Tatyana V. Savchenko, Andrey V. Ulez`ko, Alexander A. Tyutyunikov, Denis G. Bonda, Yulia A. Prosyannikova, On the Identification of Local Food Markets Boundaries and Their Development Forecasting, International Business Management, Volume 9,Issue 7, 2015, Pages 1652-1655, ISSN 1993-5250, ibm.2015.1652.1655, (https://makhillpublications.co/view-article.php?doi=ibm.2015.1652.1655) Abstract: The study discusses the issues, concerning an economical category “local food market”, describes specific character and main principles of local food markets area organization in Russia. The research offer a methodological approach to the determination of local food markets economical boundaries judging by the territory where the group of economic entities can satisfy their requirements and sell the goods with transaction and logistical costs. The research also provide regional food market development forecast in Amur Region, Russia. Keywords: Local food market;market area;markets regulations;development forecast;Russia