SOY PROTEIN MARKET ANALYSIS
Soy Protein Market: Market Restraints
Ban on soy products of GM(Genetically modified) origin
The cultivation of genetically modified crops is forbidden in developed regions like Europe, where some member states of the European Union have passed laws prohibiting it. Germany, France, Northern Ireland, and Scotland are among the important nations. The conventional soybean market in the area has been impacted, and future expansion is predicted to be hampered by this. It is also anticipated to have an impact on the export of soybeans from developing nations like Argentina, where GM-based soybean crops are the norm.
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