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Russian Federation: Pea processing has attracted record-breaking investments

Pea processing has attracted record-breaking investments in Russia. They are promising a broad range of new high-value raw materials to the feed industry. Russia has the world’s second-largest pea industry after Canada, and production volumes are still growing.

Pea production climbed to 2.74 million tons in 2020, compared to 2.37 million tons in 2019 and 2.3 million tons in 2018. Russia exports nearly 1 million tons of peas per year, while the rest is used by the Russian food industry.

Several Russian companies have recently laid out plans to begin high-level pea processing in Russia in the next few years. Moscow-based company Pineco expects to begin building a pea processing plant in the next two months, the state development corporation of Orel Oblast said in a statement on July 18.

Source: allaboutfeed.net


Photo source: Dreamstime.com


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