Key Market Indicators
**Brazilian Sweeteners Production to Decline by 2028** Brazilian sweeteners production is projected to decrease over the next five years. By 2028, output is expected to fall to approximately 29.7 million metric tons, down from around 31.9 million metric tons in 2023. This marks an average annual decline of 1.1%. Despite this projected decline, the country has seen a slight increase in production since 2019, with a year-on-year growth rate of 0.6%. In 2023, Brazil ranked as the second-largest producer globally, trailing behind India, which matched Brazil's output of 31.9 million metric tons. Following Brazil in the rankings were the United States and Thailand, occupying the third and fourth positions, respectively. **Steady Growth in Brazilian Sweeteners Sales** In contrast, Brazilian sweeteners sales are expected to experience modest growth. By 2028, sales are forecasted to reach about 9 million metric tons, up from 8.96 million metric tons in 2023. This represents an average annual growth rate of 0.1%. Since 2019, the Brazilian market for sweeteners has shown consistent, albeit slight, growth of 0.1% year on year.
