Probiotic and prebiotic products will be the fastest-growing functional foods in Latin America over the next seven years, fueled by consumer desire for general health and wellbeing benefits, says Grand View Research.
Latin America's nutritional marketplace is thriving with opportunity thanks to evolving consumer trends and innovation advances but succeeding requires a digital-first strategy, says the co-founder of BrandHive.
Soy and pea are seeing increased demand in Latin America's protein ingredients market but it will be animal-sourced variants like whey and beef collagen fueling future growth, says Grand View Research.
Infant formula is driving the most significant surge for omega-3 ingredients in South America and this may explain the rising interest in algal sources, says the Global Organization for EPA and DHA omega-3 (GOED).
While growth in turmeric and curcumin supplements may slow after years of meteoric increases, increased interest from functional food and beverage formulators will maintain high demand for the ingredient, says Naturex as it launches Turmipure Gold.
Nutrition-caused anemia is a leading hidden hunger health concern in Latin America that could be addressed through flour fortification but this needs private sector support, says the Food Fortification Initiative's director.
A burgeoning interest in fitness, sport and healthier lifestyles across Latin America will drive dietary supplement demands, presenting huge opportunity for new entrants and domestic players in particular, says an expert.