Food market in Russia - statistics & facts
Russia's food market was the seventh-largest worldwide, positioning between Indonesia's and France's. In 2023, it was estimated to have a revenue of over 229 million U.S. dollars, which will increase in the years until 2029. Russia is a major producer of various agricultural food commodities, especially grains, which makes the industry particularly significant for the economy. Within Russia, the country has an import substitution policy after several major companies left the market in 2022.
Moscow-founded X5 Retail Group has consistently remained the leading food retailer in Russia. The Group operates in different retail formats and accounts for a very successful online retail segment. Accelerated growth of e-grocery brought new players onto the market, with Samokat ranking among the fastest-growing online food retailers.
The Russian food market continues to develop under the import substitution policy, despite the exit of several international brands and price increases of several basic products. The growing popularity of online grocery retail as well the country's production capabilities contribute to further expansion of the industry.
Selected food segments
One of the most prominent food market segments in Russia is meat, as the country is among the leading pork producers. In addition, confectionery and snacks are another growing segment, with an estimated revenue of 43,000 U.S. dollars in 2024. Of all food categories, Russians consume milk and dairy products the most. An average person consumed more than 260 kilograms of milk and dairy per year in 2022.Foreign trade in food
The value of food products imported to Russia decreased in 2023, reflecting the shift to domestic products as well as a decrease in consumer prices relative to the previous year. At the same time, agri-food exports continued a positively developing trend, with cereals and grains being the most-exported commodity. China and Turkey were Russia's major food export partners in 2022.Food retail and key players
Grocery sales in Russia have been consistently growing. In 2023, the total value of food products sold in the country reached almost 20 trillion Russian rubles. Online food retail is one of the contributors to the market growth during past years. The coronavirus (COVID-19) pandemic provided a significant nudge to this segment on its path to speedy development, and in 2022, online food sales kept growing even further, to over 550 billion Russian rubles.Moscow-founded X5 Retail Group has consistently remained the leading food retailer in Russia. The Group operates in different retail formats and accounts for a very successful online retail segment. Accelerated growth of e-grocery brought new players onto the market, with Samokat ranking among the fastest-growing online food retailers.
The Russian food market continues to develop under the import substitution policy, despite the exit of several international brands and price increases of several basic products. The growing popularity of online grocery retail as well the country's production capabilities contribute to further expansion of the industry.
