Latin America Pea Protein Market Size & Outlook, 2024-2030
Latin America pea protein market, 2018-2030 (US$M)
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Latin America pea protein market highlights
- The Latin America pea protein market generated a revenue of USD 185.8 million in 2024.
- The market is expected to grow at a CAGR of 10.3% from 2025 to 2030.
- In terms of segment, isolates was the largest revenue generating product in 2024.
- Isolates is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 185.8 million |
| Market revenue in 2030 | USD 334.2 million |
| Growth rate | 10.3% (CAGR from 2024 to 2030) |
| Largest segment | Isolates |
| Fastest growing segment | Isolates |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Isolates, Concentrates, Textured, Hydrolysates |
| Key market players worldwide | Burcon NutraScience Corp, DuPont de Nemours Inc, Cosucra, NutriPea, Sotexpro, Ingredion Inc, Fenchem, Roquette America, The Scoular Company, Axiom Foods, Martin & Pleasance, The Green Labs |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.8% of the global pea protein market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,393.6 million by 2030.
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Pea Protein Market Scope
Pea Protein Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America pea protein market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pea protein market will help companies and investors design strategic landscapes.
Isolates was the largest segment with a revenue share of 50.32% in 2024. Horizon Databook has segmented the Latin America pea protein market based on isolates, concentrates, textured, hydrolysates covering the revenue growth of each sub-segment from 2018 to 2030.
Growing personal care industry in Central & South America on account of increasing expenditure on beauty and cosmetic products is expected to force FMCG companies to increase their production capacity. Thus, increasing production of personal care products in Central & South America is anticipated to motivate the growth of pea protein market over the next few years.
Personal care & cosmetics and animal feed are anticipated to be the lucrative end use industries of the pea protein market in Central & South America over the forecast period. The penetration of pea proteins in the aforementioned two end use industries is expected to witness a fast-paced growth rate from 2021 to 2028, owing to augmented use of protein-based ingredients in product formulations.
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Our clientele includes a mix of pea protein market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America pea protein market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America pea protein market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America pea protein market size, by country, 2018-2030 (US$M)
Latin America Pea Protein Market Outlook Share, 2024 & 2030 (US$M)
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