Market Size of South America Whey Protein Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Whey Protein Market Analysis
South America whey protein market is projected to grow at a CAGR of 7.5% during the forecast period (2020- 2025).
- South America represents one of the favorable whey protein markets due to a large chunk of younger populations that are employing whey protein extensively in bodybuilding and as dietary supplements.
- Dairy, infant formula and bakery markets have experienced consistent growth inthe region. However, increased demand for dairy ingredients/ alternatives and recombined milk was witnessed in the country over the past 5 years.
