As of 2023, the consumption of soybean oil for non-food uses in Brazil is estimated to be slightly below 4.5 million metric tons. The forecast data indicates a stable increase in demand from 2024 to 2028, with annual growth rates of approximately 1.3% per year. Notably, the compound annual growth rate (CAGR) over this period is poised at 1.3% per annum.

Future trends to watch for include:

Environmental policies boosting demand for biofuels, potentially increasing non-food uses of soybean oil.
Technological advancements in biodiesel production which might drive efficiency and influence market dynamics.
Economic changes or policy shifts in international trade that could affect export opportunities and domestic consumption.