required report public distribution date 1 29 2005 gain number rs5301 russian federation food processing ingredients sector annual approved by eric wenberg ato director us embassy moscow prepared olga taybakhtina highlights russia s industry has been growing rapidly in recent years with a significant output increase of 25 percent 2003 which was valued at 32 5 billion 2004 reports are that the grew 18 but final figures not yet available due to preference for western style and beverages rising consumer incomes 145 million population is an excellent prospect exporters supply processors markets saturated products these trends expected into future keeping prospects bright continued development most local trying compete market quality oriented rather than price ingredient consumers many companies raw resources specialized meat bakery confectionary juice dairy from domestically sufficient satisfy their needs may participate usda sponsored pavilion november