Abstract

This article is an attempt to analyse the potential for EU-grown soybean to become a credible market alternative in order to reduce the European protein deficit. The analysis is conducted from the perspective of the European feed industry. The market analysis shows that the EU has very little control on its soybean supply. Moreover, the nature of the EU protein deficit calls for an increase of the availability of protein-rich ingredients. With a favourable outlook from the point of view of the demand, the most relevant growth model should be determined in order to improve the competiveness of soybean for EU arable crops farmers. The two main options are niche markets as a first step to reach mainstream supply or a more direct approach towards mainstream supply which would very probably require public support.

Highlights

  • This article follows up on a previous OCL article (Martin, 2014) which described the way forward for protein supply, from the perspective of the European compound feed industry

  • After a brief description of the global soybean production and the European Union (EU) soybean consumption and production, the second section of this article looks at the European protein deficit from a different perspective

  • In the third and fourth sections, we will assess the factors which can have an influence on the European soybean production, respectively from a sup

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Summary

Introduction

This article follows up on a previous OCL article (Martin, 2014) which described the way forward for protein supply, from the perspective of the European compound feed industry. This article is an attempt to analyse more in depth the possibility to use EU-grown soybean as a credible alternative to reduce the European protein deficit. After a brief description of the global soybean production and the EU soybean consumption and production, the second section of this article looks at the European protein deficit from a different perspective. In the third and fourth sections, we will assess the factors which can have an influence on the European soybean production, respectively from a sup-

Global production and trade
European Union soybean consumption
Focus on EU soy production
Factors influencing the demand for EU soy
The EU protein deficit: need for concentrated protein sources
Locally-produced food
Non-GM demand
The environmental perspective
Common agricultural policy
Biofuels policy
Findings
Conclusion: niche or mainstream supply?
Full Text
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