HIGH PROTEIN FEED MARKET: CURRENT TRENDS AND PROSPECTS FOR UKRAINE
Abstract. The research is devoted to the problem of formation of high-protein feeds market for farm animals in Ukraine in conditions of European integration processes. The problem of providing the population with high quality food is becoming more global, the demand for high protein food products o...
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| Format: | Article |
| Language: | English |
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FINTECH Alliance LLC
2021-02-01
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| Series: | Фінансово-кредитна діяльність: проблеми теорії та практики |
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| Online Access: | https://fkd.net.ua/index.php/fkd/article/view/3235 |
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| author | V. Petrychenko V. Likhochvor I. Voronetska L. Fedoryshyna I. Petrychenko |
| author_facet | V. Petrychenko V. Likhochvor I. Voronetska L. Fedoryshyna I. Petrychenko |
| author_sort | V. Petrychenko |
| collection | DOAJ |
| description |
Abstract. The research is devoted to the problem of formation of high-protein feeds market for farm animals in Ukraine in conditions of European integration processes. The problem of providing the population with high quality food is becoming more global, the demand for high protein food products of a good quality is growing as well as the need for protein-balanced feeds for livestock. The dynamics of high-protein feed production in Ukraine and EU countries has been studied. The tendencies of the high-protein feeds market formation in Ukraine are considered. By means of benchmarking, price trends in the protein feed market in the EU and Ukraine have been analyzed. Ukraine has favorable soil and climatic conditions for the production of quality, safe products as well as efficient logistic routes available. As a result of the study it was found that the key factor for Ukraine’s penetration into the EU feed market is the need for high-protein feeds. The directions of solving the problem of feed protein deficiency for the needs of animal husbandry are determined. Environmental problems regarding feed quality and safety in the context of Ukraine’s aspirations for European integration are substantiated. The legislative basis for ensuring the quality and safety of feed and feed resources is considered. As a result of SWOT-analysis of vegetable protein production in Ukraine, it was found that Ukraine has significant potential for the production of competitive feed protein that meets domestic needs, form high export potential and promote entry into European and Asian markets. It is emphasized that the process of Ukraine’s European integration requires constant marketing research of the sectoral situation changes with account of the specific features of domestic production of high-protein feeds, highlighting key factors of Ukraine’s presence and its potentialities in the EU agricultural market and outlining the prospects for its development. Increase in the performance of farm animals and margins of livestock production requires balanced diets and reduction of feed cost in the costs structure due to the use of high protein feeds. It is important for Ukraine to promote the development of the market for high-protein and bulk feeds on the industrial basis as well as the development of organic feed and livestock production. Development of the competitive feed market in Ukraine and solving of the environmental and social problems of intensive animal husbandry requires the improvement of legislation to meet the requirements of EU Directives on the production, processing and efficient use of feed resources.
Keywords: feed market, feed production, high-protein feed, protein balance, price, SWOT-analysis.
Formulas: 0; fig.: 6; tabl.: 4; bibl.: 19.
