Russia's food industry faces its first recession in 15 years: production and investment decline

According to analysts, the number of new investment projects in the food industry fell by 45%, with total investment amounting to 104.7 billion rubles. Investor interest is greatest in the dairy, meat, and processing sectors. At the same time, companies are increasingly seeking ways to diversify their businesses and improve efficiency, rather than expand capacity. The shift to more affordable products and the increased share of prepared foods confirm a shift in consumer preferences amid economic instability.