Latin America Wheat Protein Market

Latin America Wheat Protein Market Size, Share, Growth (2022-2027)

Latin America Wheat Protein Market was worth USD 286 million in 2021 and is estimated to be growing at a CAGR of 4.5%, reaching USD 340 million by 2027

Latin America Wheat Protein Market Overview

Wheat Proteins are extracted from sources and perform numerous functions which include film formation, foaming, whipping, and aeration. Adhesion, tenderizing, dough conditioning, and structure enhancement. Gluten doesn't even exist until flour becomes wet. Water is what coaxes the two wheat proteins glutenin and gliadin to combine and form gluten. So by adding or withholding water from dough or batter, you can encourage or deter gluten's development.The Latin America Wheat Protein market is driven by the rising health consciousness, as an alternative to meat and other animal products, in the developing and developed regions of the world. Further, the increasing use of wheat proteins by bodybuilders and sportsmen for gaining muscles and enhancing strength also contributes to market growth. However, recent studies on the harmful effects of wheat proteins and its derivatives are hindering the growth of the market.

Latin America Wheat Protein Market Segmentation

on the basis of

• type

• application

On the basis of type

• wheat gluten

• wheat protein isolate

• textured wheat protein

On the basis of application

• dairy

• bakery

• sports food

• confectionery

• nutritional supplements

Latin America Wheat Protein Market Regional Analysis

• Brazil

• Mexico

• Argentina

The huge rise in spending in the Wheat Protein market has increased the demand in the market. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia. The availability of a large customer base with rising disposable incomes is set to drive the market in the foreseeable future.

Latin America Wheat Protein Market Keyplayers

1. Manildra Group

2. Cargill

3. ADM

4. Tereos Syrol

5. Roquette

6. MGP Ingredients, Inc

7. Permolex

8. Chamtor

9. Crespel & Deiters GmbH

10. Crop Energies