South America Vegan Protein Market to 2032

Overview

The South America Vegan Protein Market is expected to reach a 1,354.28 USD Million by 2032 and is projected to grow at a CAGR of 7.68% from 2025 to 2032.

Revenue, 2024 (USD Million)
806.93
Forecast, 2032 (USD Million)
1,354.28
CAGR, 2024 - 2032
7.68%
Report Coverage
South America

South America Vegan Protein Market 2018-2032 USD Million

South America Vegan Protein Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 806.93 USD Million
  • Projected Market Size (2032): 1,354.28 USD Million
  • CAGR (2025-2032): 7.68%

Key Findings of South America Vegan Protein Market

  • The South America Vegan Protein Market was valued at 806.93 USD Million in 2024.
  • The South America Vegan Protein Market is likely to grow at a CAGR of 7.68% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Dry in Form Segment accounted for the largest share of the market with a revenue of 641.27 USD Million
  • The fastest growing segment Solubility in Function Segment grew Fastest with a CAGR of 8.52% during the forecast period from 2024 to 2032.

South America Vegan Protein Market Scope

South America Vegan Protein Market Segmentation & Scope
Source
  • Pumpkin Seed
  • Canola Protein
  • Others
  • Chia Protein
  • Flaxseeds Protein
  • Quinoa Protein
  • Spirulina
  • Hemp Protein
  • Rice Protein
  • Pea Protein
  • Soy Protein
Protein Type
  • Hydrolysate
  • Concentrates
  • Isolates
Level of Hydrolisation
  • Strongly Hydrolized
  • Mildly Hydrolized
  • Intact
Application
  • Others
  • Pharmaceuticals
  • Animal Feed
  • Cosmetics and Personal Care
  • Nutraceuticals and Dietary Supplements
  • Beverages
  • Food Products
Form
  • Liquid
  • Dry
Nature
  • Organic
  • Conventional
Function
  • Others
  • Foaming
  • Water Binding
  • Gelation
  • Emulsification
  • Solubility

South America Vegan Protein Market Data Coverage Insights

Study Period 2024-2032
Base Year 2023
Unit Revenue in USD Million
Market Value in 2024 806.93 USD Million
Market Value in 2032 1,354.28 USD Million
CAGR (2025-2032) 7.68%
Historic Data 2016-2023
Market Segments Covered Source,Protein Type,Level of Hydrolisation,Application,Form,Nature,Function

Regional Insights:

  • Leading Market (2024-2032): South America, leading in terms of revenue 806.93 USD Million in 2024
    • Key Country: Brazil, leading in terms of revenue with value of 506.02 USD Million in 2024.

Segments and Scope

  • South America Vegan Protein Market to 2032, By Source
    • Soy Protein is the largest segment in South America Vegan Protein Market to 2032 with a revenue of 317.24 USD Million in the year 2024.
    • Pea Protein is the Fastest growing segment in South America Vegan Protein Market to 2032 with a Growth rate of 7.82 % in forecast period 2025-2032.
  • South America Vegan Protein Market to 2032, By Protein Type
    • Isolates is the largest segment in South America Vegan Protein Market to 2032 with a revenue of 471.16 USD Million in the year 2024.
    • Isolates is the Fastest growing segment in South America Vegan Protein Market to 2032 with a Growth rate of 7.97 % in forecast period 2025-2032.
  • South America Vegan Protein Market to 2032, By Level of Hydrolisation
    • Intact is the largest segment in South America Vegan Protein Market to 2032 with a revenue of 602.69 USD Million in the year 2024.
    • Intact is the Fastest growing segment in South America Vegan Protein Market to 2032 with a Growth rate of 7.77 % in forecast period 2025-2032.
  • South America Vegan Protein Market to 2032, By Application
    • Food Products is the largest segment in South America Vegan Protein Market to 2032 with a revenue of 364.69 USD Million in the year 2024.
    • Food Products is the Fastest growing segment in South America Vegan Protein Market to 2032 with a Growth rate of 8.04 % in forecast period 2025-2032.
  • South America Vegan Protein Market to 2032, By Form
    • Dry is the largest segment in South America Vegan Protein Market to 2032 with a revenue of 641.27 USD Million in the year 2024.
    • Dry is the Fastest growing segment in South America Vegan Protein Market to 2032 with a Growth rate of 7.73 % in forecast period 2025-2032.
  • South America Vegan Protein Market to 2032, By Nature
    • Conventional is the largest segment in South America Vegan Protein Market to 2032 with a revenue of 466.24 USD Million in the year 2024.
    • Organic is the Fastest growing segment in South America Vegan Protein Market to 2032 with a Growth rate of 7.52 % in forecast period 2025-2032.
  • South America Vegan Protein Market to 2032, By Function
    • Solubility is the largest segment in South America Vegan Protein Market to 2032 with a revenue of 279.07 USD Million in the year 2024.
    • Solubility is the Fastest growing segment in South America Vegan Protein Market to 2032 with a Growth rate of 8.52 % in forecast period 2025-2032.

