represent close to **% of total input volume, while oilseed meals contribute around **%. Although additives account for only about **% by weight, they represent nearly **% of total feed value, highlighting the shift toward performance-oriented nutrition.

Competitive Landscape

The Turkey compound feed market is moderately consolidated, with the top 10 producers controlling roughly **% of total output, while the remaining share is split among mid-sized and regional players. Large integrated producers benefit from economies of scale, achieving per-ton cost advantages of US$ ** compared to smaller mills. Industry consolidation has accelerated, with more than 15 mergers and acquisitions recorded between 2020 and 2024, aimed at expanding geographic reach and securing raw material access. Investment in automation and digital formulation systems has also increased, with leading companies allocating nearly 5% of annual revenues toward technology and efficiency improvements.

Outlook

Looking ahead, Turkey’s compound feed production is projected to reach ** million tonnes by 2032, driven by steady livestock sector growth and rising feed efficiency requirements. Market value is expected to expand to US$ ** billion, reflecting a forecast CAGR of around **% over the next decade. Poultry feed will remain the dominant segment, while aquafeed is expected to grow the fastest at an estimated **% CAGR. Although import dependence and currency volatility will persist as risks, gradual improvements in domestic grain supply and logistics efficiency could reduce raw material import exposure by 5–8 percentage points, strengthening long-term market stability.

Scope of the Report:
• Historical Years: 2018-2024
• Base Year: 2025
• Forecast Period: 2026-2032
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Segments Covered:

By Type (Poultry (Broiler and Layer), Cattle, Swine, and Others)

By Ingredient (Cereal-Based Feeds, Oilseed Meals, Additives & Supplements, and Others)

By Form (Pellets and Mash Feed & Crumbles)

By Sales (Domestic Sales and Exports)
• Companies Profiled: The market players include, Abalıoğlu Yem, CP Standart Gıda, Banvit Yem, Şenpiliç Yem, Beypilic Yem, Keskinoğlu Yem, Tiryaki Agro Feed Division, Konya Şeker Yem, Ofis Yem, Tarım Kredi Yem, Akova Yem, Yörsan Yem, Et ve Süt Kurumu Yem Operations, TMO-linked Feed Entities, and Others.

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