INNOVATIVE DEVELOPMENT OF FOOD INDUSTRY IN CONDITIONS OF INSTABILITY IN UKRAINE

The article examines innovative mechanisms for the effective development of food industry in Ukraine, which include the efficient use of raw materials base, logistics space of finished products consumption, natural conditions, as well as scientific and technical potential. Key indicators that exhibit instability in production and business activities of enterprises and extremely low competitiveness on domestic and foreign markets of both the enterprises and the state as a whole have been analyzed. One of the main reasons for this state of the domestic economy is that the management processes in most industrial enterprises continue to suffer the burden of the old management principles. The factors of integration into the global economy and the need to include these factors in addition to the factor of influence global processes, macro and micro levels have been concerned. Analysis of the consumption basket of the average Ukrainian and clarifications about the need to promptly review and make changes to its structure have been suggested. The idea that Ukraine has great potential for the implementation of the mechanism of innovations introduction in the food industry. Changing has been developed of legislation the system and institutional foreign economic activity management component are capable for giving a new impetus to the development of Ukrainian food industry.