Food Processing / Packaging Global Market
Insights and Opportunities
Overview: Food processing is one of the fastest-developing sectors of Ukraine’s economy, growing at an estimated 20-30% annually. The opening of the Ukrainian market has brought change in the range, appearance, and quality of food products over the past seven or eight years. From a widely fragmented market with unbranded product lines, the Ukrainian food and drinks market has been transformed into a relatively developed market featuring a wide range of both international and local brands. Nearly 97% of foodstuffs consumed in Ukraine are produced domestically. These products include meat, poultry and dairy products, macaroni, confectionery and bakery products, alcoholic and non-alcoholic drinks, and canned meat and vegetables. Ukrainian food producers are upgrading their production facilities and searching for new technologies to remain competitive in the domestic market and to increase exports. Nearly 80% of the imports come from major suppliers in Germany, Italy, Sweden, and Denmark.
Best Products/Services: Sectors include: Dairy equipment; Equipment for breweries; Equipment for producing and bottling beverages; Fruit and vegetable processing equipment; and Equipment for candy production and packaging.
Opportunities: Foreign acquisition of domestic food processing firms.