Soya Protein Industry is well-developed in the North-West region of Shandong Province. Several top Soya Protein manufacturers and suppliers are concentrated in this region.
In 2021, especially in the last half, multiple coincidence factors superimposed, resulted in the production capacity and supply volume declining very severely, and the price rise sharply reaching a peak point which was seldom in the past decade.
- The government's restriction over the industry production capacity and the electric power supply to undertake more strict environment protection measurements led to domino effect of the supply chain disruption. - Abnormal climate conditions damaged the facilities and hardware tools of main producers, which occupies a very big share in this industry. - Several manufactures and suppliers implemented their internal management system and business problems simultaneously, therefore their output volumes have declined during the period.
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