Pea Fiber Industry Analysis in Latin America
Study on Pea Fiber in Latin America by Food Grade and Feed Grade for Bakery, Vegan Meat Substitutes, Soups & Sauces, Beverages, and Animal Food from 2024 to 2034
Analysis of Pea Fiber Industry Covering Countries Include Analysis of Brazil, Mexico, Argentina, Chile, Peru, and Rest of Latin America
Pea Fiber Sales Outlook for Latin America (2024 to 2034)
Increasing at a CAGR of 6.7%, pea fiber sales in Latin America are projected to rise from US$ 2.08 billion in 2024 to a market value of US$ 3.98 billion by the end of 2034.
Pea fiber is a type of dietary fiber sourced primarily from peas, with its extraction typically focusing on the outer husk or shell of the pea. Pea fiber is a plant-based ingredient. This type of fiber is associated with various health benefits, including improved digestive health, weight management, and blood sugar control.
Growing interest in plant-based diets and plant-derived products in Latin America is creating a profitable marketplace for pea fiber producers. Pea fiber significantly aligns with the preferences of consumers looking for natural, plant-based, and sustainable food options. The swiftly growing food industry in Latin America is continuously focusing on innovations and caters to health-conscious consumers who widely demand functional food ingredients including pea fiber.
There is a global trend toward healthier eating habits, with more consumers seeking food options that offer nutritional benefits. Inner hull pea fiber, being rich in dietary fiber and associated with various health advantages, aligns with this trend. The growing awareness of the importance of dietary fiber for digestive health and overall well-being is boosting the demand for inner hull pea fiber.
- Inner hull pea fiber sales in Latin America are forecasted to rise at a CAGR of 7.8% during the next 10 years and reach US$ 1.57 billion by 2034-end.
| Report Attributes | Details |
|---|---|
| Pea Fiber Sales in Latin America (2024E) | US$ 2.08 Billion |
| Forecasted Sales (2034F) | US$ 3.98 Billion |
| Demand Growth (2024 to 2034) | 6.7% CAGR |
| Inner Hull Pea Fiber Sales (2024E) | US$ 739.4 Million |
| Conventional Pea Fiber Sales Growth (2024 to 2034) | 6.8% CAGR |
| Organic Pea Fiber Sales (2024E) | US$ 192 Million |
| Key Companies Profiled | Fenchem; Cosucra-Groupe Warcoing; Roquette Freres; Glanbia Plc; Puris Foods |
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Will Health and Wellness Trends Drive Pea Fiber Sales in Latin America?
“Nutritional Role of Pea Fiber in Weight Management”
Rising prevalence of obesity and diabetes in Latin America is becoming a significant public health concern, prompting high attention to dietary habits and lifestyle choices. In response to this health challenge, there is a growing demand for functional ingredients that can aid in weight management and blood sugar control. Pea fiber, with its distinctive properties, is emerging as a promising candidate to address these health concerns, thereby witnessing growing interest within the region.
Pea fiber's role in weight management is closely tied to its high dietary fiber content. When incorporated into food products, it can enhance the feeling of fullness and reduce overall caloric intake. This satiety-inducing effect is particularly relevant for individuals seeking weight loss or weight maintenance, making pea fiber an appealing ingredient for the formulation of products designed to support healthy body weight.
“Snacking Revolution with Pea Fiber Delights in the Region”
In the vibrant landscape of Latin American cuisine, food manufacturers are finding an enticing opportunity to innovate and diversify their product portfolios by harnessing the versatile potential of pea fiber. This functional ingredient, derived from peas, is proving to be a game-changer in the quest for creating healthier and more appealing food options that align with the distinct taste preferences of the local population.
Snacking culture is deeply ingrained in Latin America, and pea fiber provides an avenue for revolutionizing the snack aisle. Many manufacturers are focusing on the production of crunchy pea fiber-infused tortilla chips, savory roasted peas, and more, offering a boost of dietary fiber for guilt-free snacking.
