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Overview of the Fast Food Industry in Russia and Ukraine
Aginsky Consulting Group, July 2008
Ukraine and Russia have experienced fantastic growth in the retail and restaurant industries since 2000. This growth is expected to continue into the next decade as tourism continues to rise and the stable macroeconomic conditions produce rapid growth of infrastructure and rising personal incomes. As consumer spending continues to grow people will opt for consumer food services, finding them convenient and time- and effort-saving. Cities will be the areas where consumer foodservice grows most dynamically, both in value and volume terms.
The opportunities for fast food establishments do not stop with Russia and Ukraine. There are opportunities for expansion throughout Eastern Europe. Countries in this region are experiencing very similar growth rates. Other optimal targets for expansion within Eastern Europe include, but are not limited to, Poland, Czech Republic, Hungary, and Romania. These markets are experiencing similar trends and overall development throughout the region is booming.
I. Ukrainian Market Overview
A. Macroeconomic Conditions in Ukraine
B. Ukrainian Retail Industry
C. Ukrainian Restaurant Industry
D. Ukrainian Fast Food Market
II. Russian Market Overview
A. Macroeconomic Conditions in Russia
B. Russian Retail Industry
C. Russian Restaurant Industry
D. Russian Fast Food Market
III. Conclusion and Opportunities
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