Open AccessHIGH PROTEIN FEED MARKET: CURRENT TRENDS AND PROSPECTS FOR UKRAINE
Author(s) -
V. Petrychenko,
В. В. Лихочвор,
І. Voronetska,
Larysa Fedoryshyna,
I. I. Petrychenko
Publication year - 2021
Publication title -
fìnansovo-kreditna dìâlʹnìstʹ: problemi teorìì̈ ta praktiki
Language(s) - English
Resource type - Journals
eISSN - 2310-8770
pISSN - 2306-4994
DOI - 10.18371/fcaptp.v1i36.227998
Subject(s) - business , swot analysis , population , agriculture , quality (philosophy) , livestock , animal husbandry , context (archaeology) , production (economics) , domestic market , microbiology and biotechnology , agricultural science , international trade , economics , biology , geography , marketing , forestry , philosophy , demography , macroeconomics , epistemology , sociology , ecology , paleontology
. 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.