Estimations of Russia’s food ingredients market volume, made by the branch experts and market players, vary a lot. Russian food ingredients market is estimated at RUR 1.5 – 3 bn. According to RBC. Research the volume of Russian food ingredients market is more than RUR 2bn.
The main consumer of food ingredients in Russia is meat processing industry, which is growing by 15% annually.
Due to the demand of the domestic food industry the food ingredients market has recovered promptly after the recessions and is expected to increase by 10% in 2011. 2010 the growth pace reached 5%.
Source: www.marketing.rbc.ru