Key Market Indicators
Brazilian Animal Feed Import is projected to reach approximately 106 million kilograms by 2028, up from about 99 million kilograms in 2023. This represents an average annual growth rate of 1.1%. Since 1994, the demand for animal feed in Brazil has consistently increased at an average rate of 2% per year. On the export front, Brazil's Animal Feed Export is expected to climb to around 345 million kilograms by 2028, from roughly 290 million kilograms in 2023. This marks a compound annual growth rate (CAGR) of 2.7%. Since 1994, the supply of animal feed from Brazil has grown at an average rate of 3.8% per year. In 2023, Brazil ranked 15th in global animal feed exports, with Malaysia slightly ahead at approximately 290 million kilograms. Germany, Belgium, and the United States occupied the second, third, and fourth positions, respectively, in this ranking.