Markets: frozen food: Russia
The frozen food sector in Russia, in particular seafood, is a dynamic, rapidly developing market. Market figures for frozen fruits and vegetables, including berries and mushrooms rise an average of 30% per year whilst the demand for frozen seafood is catching up with an estimated annual growth of 17% due to concerns for health and overall increased exposure to seafood. Within this segment, the demand for ‘delicacies' such as octopus, squid, mussels and shrimp is rising by approximately 35% each year according to studies carried out by RosBusinessConsulting (RBC).