Latin American bakeries are also embracing the trend of incorporating pea fiber into artisanal bread and pastries. Pea fiber's ability to enhance texture and moisture retention makes it a secret ingredient for bakers aiming to create baked goods that not only satisfy taste buds but also contribute to overall well-being.
Country-wise Analysis
Will Pea Fiber Food Producers Thrive in Brazil Over the Decade?
“Growing Adoption for Plant-based Diets across the Region”
| Attribute | Brazil |
|---|---|
| Market Value (2024E) | US$ 505.6 Million |
| Growth Rate (2024 to 2034) | 6% CAGR |
| Projected Value (2034F) | US$ 905.45 Million |
The shift toward plant-based diets is observable in Brazil, driven by environmental concerns and health considerations. Pea fiber, being plant-derived, aligns with this trend, as consumers seek sustainable and plant-powered options in their food choices.
Brazilian food manufacturers are also actively exploring innovative ways to incorporate pea fiber into a variety of products. From snacks to bakery items, the versatility of pea fiber offers ample opportunities for diversification, catering to the diverse tastes and preferences of the Brazilian population.
Why are More Mexicans Falling in Love with Pea Fiber Foods?
“Health-conscious Consumers Preferring Nutritional Foods with Pea Fiber as Ingredient”
| Attribute | Mexico |
|---|---|
| Market Value (2024E) | US$ 916.4 Million |
| Growth Rate (2024 to 2034) | 7.2% CAGR |
| Projected Value (2034F) | US$ 1.84 Billion |
Mexico is facing challenges related to diabetes, making blood sugar management a key concern. Pea fiber's role in stabilizing blood sugar levels presents an opportunity for its incorporation into products catering to the diabetic and health-conscious demographic.
More consumers are increasingly focused on health and wellness. Pea fiber's association with digestive health and weight management positions it as a sought-after ingredient in a market where consumers are actively seeking functional and nutritious options.
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Category-wise Analysis
Why is Demand for Food-grade Pea Fiber High in Latin America?
“Natural and Plant-based Appeal Driving Consumption of Food-grade Pea Fiber”
| Attribute | Food-grade Pea Fiber |
|---|---|
| Segment Value (2024E) | US$ 1.48 Billion |
| Growth Rate (2024 to 2034) | 7% CAGR |
| Projected Value (2034F) | US$ 2.94 Billion |
Demand for food-grade pea fiber in Latin America is increasing due to its alignment with health and wellness trends, digestive health benefits, suitability for weight management and blood sugar control, gluten-free appeal, clean-label preferences, and its role in functional food formulations. These factors collectively position food-grade pea fiber as a sought-after ingredient in the evolving Latin American food market.
Competitive Landscape
Latin American pea fiber manufacturers are employing several tactics to earn more such as strategic product diversifications, innovations, partnerships, and a commitment to quality and sustainability. By leveraging these strategies, manufacturers can meet the current demand for pea fiber and also position themselves for significant growth in the dynamic food ingredient trade.
Leading companies are establishing strategic partnerships with local farmers, suppliers, and global distributors. These collaborations ensure a stable supply chain of quality peas for fiber extraction and create opportunities for market expansion both locally and internationally.
- Cargill, a major player in the food and agricultural industry, offers a range of pea-based ingredients, including pea fiber. Its pea fiber products are often used as functional ingredients in various food applications, providing texture, fiber content, and nutritional benefits.
