Development Trends and Factors Affecting the Financial Performance of Food Industry
- DOI
- 10.2991/aebmr.k.201215.014How to use a DOI?
- Keywords
- financial result, factor analysis, food industry, sales profit, bakery products
- Abstract
The article examines the activities of the food industry, which produces and sells products necessary for the livelihood of its citizens. Trends in the development of the food industry are considered and factors influencing the main indicators of organizations in the food industry are identified. These factors are improving the quality and quantity of food products, paying attention to the growth of population demand for food products, attracting investment funds, implementing customs and tariff regulation measures, developing the raw material base, applying innovative technologies and developing technical regulations to improve the quality of products. Indicators of the development of the food industry and the processing industry of the Russian Federation for the period 2013-2020 are analyzed in detail. Dynamics of growth in the volume of production and processing of the food industry by 2020, as well as fluctuations in the total level of GDP of the Russian Federation in billion rubles are evaluated.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Natalya Solovjeva AU - Igor Karachev AU - Inna Shapovalova AU - Victoriya Shved AU - Ekaterina Dombrovskaya PY - 2020 DA - 2020/12/17 TI - Development Trends and Factors Affecting the Financial Performance of Food Industry BT - Proceedings of the 8th International Conference on Contemporary Problems in the Development of Economic, Financial and Credit Systems (DEFCS 2020) PB - Atlantis Press SP - 66 EP - 69 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.201215.014 DO - 10.2991/aebmr.k.201215.014 ID - Solovjeva2020 ER -