GLOBAL STATUS OF FOOD PRODUCTS
GLOBAL STATUS OF FOOD PRODUCTS
The processed agricultural products sector has a large share in the food sector with its wide range of products and product groups. This sector, which includes products produced and delivered to consumers in many different areas from cocoa to pasta, from bakery products to cereals, from biscuits to capsules used in pharmacy, is constantly growing in line with the increasing population and the parallel increasing food demand.
Changing and developing technologies will make a big difference in the processed agricultural products sector both today and in the future. In addition, it is seen that not only companies that adapt to technological innovations, but also companies that best respond to changing consumer expectations will have a say in the sector. Personalized, sustainable and environmentally friendly products will be preferred by consumers in the future, and this can be clearly stated as the points where the sector should invest the most in the coming period.
In 2018, the largest share in the food market including processed agricultural products was the Asia-Pacific region with 46.4%, led by China. After China, the other major player in the global food market is the USA with a share of 22.5%. The total revenue of the global retail food industry in 2018 was approximately $9.9 trillion.
Steps such as liberalization of customs tariffs to be applied by countries or defined regions such as the EU, standardization of import-export rules and improvements in mutual food legislation will contribute to the development of this market, which will both respond to increased consumption and allow production to be carried out in a wider framework.
THE STATUS OF TURKEY IN THE FOOD AND BEVERAGE INDUSTRY
Turkey is on the way to become a more active player in the world food and beverage market with each passing year. Turkey gets its production power in the field of food from agricultural production. While the food and beverage sector has more than 40 thousand businesses in Turkey, it creates employment opportunities for over 450 thousand people.
Exports of processed agricultural products in Turkey exceeded 8 billion dollars in 2019. The largest export market for processed agricultural products exported to over 170 countries is Iraq with 15.5%, followed by Germany with 7.8% and the USA with 6.7%. Turkey's food export to the United Kingdom (2020) is 260 Million Dollars.
Source: https://www.kolayihracat.gov.tr