South America Soy Protein Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

South America Soy Protein Ingredients Market is segmented by Type (Soy Isolates, Soy Concentrate, and Textured Soy Protein), Application (Bakery and Confectionery, Meat Extenders and Substitutes, Nutritional Supplements, Beverages, and Others), and Geography

Market Snapshot

market sum
Study Period: 2016 - 2026
Base Year: 2021
CAGR: 6.81 %
Largest Market: Brazil

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

South America Soy Protein Ingredients Market is anticipated to register a CAGR of 6.81%, during the forecast period (2020 – 2025)

  • South America soy protein ingredients market is driven by growing inclination toward vegan diets, the functional efficiency, the cost competitiveness offered by such plant protein products, and their increasing utilization in wide variety of processed foods, especially in the ready-to-eat product category.
  • Moreover, the emerging demands for plant-based proteins coupled with gradual preference for meat substitutes have driven the market for soy protein ingredients in South America.


Scope of the Report

South America soy protein ingredients market is segmented by type such as soy isolates, soy concentrate, and textured soy protein. On the basis of application, the market is segmented into bakery and confectionery, meat extenders and substitutes, nutritional supplements, beverages, and others. Also, the study provides an analysis of the soy protein ingredients in the emerging and established markets across the region, including Brazil, Argentina, and rest of South America.

By Type
Soy Isolates
Soy Concentrate
Textured Soy Protein
By Application
Bakery and Confectionery
Meat Extenders and Substitutes
Nutritional Supplements
Other Applications
South America
Rest of the South America

Report scope can be customized per your requirements. Click here.

Key Market Trends

Increasing Demand for Nutritional Products

South American soy protein ingredients market is propelled by demand for sports and nutrition products by athletes, body builders, and recuperating patients. Additionally weight management category is also growing where protein is the main constituent ingredient. A huge lactose intolerant population that drives demand for alternate dairy substitutes, such as soy protein characterizes South America. Further, there is a substantial untapped potential for the GMO-free and clean-label based soy protein ingredients. Manufacturers are seeking eco-friendly ways of cultivating and/or sourcing soybeans in order to process into high quality and safe soy proteins.

trend 1

Brazil Holds the Largest Market Share in South America Soy Protein Ingredients Market

Organic soy protein is commonly used in protein and energy bars, breakfast cereals, various processed meats, and meat alternatives for improvement in taste and texture, as well as in a number of muscle gain supplements in the fitness industry. Geographically, the South American market for organic soy protein is segmented into Brazil, Argentina, and Mexico, of which, Brazil contributes the largest share. With an increase in R&D and a surge in soy production in the recent times, many companies have shown interest in setting up manufacturing units in these regions of South America.

trend 2

Competitive Landscape

The major players in South America soy protein ingredients market include Ajinomoto, Kerry Group, Tate & Lyle, Dien Inc., KF Specialty Ingredients, and Arla Foods Ingredients, among others.

Table of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study



    1. 3.1 Market Overview


    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Force Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry


    1. 5.1 By Type

      1. 5.1.1 Soy Isolates

      2. 5.1.2 Soy Concentrate

      3. 5.1.3 Textured Soy Protein

    2. 5.2 By Application

      1. 5.2.1 Bakery and Confectionery

      2. 5.2.2 Meat Extenders and Substitutes

      3. 5.2.3 Nutritional Supplements

      4. 5.2.4 Beverages

      5. 5.2.5 Other Applications

    3. 5.3 Geography

      1. 5.3.1 South America

        1. Brazil

        2. Argentina

        3. Rest of the South America


    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Ajinomoto

      2. 6.4.2 Kerry Group

      3. 6.4.3 Tate & Lyle

      4. 6.4.4 Archer Daniels Midland Company

      5. 6.4.5 Arla Foods Ingredients

      6. 6.4.6 Tereos

      7. 6.4.7 TEUTEXX Proteins

      8. 6.4.8 Foodchem International Corporation

    5. *List Not Exhaustive

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The South America Soy Protein Ingredients Market market is studied from 2016 - 2026.

The South America Soy Protein Ingredients Market is growing at a CAGR of 6.81% over the next 5 years.

The South America Soy Protein Ingredients Market is valued at Brazil in 2026.

Ajinomoto, Kerry Group, Tate & Lyle, Dien Inc., Archer Daniels Midland Company are the major companies operating in South America Soy Protein Ingredients Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!