South America Plant Protein Ingredients Market Size & Share Analysis - Industry Research Report - Growth Trends

 Market Research on Plant Protein Ingredients in South America

The market for plant protein ingredients in South America is anticipated to grow at a CAGR of 5.88%.


Largest Segment by Protein Type: Soy Protein: Soy protein continued to be the most popular plant protein in South America due to its low price and high quality. The soy protein type in the region was driven by the F&B and animal feed industries.

Most Significant End User Segment - Food and Beverages: The food and beverage industry is growing because to a large supply of plant proteins (rice, pea, and wheat) that may approximate the texture of meat as well as protein fortification.

Pea proteins are the fastest-growing segment by protein type because of its quick rehydration, bland flavor, and texturizing properties, which have resulted in a slew of new products.
Soy and wheat proteins are the plant proteins utilised in the animal feed segment because of their functional characteristics, which make them good substitutes for fish and animal-based feeds. This category is the fastest-growing by end user.

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