openPR Logo
Press release

Beer Market in Turkey is shrinking due to Constricting Government Regulations: Ken Research

02-14-2017 09:31 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: NewsPR

Beer Market in Turkey is shrinking due to Constricting

Ken research announced its recent publication on 'Turkey Beer Market Insights Report 2016'. The report provides a comprehensive analysis on the beer market of Turkey. It does a thorough analysis on the historical background trends, competitive landscape in the industry, drivers of current and emerging trends. Further, it tells about the top line production, import, export values and detailed beer consumption volume data by segment, brand, brewer, packaging and distribution.

Turkey is a transcontinental country is Eurasia, mainly in Western Asia and little part in the southeast Europe. Turkey has a strong economic structure, it is classified among the developed economies of the world and is defined as an emerging economy by IMF. It is the 17th largest economy and is mainly service based . It is among the word’s largest producer of agricultural products; textiles, transportation equipment construction materials, home appliances and consumer electronics.. The nation is the founding member of OECD and joined EU custom union in 1995. Post global recession where many countries struggled to get back on track, turkey grew at an impressive rate of about 8%.

This nation is a newly industrialized one and is classified as an upper middle income country by the World bank.. In 2009 Turkish government introduced a number of policies to stimulate the economy stuck in global recession. These included the tax cut on automobiles, home appliances and housing . Due to this , the production of consumer goods increased by over 7%. Turkish stock market has also been doing well as the prices of share doubled over the course of 2009.
Turkey has a high population with average population density. It also has slightly high population growth rate as compared to the world median. Majority of the Turks live in the Urban areas as rural population makes up about 26% of the population and is steadily declining.

The net migration rate is also high , as about 2 million people immigrated in the country as per 2015. It also has a low birth rate and a low death rate. Turkey is at par with the world level of educationattainment and has a high literacy rate.
Turkey has a historic tradition of beer consumption. It has existed in Anatolia since Sumerian civilization. In the modern era, the beer consumption in turkey picked up speed just before the 20th century , with the establishment of the Bomanti beer factory . Beer accounts for most of all the alcohol consumption and almost all of this beer are domestically produced. However, the Turks aren’t big beer drinker as the per capitalconsumption is much less than the European average.

Two companies , Andolou Efes and Turk turbog have monopolized the market. This industry grew by over 20% in the initial years of the 21st century but has seen a steady downfall since then. The decision by Anadolu Efes to shut down a production facility due to fall in sales brought the problems in the Turkish industry in then on the surface. The biggest hurdle the numerous legal regulations stamped upon the industry. Beer market had shrunk significantly in the 2013. This has happened after the Justice and Development party came to power in 2002.

The part is socially conservative and thus aims to promote Islamic values in the Muslim dominated nation. The government banned the sale of alcohol between 10pm and 6 am. The advertisement of alcohol was banned completely. Its portrayal on the Television and in movies is also strictly prohibited. Furthermore, The shops, restaurants, eateries cannot put up a sign indicating that they sell alcohol. The brunt of these regulations is also felt by the airlines who cannot provide the beer on board. The AKP government raised the tax to about three fold making the Turkish beer one of the highly taxed in Europe
Thus, the Turkish beer market is at high risk. The APK government has been reelected again with vast majority . Due, to religious beliefs people are shying away even from non alcoholic beer. These new rules will prevent the new brands to enter into market as they will no longer be able to advertise their product. The import of liquor has already declined by over 1 million cases in the one decade. Even after there are some manufactures who have maintained a hopeful stand saying that the market has immense growth opportunity and the rules are just political moves so will not hamper the consumption of much.

For more details click on the link below

Ken Research
Ankur Gupta, Head Marketing & Communications

Ken Research is a Global aggregator and publisher of Market intelligence research reports, equity reports, data base directories and economy reports. Our market research reports provides market sizing analysis, insights on promising industry segments, competition, future outlook and growth drivers in the space. The company is engaged in data analytics and aids clients in due-diligence, product expansion, plant setup, acquisition intelligence to all the other gamut of objectives through our research focus.


