Tridge summary
A study by Interagro, a company specializing in food industry and agribusiness equipment production, predicts significant growth potential for the Russian vegetable market, with the possibility of reaching 20.5 million tons, a 34.9% increase from 2022. This growth is largely due to the expansion of greenhouse vegetable cultivation, which increased its production capacity by 2.8 million square meters in 2022, covering over 41 million square meters in total. The market saw record gross harvests of greenhouse vegetables in 2022, with tomatoes and cucumbers being the dominant crops. To further drive market growth, the study suggests improving product quality, expanding product range, and increasing organic vegetable consumption. Efforts are also being made towards mutual recognition of organic standards with China, potentially opening up a significant export market for Russian agricultural products.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Last year, 13.5 million tons of open and protected ground vegetables were harvested Taking into account the current consumption dynamics and its recommended norms, the Russian vegetable market has a growth potential of up to 20.5 million tons, which is 34.9% higher than in 2022. This is stated in a study by the Interagro company, which specializes in the production of equipment for the food industry and agribusiness, Agroinvestor reports. Tamara Reshetnikova, CEO of Technologies of Growth, specified that in 2022 the commercial production of greenhouse vegetables amounted to 1.5 million tons, and their total market was about 2 million tons. In general, the production of commercial vegetables in Russia last year amounted to about 6 .5 million tons; All farms, according to Rosstat, collected 13.5 million tons of open and closed ground vegetables. Analysts of the company in their study noted that in 2022, the growth of production capacities continued in the greenhouse vegetable ...
Source: Specagro
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