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Latin America Soy Flour Market By Type (Natural Or Full Fat, Low Fat And Defatted), By Application (Bakery, Meat Substitutes, Functional Food, Dairy Alternative, Confectionary, Baby Food Products And Others) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2022 to 2027

Published: March, 2023
ID: 5523
Pages: 145
Formats: report pdf report excel report power bi report ppt

Latin America Soy Flour Market Size, Share, Growth (2022-2027)

Latin America Soy Flour Market was worth USD XX million in 2021 and estimated to be growing at a CAGR of XX%, to reach USD XX million by 2027

Latin America Soy Flour Market Overview

Soy Flour is used as a source for proteins and is widely used in bakery applications flour is a source for high amounts of protein, dietary fiber, iron, isoflavones, vitamins, and potassium which are necessary for a healthy diet. Soy flour is a gluten-free product that is the most preferred food type for health-conscious consumers as well as by fitness trainers as breakfast cereals. Thus market demand from the food and beverages industry is higher for soy flour..Primary factors accounted for driving the market are increasing disposable income, extensive use in the preparation of various food products and bakery products, increasing trend and preference for gluten-free foods and growing awareness regarding the health benefits of Soy Flour. However, stringent government regulations and consumer skepticism are the factors hindering the growth of the market.

Latin America Soy Flour Market Segmentation

based on

  • Type 

  • Application

Based on Type

  • Natural 

  • Full fat

  • Low fat

  • Fat-free or defatted

Based on Application

  • Bakery

  • Meat Substitutes

  • Functional Food

  • Dairy Alternative

  • Confectionary

  • Baby Food Products

Latin America Soy Flour Market Regional Analysis

  • Brazil

  • Argentina

  • Mexico

 Brazil holds the major share in the market due to the presence of market leaders as well as a large population of bakery food products consuming individuals and its extensive use in food products. Argentina is the fastest-growing region due to increasing demand and product innovation and increasing disposable income. Natural or Full-fat Soy Flour holds the major share in the market due to their extensive use in bakery applications and processing ease while low-fat variant is expected to grow the fastest due to the increasing trend of low-fat food. Based on Application bakery food applications hold the major share in the market while Functional Foods and Meat replacement foods are expected to grow the fastest.

Latin America Soy Flour Market Key players

  1. Archer Daniels Midland Corn Processing

  2. Cargill Inc. proteins

  3. CHS Inc

  4. Food and Ingredients

  5. Devansoy Inc.

  6. Finnsoy, Foodchem International Corporation Proteins

  7. Harvest Innovations

  8. Kerry Group Ingredients

  9. The Nisshin Oillio Group Ltd

  10. Soy Foods & Materials Business

  11. Ruchi soya Extraction 

  12. Sinoglory Enterprise Group

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