# Food sector soyameal demand picks up as more consumers eye protein rich diet - The HinduBusinessLine

> India's soymeal off-take for food use is rising, with the SOPA trade body estimating a 33% increase to 800,000 tonnes in the 2021-22 oil year. The growth reflects consumer demand for high-protein foods. SOPA plans an awareness programme to lift food-sector use further.

- Date: 2022-03-10 · published 2022-03-10T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/42372-food-sector-soyameal-demand-picks-up-as-more-consumers-eye-protein-rich-diet
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Growing food-sector demand diverts some soymeal from feed use, a modest tightening of domestic meal supply that could support feed-grade meal prices.

## Read by commodity

- SBM: bullish ▲

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/food-sector-soyameal-demand-picks-up-as-more-consumers-eye-protein-rich-diet/article65211650.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.