Feasibility and Development Strategy of Soybean Agroindustry in South Sorong Regency

Abstract

Migrant communities have contributed to efforts to address food-related problems in South Sorong Regency by developing small-scale soybean agroindustries that produce plant-protein products, particularly tempeh and tofu. In addition to meeting plant-protein needs, these businesses provide household income. However, although soybean processing enterprises have operated for many years, their feasibility and development direction have not been clearly documented. This study aimed to assess the feasibility of small-scale soybean agroindustry and to formulate its development strategy. A census method was used to collect data from all soybean agroindustry actors in the study area. Business feasibility was assessed from financial, market, and management aspects, while development strategies were formulated using SWOT analysis. The results show that, from the financial aspect, most soybean agroindustry enterprises in South Sorong Regency had an R/C ratio above 1, indicating that the businesses were feasible. From the market aspect, soybean agroindustry was also feasible because the market served both migrant communities and Indigenous Papuan consumers. From the management aspect, the businesses were considered feasible because they had continued to operate for several years. Therefore, soybean agroindustry development requires the formulation of clear SO, WO, ST, and WT strategies.