Improving the Efficiency of the Food Industry in Baikal Region

Abstract

The relevance of the article is due to the fact that the food industry is one of the backbone elements of the Russian economy. The role of the industry in providing the population of the country with food products, its close ties with agriculture and its participation in the formation of the export potential determine its strategic importance. An efficient, highly productive, dynamically growing food industry is a priority in achieving high national competitiveness and ensuring the economic security of the state. The development of the food industry is an important priority for the Baikal region, given its social significance, its importance in the total volume of industrial products sold and the export of the region’s goods. The issues of developing directions for increasing the efficiency of the food industry enterprises that correspond to the specifics of the modern stage of its development in Russia and the regions and the urgent tasks of the state policy remain relevant. The purpose of the study is to analyze the current state and determine characteristic trends in the development of the food industry using the example of the Baikal region. On the basis of the carried out analysis, the article formulates recommendations for improving the efficiency of the food industry in the Baikal region: formation of a cluster of food and agricultural products; creation of an innovative infrastructure; development of marketing strategy, etc.