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The aim of this work is to analyze the current stat e of the food industry of Ukraine and consideration of its development prospects under th set priorities of national economy development and the preconditions for establishing favorable entrepreneurial climate in the food sector of national economy. The main trends and factors contributing to the fur ther development are outlined, the structure and the dynamics of characteristic indicators of ac tivity of food industry enterprises; the author also outlines the directions and factors in increasing the efficiency of food industry enterprises functioning within the industrial compl ex of Ukraine. State regulation of the food industry should be focused on the development of pr oduction of high-tech innovative products with the highest possible added value, which will i ncrease the competitiveness of food products and the level of industrial processing.

AN ANALYSIS OF THE CURRENT STATE OF THE FOOD INDUSTRY OF UKRAINE AND DETERMINING THE PROSPECTS FOR ITS DEVELOPMENT