Russia - Increase in turkey production

26.09.2012
Russia's turkey meat market over the next 10 years will increase five-fold, from the current 100,000 tonnes per year to 500,000 tonnes per year, said Vadim Vaneev, CEO of Eurodon, the largest producer of turkey meat in Russia, in an interview with the paper Vedomosti.

"The Russian turkey market is evolving, and after 10 years it will increase to 500,000 tonnes from the current 100,000 tonnes. When I said that 10 years ago everybody just smiled," said Vadim Vaneev.

"This year, the world will produce 302 million tonnes of meat, while turkey shall only produce 5.4 million tones. And America is the largest producer of turkey in the world they account for about 2.5 million tonnes of global production. The share of turkey meat in overall meat consumption is not more than 2%. And I think that the turkey can and should have a minimum of 15-20%. Turkey meat is lean, it is very rich in protein and it has a digestibility of about 95%, only mother's milk is more digestible. It is the perfect food for athletes, and for the children," added Vadim Vaneev.

"Our country has announced 35 new turkey projects. Clearly, not all of them will actually run. Where will they get their labour from? They simply do not exist in the country [in sufficient numbers]. And everything centres around people. But even despite the labour shortage, within two years Russian market will be producing 250,000 tonnes of turkey meat. The country is not ready for this amount of turkey meat. We are not seriously engaged in the promotion of turkey. First, I think we need to run our project.

According to Vadim Vaneev with the increase of the volume of the market, the Russian consumers also will see the fall of prices.

Now the amount of turkey on the market is small, that's why prices for it are so high. Despite the high price turkey commands, at the current volume the turkey is in great demand," he added.

Source:yahoo news

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