World meat industry news

The rate of decline in the Russian foodservice market in 2020 continues to slow down, turnover in September 2020 amounted to 132.6 billion rubles, or 86% to the level of the corresponding period of the previous year. This is stated in the materials of Rosstat.

The turnover of the foodservice segment in Russia in January - September 2020 amounted to 947.5 billion rubles, or 77.2% to the level of last year (a drop of 22.8%). By August 2020, the turnover of foodservice outlets in September increased by 11.5%.

Compared to Q2, Q3 growth was 70.6%. The turnover of foodservice segment in Russia began to fall against the background of the coronavirus pandemic: in April it fell by 52.6% compared to the level of the corresponding period of the previous year, to 63 billion rubles, in May - by 52.9%, to 64.1 billion rubles, in June - by 43.8%, to 78 billion rubles.

In July, the rate of fall slowed down significantly - turnover decreased by 28.2%, to 100.6 billion rubles. In August, the turnover of foodservice fell by 18.7% compared to the same period last year, to 118.7 billion rubles. (growth by July amounted to 17.5%).

In the first half of the year, in annual comparison, the turnover of foodservice outlets decreased by 24.3%, to 595.6 billion rubles.

Source: Sfera FM