The FINANCIAL — To date, development of the market direction of soybean deep processing is rather promising for the Ukrainian market segment of the reporting oilseed, declared the Head of Marketing Department at the agri-industrial holding Astarta-Kyiv, Irina Shadyuk during her speech at the conference “Fat-and-Oil Industry -2015” on November 6 in Odessa.
Intensification of competition for both raw materials and consumers is the main factor determining the further development of soybean domestic market. In such terms, oilseed processors are looking for new opportunities and directions, which also cover development of the market direction of soybean deep processing, said the expert.
According to her, increased consumption level of the commodities of soybean deep processing (especially soy protein) in the world, high potential of import substitution of such commodities, as well as its high cost, form the high attractiveness of the trend.
At the same time, I.Shadyuk noted that development of soybean deep processing requires additional consideration of some important features of the market segment. In particular, it is important to comply with the NON-GMO standard. Also, in terms of high-protein foodstuffs production there is required availability of its own laboratory for qualitative and operative control for compliance of the resulting commodity content with the announced quality and customer requirements. It should be also taken into account the need for strict observance of the declared qualitative indicators, and a number of other features.
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