ISGA contributors work to keep a solid market position for soybean and soy derivatives, against competitor oilseeds, in their respective markets.
South America and the United States are traditionally viewed as competitors, but this collaborative effort will help develop a select few global soybean markets.
India, with the second largest population in the world, is positioned to surpass China by the year 2040 and holds enormous potential as a new market for soybeans and soy derivatives.
ISGA will focus its efforts on the rapidly-growing soy market of India and will pursue other opportunities of beneficial interests, for the growing global need for food, feed and industrial uses.
The country contributors of ISGA have demonstrated they can satisfy the increasing market demands, both in quantity and quality. As an example, in order to satisfy the increasing demand for protein meal and edible oil, the ISGA soybean producing countries increased their production of soybeans over the last few decades from 31 million metric tons to most recently, 281.264 million metric tons.