Ukraine's baby food market has been characterized by growth in times of economic and political stability, interrupted periodically by sharp falls as the country is hit by economic shocks. The market continued to grow in 2014, but in 2015 underwent a 16% drop. A 7.5% fall in the number of births in 2014 was followed by an even stronger reduction of 11.6% in 2015. Rapidly rising inflation has pushed up the value of the market, a rise of 133%, but in real terms the increase is much lower, at 18%, with prices falling in real terms. Ukraine's economy began to recover in the first half of 2016, and the country is expected to achieve a 1.2% increase in GDP for the year as a whole.
Food & Beverage Market
Packaged Food Market