Europe uses more soy, but less is responsibly sourced

Europe remains structurally dependent on imported soybeans and soybean meal. At the same time, demand is growing faster than responsible sourcing. In 2024, 44 percent of soy consumption met FEFAC’s guidelines. A year earlier, that figure was 54 percent. This is according to the European Soy Monitor 2024, published by FEFAC on August 17, 2026. FEFAC is the European organization representing feed manufacturers.

Production remains highly concentrated

Global soy production reached a record level in 2024. The sector produced 397 million metric tons of soy. Brazil, the United States, and Argentina accounted for approximately 80 percent.

Developments in these countries affect availability and price formation. This high concentration also increases exposure to disruptions. The report cites climate-related, political, and economic shocks.

Production grew through acreage expansion and higher yields. According to the researchers, expansion into vulnerable ecosystems remains a concern. Higher yields could help limit further land conversion.

Demand for soybean meal increases

The amount of soybean meal available in Europe reached its highest level since 2019. In 2024, it totaled more than 33.1 million metric tons. Growth was driven by higher demand for animal feed. Fewer alternative protein-rich feed materials were also available.

Nearly 14.6 million metric tons of soy met FEFAC’s guidelines. This volume was higher only in 2023. However, total demand grew faster than responsible sourcing. As a result, the share fell back to its 2020 level.

Animal-based products also contain embedded soy through the feed used in production. Poultry meat and eggs account for a substantial share.

The Netherlands relies mainly on certificates

The Netherlands remains Europe’s largest importer. The country plays a central role in trade, processing, and distribution. Dutch market participants covered more than 6.6 million metric tons with RTRS and CRS certificates. Another 108,661 metric tons of SSAP-verified soy entered through a physical supply chain.

This pushed Dutch coverage above 100 percent. Companies also purchased certificates for soy used in exported products. Of the total soy used by Nevedi members, 81 percent met FEFAC’s guidelines.

Preparations for the EUDR are already affecting data requirements, traceability, and sourcing strategies. According to the report, aligning growing demand with sustainability and new regulations remains a challenge.

The figures are partly based on estimates and public or proprietary information. FEFAC cannot guarantee the accuracy of data provided by feed industry associations.

Fefac.eu