The Red Caviar Market in Russia Will Be Segmented — VARPE

Red Caviar to Be Divided into Premium and Lower-Quality Categories The red caviar market in Russia will begin to segment in 2025 and will be divided into premium caviar with high cost and lower-quality caviar at a lower price. This was reported in an interview with TASS by German Zverev, president of the All-Russian Association of Fishery Enterprises (VARPE). According to him, measuring red caviar prices using an integral price indicator is no longer relevant. "Red caviar is a product that varies greatly in quality, and consequently in price, depending on the fish species, catch periods, processing, and storage methods. Price fluctuations within the 'red caviar' product category will become increasingly sharp," the expert explained. "The red caviar market is beginning to reformat this year and will change in the next three to five years. There is a segmentation of red caviar offerings, and demand will begin to adapt to this new segmentation. The red caviar market is returning to ...