A market report "Analysis of feed protein market in Russia," prepared by analytical agency BusinesStat, indicates that during the period from 2007 to 2011 the demand for animal feed protein in Russia decreased by two percent from 184,000 tons to 180,000 tons. From 2007 to 2008 there was an increase of 13.9 percent which at the time was the highest growth in ten years. The main reason for the growth was an increase in the volume of exports, 19 percent compared to 2007. However, during 2009-2011, there was a significant decline in demand for animal feed protein, mostly due to an increased demand for feed protein substitutes. The main competitors being soy and sunflower meal, and fish meal. Read more ...
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