Potential of Bio-Technologies in Food Industry of Russia

The article provides analysis of bio-technology potential in food industry, which allows us to identify opportunities to introduce bio-technologies and put out bio-produce with high added value. Within the previous period of time food industry of Russia has shown sustainable growth in production volumes, which forms an important indicator of economy development and provision of food security in the country. Dynamics of food produce growth is stipulated by a number of factors, including state support of the sector, modernization of production capacities, extension of the product range and rise in export potential. One key growth driver is the program of import substitution. Balance between export and import of food produce is a significant indicator of economic sustainability and food security of the country. By 2025 export-import balance of food products and agricultural raw materials has seriously improved in Russia, which testifies to successful realization of state policy in the field of agriculture and food industry oriented to provision of food security of the country and developmentt of export potential.