Latin America Soy & Dairy Protein Ingredients Market Size & Outlook

The soy & dairy protein ingredients market in Latin America is expected to reach a projected revenue of US$ 8,748.5 million by 2030. A compound annual growth rate of 5.2% is expected of Latin America soy & dairy protein ingredients market from 2023 to 2030.
Revenue, 2022 (US$M)
$5,811.9
Forecast, 2030 (US$M)
$8,748.5
CAGR, 2023 - 2030
5.2%
Report Coverage
Latin America

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Latin America soy & dairy protein ingredients market, 2017-2030 (US$M)

Latin America soy & dairy protein ingredients market, 2017-2030 (US$M)

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Latin America soy & dairy protein ingredients market highlights

  • The Latin America soy & dairy protein ingredients market generated a revenue of USD 5,811.9 million in 2022.
  • The market is expected to grow at a CAGR of 5.2% from 2023 to 2030.
  • In terms of segment, animal/dairy proteins was the largest revenue generating product in 2022.
  • Insect Protein is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Argentina is expected to register the highest CAGR from 2023 to 2030.

Latin America data book summary

Market revenue in 2022USD 5,811.9 million
Market revenue in 2030USD 8,748.5 million
Growth rate5.2% (CAGR from 2023 to 2030)
Largest segmentAnimal/dairy proteins
Fastest growing segmentInsect Protein
Historical data covered2017 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPlant Proteins, Animal/Dairy Proteins, Microbe-based Protein, Insect Protein
Key market players worldwideDuPont de Nemours Inc, Archer-Daniels Midland Co, Cargill, Bunge Global SA, Reckitt Benckiser Group PLC, The Scoular Company, Danone SA, Arla Foods

Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.5% of the global soy & dairy protein ingredients market in 2022.
  • Globally, North America 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 33,204.3 million by 2030.

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Soy & Dairy Protein Ingredients Market Scope

Soy & dairy protein ingredients market segmentation & scope

Soy & Dairy Protein Ingredients Market Companies

Name Profile # Employees HQ Website
CHS View profile 101-250 Christchurch, Dorset, United Kingdom, Europe https://chs.agency
The Scoular Company View profile 1001-5000 Omaha, Nebraska, United States, North America http://www.scoular.com/
Arla Foods View profile 10001+ Viby, Skane Lan, Sweden, Europe http://www.arla.com
Bunge Global SA View profile 23000 1391 Timberlake Manor Parkway, Chesterfield, MO, United States, 63017 https://www.bunge.com
Cargill View profile 10001+ Minneapolis, Minnesota, United States, North America http://www.cargill.com
DuPont de Nemours Inc View profile 24000 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 https://www.dupont.com
Archer-Daniels Midland Co View profile 41802 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 https://www.adm.com
Reckitt Benckiser Group PLC View profile 40000 103-105 Bath Road, Slough, Berkshire, United Kingdom, SL1 3UH https://www.reckitt.com
Danone SA View profile 88843 17, Boulevard Haussmann, Paris, France, 75009 https://www.danone.com

Latin America soy & dairy 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 soy & dairy protein ingredients market will help companies and investors design strategic landscapes.


Animal/dairy proteins was the largest segment with a revenue share of 78.94% in 2022. Horizon Databook has segmented the Latin America soy & dairy protein ingredients market based on plant proteins, animal/dairy proteins, microbe-based protein, insect protein covering the revenue growth of each sub-segment from 2017 to 2030.


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  • Our clientele includes a mix of soy & dairy protein ingredients market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America soy & dairy protein ingredients market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America soy & dairy protein ingredients market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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

Latin America Soy & Dairy Protein Ingredients Market Outlook Share, 2022 & 2030 (US$M)

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

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