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| first_indexed | 2024-03-12T10:47:22Z |
| format | Article |
| id | doaj.art-2f6795a66fd74708931d7b438627e6c8 |
| institution | Directory Open Access Journal |
| issn | 2306-4994 2310-8770 |
| language | English |
| last_indexed | 2025-03-20T05:45:11Z |
| publishDate | 2021-02-01 |
| publisher | FINTECH Alliance LLC |
| record_format | Article |
| series | Фінансово-кредитна діяльність: проблеми теорії та практики |
| spelling | doaj.art-2f6795a66fd74708931d7b438627e6c82024-10-03T04:03:46ZengFINTECH Alliance LLCФінансово-кредитна діяльність: проблеми теорії та практики2306-49942310-87702021-02-0113610.18371/fcaptp.v1i36.227998HIGH PROTEIN FEED MARKET: CURRENT TRENDS AND PROSPECTS FOR UKRAINEV. Petrychenko0V. Likhochvor 1I. Voronetska 2L. Fedoryshyna 3I. Petrychenko 4Institute of Feed Research and Agriculture of Podillya of NAASLviv National Agrarian UniversityInstitute of Feed Research and Agriculture of Podillya of NAASVinnytsia National Agrarian UniversityInstitute of Feed Research and Agriculture of Podillya of NAAS Abstract. The research is devoted to the problem of formation of high-protein feeds market for farm animals in Ukraine in conditions of European integration processes. The problem of providing the population with high quality food is becoming more global, the demand for high protein food products of a good quality is growing as well as the need for protein-balanced feeds for livestock. The dynamics of high-protein feed production in Ukraine and EU countries has been studied. The tendencies of the high-protein feeds market formation in Ukraine are considered. By means of benchmarking, price trends in the protein feed market in the EU and Ukraine have been analyzed. Ukraine has favorable soil and climatic conditions for the production of quality, safe products as well as efficient logistic routes available. As a result of the study it was found that the key factor for Ukraine’s penetration into the EU feed market is the need for high-protein feeds. The directions of solving the problem of feed protein deficiency for the needs of animal husbandry are determined. Environmental problems regarding feed quality and safety in the context of Ukraine’s aspirations for European integration are substantiated. The legislative basis for ensuring the quality and safety of feed and feed resources is considered. As a result of SWOT-analysis of vegetable protein production in Ukraine, it was found that Ukraine has significant potential for the production of competitive feed protein that meets domestic needs, form high export potential and promote entry into European and Asian markets. It is emphasized that the process of Ukraine’s European integration requires constant marketing research of the sectoral situation changes with account of the specific features of domestic production of high-protein feeds, highlighting key factors of Ukraine’s presence and its potentialities in the EU agricultural market and outlining the prospects for its development. Increase in the performance of farm animals and margins of livestock production requires balanced diets and reduction of feed cost in the costs structure due to the use of high protein feeds. It is important for Ukraine to promote the development of the market for high-protein and bulk feeds on the industrial basis as well as the development of organic feed and livestock production. Development of the competitive feed market in Ukraine and solving of the environmental and social problems of intensive animal husbandry requires the improvement of legislation to meet the requirements of EU Directives on the production, processing and efficient use of feed resources. Keywords: feed market, feed production, high-protein feed, protein balance, price, SWOT-analysis. Formulas: 0; fig.: 6; tabl.: 4; bibl.: 19. https://fkd.net.ua/index.php/fkd/article/view/3235feed marketfeed productionhigh-protein feedprotein balancepriceSWOT-analysis |
| spellingShingle | V. Petrychenko V. Likhochvor I. Voronetska L. Fedoryshyna I. Petrychenko HIGH PROTEIN FEED MARKET: CURRENT TRENDS AND PROSPECTS FOR UKRAINE Фінансово-кредитна діяльність: проблеми теорії та практики feed market feed production high-protein feed protein balance price SWOT-analysis |
| title | HIGH PROTEIN FEED MARKET: CURRENT TRENDS AND PROSPECTS FOR UKRAINE |
| title_full | HIGH PROTEIN FEED MARKET: CURRENT TRENDS AND PROSPECTS FOR UKRAINE |
| title_fullStr | HIGH PROTEIN FEED MARKET: CURRENT TRENDS AND PROSPECTS FOR UKRAINE |
| title_full_unstemmed | HIGH PROTEIN FEED MARKET: CURRENT TRENDS AND PROSPECTS FOR UKRAINE |
| title_short | HIGH PROTEIN FEED MARKET: CURRENT TRENDS AND PROSPECTS FOR UKRAINE |
| title_sort | high protein feed market current trends and prospects for ukraine |
| topic | feed market feed production high-protein feed protein balance price SWOT-analysis |
| url | https://fkd.net.ua/index.php/fkd/article/view/3235 |
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