Latin America Textured Soy Protein Market Size & Outlook

The textured soy protein market in Latin America is expected to reach a projected revenue of US$ 74.3 million by 2030. A compound annual growth rate of 8.4% is expected of Latin America textured soy protein market from 2022 to 2030.

Revenue, 2021 (US$M)
$36.0
Forecast, 2030 (US$M)
$74.3
CAGR, 2022 - 2030
8.4%
Report Coverage
Latin America

Latin America textured soy protein market highlights

  • The Latin America textured soy protein market generated a revenue of USD 36.0 million in 2021.
  • The market is expected to grow at a CAGR of 8.4% from 2022 to 2030.
  • In terms of segment, textured soy protein concentrate (tspc) was the largest revenue generating product in 2021.
  • Textured Soy Protein Concentrate (TSPC) 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 2022 to 2030.

Latin America data book summary

Market revenue in 2021USD 36.0 million
Market revenue in 2030USD 74.3 million
Growth rate8.4% (CAGR from 2021 to 2030)
Largest segmentTextured soy protein concentrate (tspc)
Fastest growing segmentTextured Soy Protein Concentrate (TSPC)
Historical data covered2017 - 2020
Base year for estimation2021
Forecast period covered2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTextured Defatted Soy Flour (TSF), Textured Soy Protein Concentrate (TSPC), Textured Soy Protein Isolate
Key market players worldwideArcher-Daniels Midland Co, Cargill, Bunge Global SA, International Flavors & Fragrances Inc, Victoria PLC

Other key industry trends

  • In terms of revenue, Latin America region accounted for 4.8% of the global textured soy protein market in 2021.
  • Globally, Europe 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 496.8 million by 2030.

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Textured Soy Protein Market Companies

Name Profile # Employees HQ Website

Latin America textured soy 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 textured soy protein market will help companies and investors design strategic landscapes.


Textured soy protein concentrate (tspc) was the largest segment with a revenue share of 46.39% in 2021. Horizon Databook has segmented the Latin America textured soy protein market based on textured defatted soy flour (tsf), textured soy protein concentrate (tspc), textured soy protein isolate covering the revenue growth of each sub-segment from 2017 to 2030.


  • Latin America Textured Soy Protein Product Outlook (Revenue, USD Million, 2017-2030)
    • Textured Defatted Soy Flour (TSF)
    • Textured Soy Protein Concentrate (TSPC)
    • Textured Soy Protein Isolate
  • Latin America Textured Soy Protein Type Outlook (Revenue, USD Million, 2017-2030)
    • Organic
    • Conventional
  • Latin America Textured Soy Protein Application Outlook (Revenue, USD Million, 2017-2030)
    • Food & Beverages
    • Animal Feed

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  • Our clientele includes a mix of textured soy 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 textured soy protein market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America textured soy protein market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America textured soy protein market size, by country, 2017-2030 (US$M)

Latin America Textured Soy Protein Market Outlook Share, 2021 & 2030 (US$M)

Latin America textured soy protein market size, by country, 2017-2030 (US$M)

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