In 2023, wages and salaries in Brazil’s Grain Mill Products, Starches, and Starch Products Manufacturing sector amounted to 6.3 billion Brazilian Reals. From 2024 to 2028, a consistent upward trend is forecasted, with annual values increasing from 6.57 billion to 7.47 billion Brazilian Reals. The year-on-year growth rates are projected at approximately 3.5% to 3.2% annually. Over the five-year period, the compound annual growth rate (CAGR) is estimated at 3.54%, indicating steady growth in labor compensation.

Future trends to watch for:

Potential impacts of technology advancements improving operational efficiency may affect wage growth.
Influence of economic policies on grain and starch sectors could alter employment dynamics.
Global supply chain shifts might introduce new labor demands or constraints in the industry.