The Latin America, Middle East and Africa Protein Crisps Market would witness market growth of 9.6% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Protein Crisps Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $50.4 Million by 2031. The Argentina market is registering a CAGR of 10.3% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 8.7% during (2024 - 2031).
The growing shift toward plant-based diets has significantly fueled the expansion of the protein crisps market. The demand for plant-based protein treats that are consistent with health-conscious and ethical eating habits is on the rise as more consumers adopt vegan, vegetarian, or flexitarian lifestyles. Manufacturers have responded by introducing protein crisps made from alternative protein sources such as peas, lentils, quinoa, and chickpeas, offering nutritious and flavorful options for this expanding consumer segment.
Moreover, brands like Protes and PopCorners Flex use pea protein to create high-protein, vegan-friendly crisps in popular flavors like barbecue, sour cream & onion. Similarly, Hippeas has gained popularity with chickpea-based snacks, offering varieties like Vegan White Cheddar and Sriracha Sunshine, while quinoa-based crisps continue to attract consumers for their complete protein content and added health benefits.
Due to rising demand for high-protein diets and consumer awareness of the health benefits, the LAMEA area is gradually becoming a more attractive market for protein crisps. Countries like Brazil and South Africa, with their robust food processing industries, provide a strong foundation for producing and consuming protein crisps. The integration of protein crisps into traditional and modern recipes and their role in addressing nutritional deficiencies positions LAMEA as a key growth area for the protein crisps market. Consumers across the region are increasingly seeking healthier snacking options that align with evolving dietary preferences, creating strong market potential for protein-enriched snacks.
Free Valuable Insights: The Worldwide Protein Crisps Market is Projected to reach USD 2.64 Billion by 2031, at a CAGR of 8.1%
Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Convenience Stores, Online, and Other Distribution Channel. Based on Application, the market is segmented into Sports Nutrition, Weight Management, and Other Application. Based on Product, the market is segmented into Whey Protein Crisps, Soy Protein Crisps, Pea Protein Crisps, Milk Protein Crisps, and Other Product. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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