Less rye is sown in Russia every year, what will happen to the bread on the shelves

Published 2024년 9월 30일

Tridge summary

The Russian bread market is experiencing growth, with prices remaining below inflation and an increasing number of small and micro bakeries. The market is expected to grow by 4-5% by 2024, reaching 1.8 trillion rubles. However, the rye bread segment is facing problems, with a lack of competition and a decrease in rye cultivation due to low prices. The Bakers' Guild is launching the "Rural Bread Baking" project to address the lack of competition in large cities and to develop rural bakeries. The high yield and potential of rye, particularly in Russia's middle and northern regions, are not being utilized due to the unprofitability of its production.

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Original content

The bread market in Russia is growing and becoming more competitive, while prices remain below inflation. However, there are certain problems in the seemingly popular rye bread segment. The bakery market in the Russian Federation has been stable at about 11 million tons per year in recent years, Yuri Katsnelson, President of the Russian Guild of Bakers and Confectioners, told Moskovskaya Gazeta. “Perhaps this is a slightly understated figure, because Rosstat does not take into account small producers, so we can safely add 2-2.5 million tons here. 2023 turned out to be a “revolutionary” year, because for the first time the Russian bread market in monetary terms exceeded 1 trillion rubles. By the end of 2024, we expect figures of 1 trillion 80 billion rubles. The market is constantly growing by 4-5%, people spend more money on bread,” Yuri Katsnelson said. A clear trend has emerged in the structure of bakery production — the prevalence of small and micro businesses, noted the ...

Source: Zol