South America Vegan Protein Market Company Share Analysis

 
Company Name Company Share Analysis
Kerry Group plc.
Roquette Frères
Cargill, Incorporated
ADM
Wilmar International Ltd
South America Vegan Protein Market Company Share Analysis

South America Vegan Protein Market Geographical Sales Distribution, 2018-2032 USD Million

South America Vegan Protein Market Geographical Sales Distribution, 2018-2032 USD Million

South America Vegan Protein Market Company Profiling

South America Vegan Protein Market Company Profiling
Frequently Asked Questions
The South America Vegan Protein Market is segmented based on Segmentation Source,Protein Type,Level of Hydrolisation,Application,Form,Nature,Function.
South America Vegan Protein Market was valued at USD 806.93(Revenue in USD Million) in 2023.
South America Vegan Protein Market is projected to grow at a CAGR of 7.68% during the forecast period of 2024 to 2032.
The Dry segment is expected to dominate the South America Vegan Protein Market, holding a largest market share of 641.27 USD Million in 2024

South America Vegan Protein Market Scope

South America Vegan Protein Market Segmentation & Scope
Source
  • Pumpkin Seed
  • Canola Protein
  • Others
  • Chia Protein
  • Flaxseeds Protein
  • Quinoa Protein
  • Spirulina
  • Hemp Protein
  • Rice Protein
  • Pea Protein
  • Soy Protein
Protein Type
  • Hydrolysate
  • Concentrates
  • Isolates
Level of Hydrolisation
  • Strongly Hydrolized
  • Mildly Hydrolized
  • Intact
Application
  • Others
  • Pharmaceuticals
  • Animal Feed
  • Cosmetics and Personal Care
  • Nutraceuticals and Dietary Supplements
  • Beverages
  • Food Products
Form
  • Liquid
  • Dry
Nature
  • Organic
  • Conventional
Function
  • Others
  • Foaming
  • Water Binding
  • Gelation
  • Emulsification
  • Solubility
Frequently Asked Questions
The South America Vegan Protein Market is segmented based on Segmentation Source,Protein Type,Level of Hydrolisation,Application,Form,Nature,Function.
South America Vegan Protein Market was valued at USD 806.93(Revenue in USD Million) in 2023.
South America Vegan Protein Market is projected to grow at a CAGR of 7.68% during the forecast period of 2024 to 2032.
The estimated market value of the South America Vegan Protein Market for final year is USD 1,354.28 (USD Million).

South America Vegan Protein Market Company Profiling

South America Vegan Protein Market Company Profiling
Frequently Asked Questions
The South America Vegan Protein Market is segmented based on Segmentation Source,Protein Type,Level of Hydrolisation,Application,Form,Nature,Function.
South America Vegan Protein Market was valued at USD 806.93(Revenue in USD Million) in 2023.
South America Vegan Protein Market is projected to grow at a CAGR of 7.68% during the forecast period of 2024 to 2032.
The estimated market value of the South America Vegan Protein Market for final year is USD 1,354.28 (USD Million).

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