Russia: Which segments of the dairy market will grow, according to the General Director of Soyuzmoloko

Soyuzmoloko General Director Artem Belov told at the meeting about where in the coming years it makes sense for investors to go and due to what the market will grow. Milknews has summarized the expert's advice. Over the past two years, every fifth ruble invested in the food industry fell on dairy processing. This allowed the sector to come out on top in terms of investments among the processing industries, which was impossible to imagine 8-9 years ago. In 2019, the volume of investments amounted to about 50 billion rubles, and in total over 10 years - more than 250 billion rubles. Where did these funds go? A significant amount of these funds was directed to the development of the cheese-making industry, and as a result, a significant number of both domestic and international companies operating in this segment are included in the rating of the largest processors. In the future, according to our estimates, cheese-making will continue to develop very dynamically, and cheese-making ...