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Segmentation of Pea Fiber Study in Latin America
-
By Type :
- Inner Hull Fiber
- Outer Hull Fiber
-
By Source :
- Organic
- Conventional
-
By Grade :
- Food Grade
- Feed Grade
-
By Application :
- Bakery
- Vegan Meat Substitutes
- Soups & Sauces
- Beverages
- Animal Foods
-
By Country :
- Brazil
- Mexico
- Argentina
- Chile
- Peru
- Rest of Latin America
Table of Content
- 1. Latin America Industry - Executive Summary
- 2. Latin America Industry Overview
- 3. Industry Risks and Trends Assessment
- 4. Industry Background and Data Points
- 5. Latin America Industry Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 6. Latin America Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, By Type
- 6.1. Inner Hull Fiber
- 6.2. Outer Hull Fiber
- 7. Latin America Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Grade
- 7.1. Food Grade
- 7.2. Feed Grade
- 8. Latin America Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Application
- 8.1. Bakery
- 8.2. Vegan Meat Substitutes
- 8.3. Soups & Sauces
- 8.4. Beverages
- 8.5. Animal Foods
- 8.6. Other Applications
- 9. Latin America Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Source
- 9.1. Organic
- 9.2. Conventional
- 10. Latin America Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Country
- 10.1. Brazil
- 10.2. Mexico
- 10.3. Argentina
- 10.4. Rest of Latin America
- 11. Brazil Industry Analysis 2018 to 2023 and Forecast 2024 to 2034
- 12. Mexico Industry Analysis 2018 to 2023 and Forecast 2024 to 2034
- 13. Argentina Industry Analysis 2018 to 2023 and Forecast 2024 to 2034
- 14. Rest of Latin America Industry Analysis 2018 to 2023 and Forecast 2024 to 2034
- 15. Industry Structure Analysis
- 16. Competition Analysis
- 16.1. Fenchem
- 16.2. Cosucra-Groupe Warcoing
- 16.3. Roquette Freres
- 16.4. Glanbia Plc
- 16.5. Puris Foods
- 17. Assumptions and Acronyms Used
- 18. Research Methodology
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List Of Table
Table 01: Latin America Industry Value (US$ Mn) Analysis, by Type, 2018 to 2023
Table 02: Latin America Industry Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 03: Latin America Industry Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 04: Latin America Industry Value (US$ Mn) Analysis, by Grade, 2018 to 2023
Table 05: Latin America Industry Value (US$ Mn) Analysis, by Grade, 2024 to 2034
Table 06: Latin America Industry Value (US$ Mn) Opportunity Analysis, by Grade, 2024 to 2034
Table 07: Latin America Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 08: Latin America Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 09: Latin America Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 10: Latin America Industry Value (US$ Mn) Analysis, by Source, 2018 to 2023
Table 11 Latin America Industry Value (US$ Mn) Analysis, by Source, 2024 to 2034
Table 12: Latin America Industry Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034
Table 13: Latin America Industry Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 14: Latin America Industry Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 15: Latin America Industry Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 16: Brazil Industry Value (US$ Mn) Analysis, by Type, 2018 to 2023
Table 17: Brazil Industry Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 18: Brazil Industry Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 19: Brazil Industry Value (US$ Mn) Analysis, by Grade, 2018 to 2023
Table 20: Brazil Industry Value (US$ Mn) Analysis, by Grade, 2024 to 2034
Table 21: Brazil Industry Value (US$ Mn) Opportunity Analysis, by Grade, 2024 to 2034
Table 22: Brazil Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 23: Brazil Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 24: Brazil Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 25: Brazil Industry Value (US$ Mn) Analysis, by Source, 2018 to 2023
Table 26: Brazil Industry Value (US$ Mn) Analysis, by Source, 2024 to 2034
Table 27: Brazil Industry Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034
Table 28: Mexico Industry Value (US$ Mn) Analysis, by Type, 2018 to 2023
Table 29: Mexico Industry Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 30: Mexico Industry Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 31: Mexico Industry Value (US$ Mn) Analysis, by Grade, 2018 to 2023
Table 32: Mexico Industry Value (US$ Mn) Analysis, by Grade, 2024 to 2034
Table 33: Mexico Industry Value (US$ Mn) Opportunity Analysis, by Grade, 2024 to 2034
