Food clusters in Russia accounted for more than 40% of new investment projects

The findings are based on calculations by the consulting company Commonwealth Partnership (CMWP). Such industries accounted for 43% (95 hectares) of the total 220 hectares of land allocated in 2023–2024 under the program, and 47% (800,000 sq. m) of the declared volume of industrial construction. The activity of other industries is significantly lower.

According to O2 Consulting CEO Filipp Danko, the program works in St. Petersburg, Volgograd and other cities. In Moscow, he believes, investors have much more opportunities, but the requirements for projects are stricter.

Experts associate investment activity in the food sector with the availability of preferential loans and growing demand for food products. In 2024, a quarter of Russians surveyed said they began to spend more on this category of goods. The development of the market is facilitated by the food embargo, high demand for ready-made and semi-finished products, and the departure of a number of foreign brands from Russia since 2022.

The dark kitchen format, which requires the most efficient supply chain, has recently become very popular. Ready-to-eat food, single-serve portioned products are the fastest growing area in the food industry, Dmitry Vostrikov, executive director of Rusprodsoyuz, told the publication.

According to the Infoline forecast, sales of prepared food in Russia in 2024 will increase by 38.8% year-on-year, to 1.04 trillion rubles.

In mid-August, Russian food producers sent letters to retailers about increasing purchase prices by 5-40%. The main factor behind the price increase was the tightening of the monetary policy by the Bank of Russia.

Cover photo: mdjaff /

Source: rb.ru