Russia’s food and beverage sector features a medium-to-high level of competition with about 45,000 companies operating in the sector as of October 2018, according to the latest figures provided by the statistics office. The food subsector is more fragmented, with a large number (38,400 enterprises) of both small and large-scale companies. The top 10 companies earned 17% of the subsector’s total sales in 2017. The high fragmentation calls for consolidation and creates opportunities for acquisitions. The beverage subsector is more consolidated, with the top 10 players generating 53% of total sales in 2017. Foreign companies are well-established in the sector, occupying leading market positions. Still, in line with the government’s increasingly protectionist policy, the M&A market is dominated by local players with Russian buyers responsible for nearly 77% of the M&A deals in the 2017-2018 period.

01 EXECUTIVE SUMMARY 

02 SECTOR IN FOCUS 

03 COMPETITIVE LANDSCAPE 

04 COMPANIES IN FOCUS

05 REGULATORY ENVIRONMENT 

06 FOOD 

07 BEVERAGES