Organic foods market: global trends and prospects for further development in Russia

The article views the problems and the prospects of organic foods market’s formation and development. The authors aimed at identifying the nature and specificity of organic products, displaying trends in the global market of organic product, determining the condition of the Russian food market. Also, the author assessed the possibilities and prospects of organic segment in the Russian food market. This assessment has a significant practical importance, because it will allow to business representatives assessing their capabilities when they decide to enter at the Russian organic food market. Formation of this market in our country shall be regarded both in terms of consumer demands and other important aspects, which includes manufacturing, agriculture, natural resources and legal aspects. The authors keep an issue on the front-burner to definition of the major factors affecting the development of the Russian organic food market and find its potential.

ECO, BIO, organic, biological, ecological