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Article: Demand for Western-Style Bakery Products is Growing in Russia.
- Article from:
- PR Newswire
- Article date:
- March 10, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LAHTI, Finland, March 10 /PRNewswire/ -- The demand for bakery products has seen a strong increase in recent years in Russia. One of the major reasons for the growing demand is the growth of the Russian population's buying power. Local products are leading the market, as they occupy the largest part of the market, but the demand for western-style and more expensive bakery products is constantly growing. Also the demand for frozen bakery products is growing. As most of the local players concentrate on manufacturing products in the lower price segment, there are enormous opportunities for foreign companies, which are actually leading the upper price segment.
The ...