Over the past seven years, alternative protein production in Russia has increased 16-fold, and this growth is likely to continue.
Experts note that by 2030, production of these products could triple. Importantly, many projects that could achieve this are already underway.
For example, plant-based protein production is expected to increase significantly this year, with the launch of a new production complex in the Tyumen region.
This is expected to fully meet the country’s domestic demand for pea isolate. Furthermore, the second phase of the project is planned for next year.
This should ultimately make Russia a net exporter of this product, allowing it to capture almost 6% of the global market.
It is expected that the bulk of plant-based protein production in our country will come from deep soybean processing.
Experts cite the low cost of domestic plant-based raw materials as one of the main drivers of plant-based protein production growth. This allows Russian processors to actively expand capacity and remain competitive in both domestic and foreign markets.
At the same time, low prices for raw materials, including legumes and grains, allow Russia to obtain both plant and animal protein at minimal cost, analysts emphasize.
This is precisely what allows Russia to successfully compete with other agricultural producers in the global market.
It is important to note that 2.5 million tons of grain currently serve as the resource base for deep processing. According to forecasts, this figure will double to 5 million tons by the end of the decade.
Therefore, the forecast that this volume will at least double in the coming years appears quite realistic.
At the same time, low raw material costs are only one factor influencing enterprise profitability. Experts also note that it is crucial to provide enterprises with affordable electricity rates, as well as access to modern technologies and equipment.
Government support plays a key role here, including direct subsidies to reimburse the company’s capital expenditures.
Experts say there are plans to expand processing capacity in Russia in the near future.
This is especially relevant in regions that have long been leaders in plant-based raw material production.
