The purpose of the article is to reveal the state of Ukraine’s food security and assess the possibility of increasing Ukraine’s contribution to strengthening global food security in the face of modern internal and external challenges. Research methods. The article uses general scientific research methods, in particular: analytical generalizations for systematizing and summarizing current views on global food security; induction and deduction for analysing the state of food security in Ukraine and determine positions of some countries of the world in the global food security index; statistical comparison and grouping for study of food consumption and food costs, assessing adequacy of consumption and a level of self-sufficiency in food products of Ukraine; graphic for visual display of the statistical analysis results in terms of production and foreign trade of food industry products. Research results. Current trends in food production and consumption, which determine the level of global food security, and assessment of Ukraine’s potential to enhance domestic and global food security were presented. Using an indicator named the Global Food Security Index (GFSI) and main indicators of food security calculated according to the domestic methodology, as well as other foreign and domestic sources, an assessment of the state of food security was presented for a wide range of its components and compared to reference countries. Elements of scientific novelty. Ukraine’s place in the global food market was determined on basis of the comparative analysis of the Global Food Security Index, which made it possible to substantiate possibilities of the food industry in strengthening global food security in terms of internal and external challenges. Practical significance. The results can be used in a process of further scientific study of an important scientific problem, in particular shaping the food security of Ukraine and determining its contribution to strengthening global food security. Tabl.: 4. Figs.: 1. Refs.: 24