This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Beer Market in Turkey is shrinking due to Constricting Government Regulations: Ken Research here

News-ID: 436186 • Views:

More Releases from NewsPR

Why you should opt for a Term Insurance Plan at a Young Age
Why you should opt for a Term Insurance Plan at a Young Age
With the rate at which the global health index is shaping nowadays, no one really knows what and when can affect your health. Along with health problems, road accidents are also becoming a common issue now, many times leading to death. Therefore, irrespective of your gender, it is essential to make sure that your family's financial future is safe and secure in your absence. And the best way of doing
How we assist in Education in Rural India
How we assist in Education in Rural India
Dhinendra Lohmor heads the education event organized by the NewsPR for raising awareness in Rural Area near Delhi NewsPR organized an event in the rural areas near Delhi to raise awareness among the people regarding the education; especially the modern counterparts of the same. The event was headed by Mr. Dhinendra Lohmor who is a corporate banker and has a strong experience in the field of banking, finance and is also
Chain brands to lead growth in Luxury Jewellery Market in Germany: Ken Research
Chain brands to lead growth in Luxury Jewellery Market in Germany: Ken Research
There was a 2% growth in sales of luxury jewellery in Germany, in 2016. As the interest on cash saving is low, people of Germany tend to buy luxury jewellery with the objective of investment. This type of investment was seen very popular in Germany and it became a factor of increase in growth of luxury jewellery. Germany showed a growth in costume jewellery and fine jewellery alike. Premium and
Blood Glucose Device Market & Forecast (Smbg) (Test Strips, Lancet, Meter)-Worldwide Analysis
Blood Glucose Device Market & Forecast (Smbg) (Test Strips, Lancet, Meter)-World …
Self-Monitoring Blood Glucose (SMBG) Device Market is expected to cross over US$ 16 Billion by 2020 as incidence of diabetes is increasing dramatically. It is estimated that 642 Million people will develop the disease by 2040. This is putting pressure on governments and social institutions to take necessary steps to keep the disease in check and avoid complications in order to ensure that diabetic impact is kept to a minimum.

All 4 Releases

More Releases for Turk

Crowdsourcing Platforms Market | Global and Regional Analysis and Forecast 2027 …
Crowdsourcing Platforms Market describes an in-depth evaluation and Covid19 Outbreak study on the present and future state of the Crowdsourcing Platforms market across the globe, including valuable facts and figures. Crowdsourcing Platforms Market provides information regarding the emerging opportunities in the market & the market drivers, trends & upcoming technologies that will boost these growth trends. The report provides a comprehensive overview including Definitions, Scope, Application, Production and CAGR (%)
Data Annotation Tools Market to See Huge Growth With Amazon Mechanical Turk, Lio …
Latest released the research study on Global Data Annotation Tools Market, offers a detailed overview of the factors influencing the global business scope. Data Annotation Tools Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Data Annotation Tools Market. The study covers emerging
Data Annotation Tools Market is Booming Worldwide with Amazon Mechanical Turk, L …
A Latest intelligence report published by AMA Research with title Data Annotation Tools Market Outlook to 2025. A detailed study accumulated to offer Latest insights about acute features of the Global Data Annotation Tools market. This report provides a detailed overview of key factors in the Data Annotation Tools Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. A thorough analysis of these
Heavy Duty Turk Vehicles Lighting KEYWORD Market Business Opportunities 2026 - T …
A new research study has been presented by offering a comprehensive analysis on the Global Heavy Duty Turk Vehicles Lighting Market where user can benefit from the complete market research report with all the required useful information about this market. The report discusses all major market aspects with expert opinion on current market status along with historic data. This market report is a detailed study on the growth, investment
Heavy Duty Turk Vehicles Lighting Industry Is Projected To Reach 28000 Million U …
This study focuses on the production side and consumption side of Heavy Duty Turk Vehicles Lighting, presents the global Heavy Duty Turk Vehicles Lighting market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Heavy Duty Turk Vehicles Lighting capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions
Turkey Telecom Market 2017: Key Players: Turkcell, Vodafone Turkey, Turk Telecom …
WiseGuyReports published new report, titled “Turkey: Country Intelligence Report” Summary "Turkey: Country Intelligence Report", a new Country Intelligence Report by GlobalData, provides an executive-level overview of the telecommunications market in Turkey today, with detailed forecasts of key indicators up to 2022. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband, mobile and pay-TV segments,