Development Trends and Factors Affecting the Financial Performance of Food Industry

摘要

The article examines the activities of the food industry, which produces and sells products necessary for the livelihood of its citizens. Trends in the development of the food industry are considered and factors influencing the main indicators of organizations in the food industry are identified. These factors are improving the quality and quantity of food products, paying attention to the growth of population demand for food products, attracting investment funds, implementing customs and tariff regulation measures, developing the raw material base, applying innovative technologies and developing technical regulations to improve the quality of products. Indicators of the development of the food industry and the processing industry of the Russian Federation for the period 2013-2020 are analyzed in detail. Dynamics of growth in the volume of production and processing of the food industry by 2020, as well as fluctuations in the total level of GDP of the Russian Federation in billion rubles are evaluated.