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Sector of food Industry of Ukraine

Food processing sector is one of the most rapidly developing sector of Ukrainian economy. Domestic and foreign investment in the Ukrainian food industry enterprises, the borrowing of international experience were important factors in the process of active development of this sector of the economy.
At the end of 2015, the food processing sector in Ukraine 2.955 billion dollars of direct foreign investment was invested, accounting for 5.9% of all foreign direct investment in the national economy and 18.4% of the total foreign direct investment in Ukrainian industry.
The largest investors in the food industry Ukrainians are following countries: Germany (25% of total investments), the UK (14% of the total investment) and Cyprus (14% of total investment), Italy, France, Denmark.
The distribution of investments by industry food industry
Food processing sector is one of the most rapidly developing sector of Ukrainian economy. Domestic and foreign investment in the Ukrainian food industry enterprises, the borrowing of international experience were important factors in the process of active development of this sector of the economy.
At the end of 2015, the food processing sector in Ukraine 2.955 billion. Dollars of direct foreign investment was invested, accounting for 5.9% of all foreign direct investment in the national economy and 18.4% of the total foreign direct investment in Ukrainian industry.
The largest investors in the food industry Ukrainians are following countries: Germany (25% of total investments), the UK (14% of the total investment) and Cyprus (14% of total investment), Italy, France, Denmark.
                                                                                                        The distribution of investments by industry food industry

                                                                                                                                   Food processing industry

Distribution, %

1

Beverage industry

43,5%

2

Production of other food (confectionery, tea, coffee, condiments, spices, ready meals, etc.)

19,5%

3

Production of oil and animal fat

14,2%

4

Dairying

5,4%

5

Processing and preserving of fruit and vegetables

5,1%

6

Manufacture of tobacco products

4,6%

7

Manufacture of grain mill products, starches and derivatives thereof

3,1%

8

Production of bread, bakery and pastry

2,2%

9

Production of meat and meat products

1,4%

10

Manufacture of prepared animal feeds

1%

                                                                                                                                                                                                                                            (According to the Ministry of Agrarian Policy of Ukraine)
Production of food is more than 15% of the total volume of products produced on the territory of Ukraine. Domestically produced goods occupy about 95% of food products sold in the domestic market of Ukraine. Exports of food products produced in more than 40 countries.
The key directions of attracting investments into the sector of economy of Ukraine is:
- Development of local, regional investment promotion programs;
- The creation of free economic zones;
- The development of the securities market;
 - The concentration of internal resources with government support in order to implement large investment projects and priorities;
- Intensification of processes aimed at the renewal of production, with the ultimate aim of improving the quality of manufactured products;
- The introduction of modern technologies and the use of modern scientific research.
Possessing significant production capacity, human resources and modern research potential branch of the food industry in Ukraine is becoming increasingly attractive to foreign investors. At the moment, interest in this sector of the economy are showing not only European countries, but also countries of the East.(According to the Ministry of Agrarian Policy of Ukraine)
Production of food is more than 15% of the total volume of products produced on the territory of Ukraine. Domestically produced goods occupy about 95% of food products sold in the domestic market of Ukraine. Exports of food products produced in more than 40 countries.
The key directions of attracting investments into the sector of economy of Ukraine is:
- Development of local, regional investment promotion programs;
- The creation of free economic zones;
- The development of the securities market;
 - The concentration of internal resources with government support in order to implement large investment projects and priorities;
- Intensification of processes aimed at the renewal of production, with the ultimate aim of improving the quality of manufactured products;
- The introduction of modern technologies and the use of modern scientific research.
Possessing significant production capacity, human resources and modern research potential branch of the food industry in Ukraine is becoming increasingly attractive to foreign investors. At the moment, interest in this sector of the economy are showing not only European countries, but also countries of the East.