Table 34: Mexico Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 35: Mexico Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 36: Mexico Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 37: Mexico Industry Value (US$ Mn) Analysis, by Source, 2018 to 2023
Table 38: Mexico Industry Value (US$ Mn) Analysis, by Source, 2024 to 2034
Table 39: Mexico Industry Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034
Table 40: Argentina Industry Value (US$ Mn) Analysis, by Type, 2018 to 2023
Table 41: Argentina Industry Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 42: Argentina Industry Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 43: Argentina Industry Value (US$ Mn) Analysis, by Grade, 2018 to 2023
Table 44: Argentina Industry Value (US$ Mn) Analysis, by Grade, 2024 to 2034
Table 45: Argentina Industry Value (US$ Mn) Opportunity Analysis, by Grade, 2024 to 2034
Table 46: Argentina Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 47: Argentina Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 48: Argentina Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 49: Argentina Industry Value (US$ Mn) Analysis, by Source, 2018 to 2023
Table 50: Argentina Industry Value (US$ Mn) Analysis, by Source, 2024 to 2034
Table 51: Argentina Industry Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034
Table 52: Rest of Latin America Industry Value (US$ Mn) Analysis, by Type, 2018 to 2023
Table 53: Rest of Latin America Industry Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 54: Rest of Latin America Industry Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 55: Rest of Latin America Industry Value (US$ Mn) Analysis, by Grade, 2018 to 2023
Table 56: Rest of Latin America Industry Value (US$ Mn) Analysis, by Grade, 2024 to 2034
Table 57: Rest of Latin America Industry Value (US$ Mn) Opportunity Analysis, by Grade, 2024 to 2034
Table 58: Rest of Latin America Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 59: Rest of Latin America Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 60: Rest of Latin America Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 61: Rest of Latin America Industry Value (US$ Mn) Analysis, by Source, 2018 to 2023
Table 62: Rest of Latin America Industry Value (US$ Mn) Analysis, by Source, 2024 to 2034
Table 63: Rest of Latin America Industry Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034
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List Of Figures
Figure 01: Latin America Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 02: Latin America Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Latin America Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 04: Latin America Industry Incremental $ Opportunity, 2024 to 2034
Figure 05: Latin America Industry Share and BPS Analysis by Type, 2024 & 2034
Figure 06: Latin America Industry Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 07: Latin America Industry Attractiveness Analysis by Type, 2024 to 2034
Figure 08: Latin America Industry Share and BPS Analysis by Grade, 2024 & 2034
Figure 09: Latin America Industry Y-o-Y Growth Projections by Grade, 2024 to 2034
Figure 10: Latin America Industry Attractiveness Analysis by Grade, 2024 to 2034
Figure 11: Latin America Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 12: Latin America Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 13: Latin America Industry Attractiveness Analysis by Application, 2024 to 2034
Figure 14: Latin America Industry Share and BPS Analysis by Source, 2024 & 2034
Figure 15: Latin America Industry Y-o-Y Growth Projections by Source, 2024 to 2034
Figure 16: Latin America Industry Attractiveness Analysis by Source, 2024 to 2034
Figure 17: Latin America Industry Share and BPS Analysis by Country, 2024 & 2034
Figure 18: Latin America Industry Y-o-Y Growth Projections by Country, 2024 to 2034
Figure 18: Latin America Industry Attractiveness Analysis by Country, 2024 to 2034
Figure 20: Brazil Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 21: Brazil Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 22: Brazil Industry Value Y-o-Y Growth and Forecast, 2034
Figure 23: Brazil Industry Incremental $ Opportunity, 2024 to 2034
Figure 24: Brazil Industry Share and BPS Analysis by Type, 2024 & 2034
Figure 25: Brazil Industry Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 26: Brazil Industry Attractiveness Analysis by Type, 2024 to 2034
Figure 27: Brazil Industry Share and BPS Analysis by Grade, 2024 & 2034
Figure 28: Brazil Industry Y-o-Y Growth Projections by Grade, 2024 to 2034
Figure 29: Brazil Industry Attractiveness Analysis by Grade, 2024 to 2034
Figure 30: Brazil Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 31: Brazil Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 32: Brazil Industry Attractiveness Analysis by Application, 2024 to 2034
