FDBusiness.com

Report Finds Growth Potential For EU Plant Proteins

 Breaking News
  • Kerry Group Benefits From Unique Business Model Kerry Group, the global taste, nutrition and consumer foods business, has reported a 3.1% increase in revenue to €6.6 billion for the year ended 31 December 2018, reflecting strong volume growth and contribution from acquisitions, partially offset by adverse currency movements. Business volumes grew by 3.5% and pricing decreased by 0.5% against a backdrop of [...]...
  • Premier Foods Discontinues Ambrosia Sale Process Premier Foods has decided not to proceed with the potential disposal of its Ambrosia brand. A number of parties expressed interest in the business, and since the New Year Premier Foods has been engaged in detailed discussions with a small group of potential buyers. However, the Premier borad has concluded that in the present business [...]...
  • Heineken Maintains Strong Top Line Growth in 2018 Heineken achieved organic net revenue growth of 6.1% to €22.471 billion in 2018, with a 4.0% increase in total consolidated volume and a 2.0% increase in revenue (beia) per hectolitre. Operating profit (beia) rose organically by 6.4% to €3.868 billion but the operating profit margin (beia) slipped by 17 bps to 17.2%. Net profit for [...]...
  • Another Year of Progress For Nestlé Nestlé has reported a 2.1% increase in sales to SFr91.4 billion (€80.6 billion) for 2018 with organic growth of 3% and group RIG of 2.5%, which was at the high end of the food and beverage industry, helped by faster innovation and successful new product launches. 2018 organic growth was supported by stronger momentum in [...]...
  • Fast-growing Asia Maternal Nutrition Market to Boost Demand For Dairy ingredients and Formula Maternal nutrition is a hot new opportunity in emerging markets, according to the latest report from food and drink experts, Zenith Global. In many parts of Asia, the concept of optimal nutrition during the first 1,000 days of a baby’s life (from conception to two years old) is capturing the attention of mothers and their [...]...

Report Finds Growth Potential For EU Plant Proteins

Report Finds Growth Potential For EU Plant Proteins
November 27
10:14 2018

The European Commission has adopted its report on the development of plant proteins in the European Union. The report reviews the supply and demand situation for plant proteins (such as rapeseed, sunflower seeds or lentils) in the EU and explores ways in which to further develop their production in an economically and environmentally sound way.

Agriculture and Rural Development Commissioner Phil Hogan says: “Plant protein is an essential component of our European agri-food sector, which produces food and drink to the highest standards in the world. However, due to a variety of market and climatic factors, European protein crop production is not sufficient to cover the growing demand. In that regard, I also want to acknowledge the strong interest of the European Parliament in further supporting protein production in Europe. This report will serve as an important reference point for an EU-wide debate on how to chart a sustainable way forward, which cannot be done by the European Commission alone and requires the active input of all stakeholders.”

The report presents a number of existing policy instruments and new policy proposals which can contribute to realise the economic and environmental potential of protein plants in the EU. These include:

  • Supporting farmers growing plant proteins via the proposed future CAP, by including them in national CAP strategic plans, in particular through rewarding the benefits of legumes for environment and climate objectives through eco-schemes and environmental/climate management commitments under rural development programmes; mobilising rural development support e.g. to stimulate investments and cooperation along the food chain; coupled income support;
  • Boosting competitiveness through research & innovation from EU and Member States’ research programmes and the doubling of the budget of the Horizon Europe programme for 2021-2027;
  • Improving market analysis and transparency through better monitoring tools;
  • Promoting the benefits of plant protein for nutrition, health, climate and environment with the support of the Commission’s promotion programme, amounting to close to €200 million in 2019;
  • Increased sharing of knowledge/best practice in supply chain management and sustainable agronomic practices through a dedicated online platform for example.

The state of play of plant proteins in the EU

There is a high demand for plant proteins in Europe, amounting to around 27 million tonnes of crude protein in 2016/2017 and the EU’s self-sufficiency rate varies substantially depending on the source (79% for rapeseed and 5% for soya, for example). As a consequence, the EU imports annually around 17 million tonnes of crude protein of which 13 million are soya based. However, there are positive trends: the soya area in the EU has doubled to almost one million hectares since the CAP reform in 2013. Similarly, in the case of pulses (field peas, faba beans, lentils, chickpeas), production has almost tripled in the EU since 2013.

While animal feed remains the most important outlet (93%), the market for plant proteins has experienced considerable segmentation, with demand in high-value feed and food sectors growing. The food market for plant proteins is seeing double-digit growth, driven by demand for meat and dairy alternatives.

This report is intended to meet the Commission’s commitment to review the supply and demand situation for plant proteins in the EU and to explore possibilities to further develop their production in an economically and environmentally sound way.

In addition, the European Parliament adopted a report in April 2018 calling for a European strategy to promote European protein crops.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • June 18, 2019Multimodal 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements