Brazil Protein Ingredients Market Size & Outlook
Brazil protein ingredients market, 2018-2030 (US$M)
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Brazil protein ingredients market highlights
- The Brazil protein ingredients market generated a revenue of USD 1,373.0 million in 2023 and is expected to reach USD 1,932.1 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, animal/dairy protein was the largest revenue generating product in 2023.
- Insect Protein is the most lucrative product segment registering the fastest growth during the forecast period.
Protein ingredients market data book summary
| Market revenue in 2023 | USD 1,373.0 million |
| Market revenue in 2030 | USD 1,932.1 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Animal/dairy protein |
| Fastest growing segment | Insect Protein |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plant Protein, Animal/Dairy Protein, Microbe-based Protein, Insect Protein |
| Key market players worldwide | DuPont de Nemours Inc, Archer-Daniels Midland Co, Burcon NutraScience Corp, Tessenderlo Group NV, Kewpie Corp, The Scoular Company, CHS Inc Pref Share, Reckitt Benckiser Group PLC, Suedzucker AG, Bunge Global SA, Cargill, Ingredion Inc, Kerry Group PLC Class A, Givaudan SA, Tate & Lyle PLC, Puris, Koninklijke DSM NV, Glanbia PLC, NutriPea, Nagase & Co Ltd |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.7% of the global protein ingredients market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil protein ingredients market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,932.1 million by 2030.
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Protein Ingredients Market Scope
Protein Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil protein ingredients 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 protein ingredients market will help companies and investors design strategic landscapes.
Animal/dairy protein was the largest segment with a revenue share of 73.65% in 2023. Horizon Databook has segmented the Brazil protein ingredients market based on plant protein, animal/dairy protein, microbe-based protein, insect protein covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil accounted for the largest revenue share for the protein ingredients market in Central and South America in 2021 among all countries. The Brazilian market is expected to witness considerable growth over the forecast period owing to the increasing number of health clubs and fitness centers highlighting the significance of protein intake.
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Target buyers of Brazil protein ingredients market databook
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Our clientele includes a mix of protein ingredients market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil protein ingredients market , including forecasts for subscribers. This country databook contains high-level insights into Brazil protein ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil protein ingredients market size, by product, 2018-2030 (US$M)
Brazil Protein Ingredients Market Outlook Share, 2023 & 2030 (US$M)
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