Figure 33: Brazil Industry Share and BPS Analysis by Source, 2024 & 2034
Figure 34: Brazil Industry Y-o-Y Growth Projections by Source, 2024 to 2034
Figure 35: Brazil Industry Attractiveness Analysis by Source, 2024 to 2034
Figure 36: Mexico Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 371: Mexico Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 38: Mexico Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 39: Mexico Industry Incremental $ Opportunity, 2024 to 2034
Figure 40: Mexico Industry Share and BPS Analysis by Type, 2024 & 2034
Figure 41: Mexico Industry Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 42: Mexico Industry Attractiveness Analysis by Type, 2024 to 2034
Figure 43: Mexico Industry Share and BPS Analysis by Grade, 2024 & 2034
Figure 44: Mexico Industry Y-o-Y Growth Projections by Grade, 2024 to 2034
Figure 45: Mexico Industry Attractiveness Analysis by Grade, 2024 to 2034
Figure 46: Mexico Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 47: Mexico Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 48: Mexico Industry Attractiveness Analysis by Application, 2024 to 2034
Figure 49: Mexico Industry Share and BPS Analysis by Source, 2024 & 2034
Figure 50: Mexico Industry Y-o-Y Growth Projections by Source, 2024 to 2034
Figure 51: Mexico Industry Attractiveness Analysis by Source, 2024 to 2034
Figure 52: Argentina Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 53: Argentina Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 54: Argentina Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 55: Argentina Industry Share and BPS Analysis by Type, 2024 & 2034
Figure 56: Argentina Industry Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 57: Argentina Industry Attractiveness Analysis by Type, 2024 to 2034
Figure 58: Argentina Industry Share and BPS Analysis by Grade, 2024 & 2034
Figure 59: Argentina Industry Y-o-Y Growth Projections by Grade, 2024 to 2034
Figure 60: Argentina Industry Attractiveness Analysis by Grade, 2024 to 2034
Figure 61: Argentina Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 62: Argentina Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 63: Argentina Industry Attractiveness Analysis by Application, 2024 to 2034
Figure 64: Argentina Industry Share and BPS Analysis by Source, 2024 & 2034
Figure 65: Argentina Industry Y-o-Y Growth Projections by Source, 2024 to 2034
Figure 66: Argentina Industry Attractiveness Analysis by Source, 2024 to 2034
Figure 67: Rest of Latin America Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 68: Rest of Latin America Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 69: Rest of Latin America Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 70: Rest of Latin America Industry Share and BPS Analysis by Type, 2024 & 2034
Figure 71: Rest of Latin America Industry Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 72: Rest of Latin America Industry Attractiveness Analysis by Type, 2024 to 2034
Figure 73: Rest of Latin America Industry Share and BPS Analysis by Grade, 2024 & 2034
Figure 74: Rest of Latin America Industry Y-o-Y Growth Projections by Grade, 2024 to 2034
Figure 75: Rest of Latin America Industry Attractiveness Analysis by Grade, 2024 to 2034
Figure 76: Rest of Latin America Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 77: Rest of Latin America Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 78: Rest of Latin America Industry Attractiveness Analysis by Application, 2024 to 2034
Figure 79: Rest of Latin America Industry Share and BPS Analysis by Source, 2024 & 2034
Figure 80: Rest of Latin America Industry Y-o-Y Growth Projections by Source, 2024 to 2034
Figure 81: Rest of Latin America Industry Attractiveness Analysis by Source, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the sales value of pea fiber in Latin America in 2024?
Sales of pea fiber in Latin America are estimated at US$ 2.08 billion in 2024.
What are the projected sales of pea fiber by 2034?
Pea fiber product sales are forecasted to reach US$ 3.98 billion by 2034.
At what rate is the market predicted to expand in Latin America?
Pea fiber demand is projected to increase at a CAGR of 6.7% from 2024 to 2034.
How is pea fiber demand evolving in Brazil?
Sales of pea fiber products are forecasted to increase at a CAGR of 6% and reach US$ 905.45 million by 2033.
Which type of pea fiber is widely consumed in the region?
Inner hull pea fiber is popular and sales are predicted to rise at a CAGR of 7.8% from 2024 to 2034.
Pea Fiber Industry Analysis in Latin America