During the review period (2016-2021), the Russian savory and deli foods market showed moderate growth, but it is anticipated to slow down over the forecast period (2021-2026).

Despite the unstable economic conditions and high inflation rate, the market experienced moderate growth in the review period. Furthermore, the increasing demand for convenient and on-the-go food options is driving the growth of savory and deli food products. Additionally, the growing awareness about artificial ingredients and high salt levels is creating a demand for healthy snacking options, such as prepared salads and sandwiches.

The Russian savory and deli foods market generated total revenues of $6,134.1 million in 2021, with a compound annual growth rate (CAGR) of 3.4% between 2016 and 2021.  

The market consumption volumes declined with a CAGR of -0.4% between 2016 and 2021, with a total of 1,422.4 million kilograms in 2021. The market’s volume is expected to decrease to 1,418 million kilograms by the end of 2026, representing a CAGR of -0.1% for the 2021-2026 period.

In 2021, the pre-packed sandwiches segment was the most profitable in the market, with total revenues of $1.3 billion, equivalent to 21.4% of the market’s overall value. The fermented meats segment contributed revenues of $1.2 billion, representing 19.9% of the market’s aggregate value.

The market’s performance is anticipated to decelerate, with an expected CAGR of 3.1% for the five years 2021-2026, which is projected to drive the market’s value to $7,149.4m by the end of 2026.