Modern Industrial and Financial Risks of Food Industry Enterprises

The article analyzes the sectoral and financial risks of food industry enterprises. The food industry is one of the most important components of the food complex and has a significant impact on the quality and standard of living of the population, as well as the country's food security. In general, Russia fully provides itself with food. The food industry market is one of the most competitive and rapidly developing in the Russian economy. However, the high refinancing rate and consumer behavior trends have a significant impact on the progressive development of this industry. Based on the analysis of statistical data and consumer preferences, significant risks and their forms of manifestation were identified. The specifics of the risks of food industry enterprises are related to the specifics of this industry, namely: the multiplicity of partners, high rates of cash flows, dependence on the supply of agricultural raw materials, and low profitability. The results of the study show that today the organization of work on financial risk management of food industry enterprises is an important factor in ensuring the country's food security.