In 2023, Brazil's production of skimmed cow milk cheese stood at 15.42 thousand metric tons. The forecasted data for the period from 2024 to 2028 shows a consistent increase. In 2024, production is expected to reach 16.0 thousand metric tons, reflecting a year-on-year growth of 3.76%. The growth continues with 3.63% in 2025, 3.44% in 2026, 3.27% in 2027, and 3.05% in 2028, resulting in production values of 16.58, 17.15, 17.71, and 18.25 thousand metric tons respectively. The overall Compound Annual Growth Rate (CAGR) across these five years is approximately 3.43%.
Future trends to watch for include:
- Potential impacts of global dairy market fluctuations on Brazil's production capabilities and export strategies.
- Advancements in dairy farming technology and practices that could further boost production efficiency.
- Changes in domestic demand driven by dietary trends and economic conditions.
- Environmental and sustainability considerations in dairy farming influencing production methods.