Food Industry in Kherson Region: Regional Dimension of Modern Dynamics

Abstract

The article is aimed at studying the current status and major tendencies in the functioning of food industry in Kherson region, to form strategic development guidelines and to ensure competitiveness in the conditions of an unstable external environment. It is determined that the food industry is a strategically important industry sector in the agro-industrial complex of Kherson region. The region’s food industry enterprises have a fairly wide specialization and provide the population with a wide range of products such as meat, dairy, flour and cereals, bakery, etc. The dynamics of the main indicators of development of the food industry in Kherson region during 2010-2017 were analyzed. Despite the priority of the industry in the region, the deterioration of the main indicators of development of the food industry in Kherson region continues, which is associated with increased competition in the foreign food market, severization of requirements to their quality characteristics, low per capita income. The contribution of food industry enterprises to the Kherson region industry in terms of sales volumes, exports, capital investments, foreign direct investment and the number of employees is considered. Using the SWOT analysis, essence of the strategic guidelines for the development of Kherson region food industry has been identified, considering the strengths and weaknesses, opportunities and threats of the industry in the context of sustainable development of the State’s economy.

Keywords

• food industry
• dynamics
• exports
• strategy
• kherson region
• industrial products index
• swot analysis