Brazil's actual beef and veal meat supply in 2023 stood at 10.62 million metric tons (carcass weight equivalent). For the years 2024 to 2028, the forecasted supply values show a steady year-on-year increase, with 10.74 million metric tons in 2024, 10.87 million metric tons in 2025, 10.99 million metric tons in 2026, 11.11 million metric tons in 2027, and 11.23 million metric tons in 2028. The variations over the last two years demonstrate a consistent upward trend, with annual growth rates indicating a stable increase. From 2024 to 2025, the supply increases by approximately 1.21%, and from 2025 to 2026, there is roughly a 1.10% rise. The five-year compound annual growth rate (CAGR) from 2024 to 2028 is around 1.10%.
Future trends to watch for include potential impacts of climate change on cattle farming, shifts in consumer preferences towards plant-based proteins, and international trade policies affecting beef exports. Additionally, technological advancements in agriculture might play a significant role in optimizing beef production efficiency.
