In 2023, Brazil's domestic fluid milk consumption was approximately 10.87 million metric tons. The forecast from 2024 to 2028 suggests a steady increase, with volumes rising from 10.92 million metric tons in 2024 to 11.11 million metric tons by 2028. Year-on-year growth rates show a modest upward trend of around 0.5% each year. Over the forecast period, the compound annual growth rate (CAGR) is expected to be minimal, signaling a stable but slow growth trajectory.
Future trends to watch for include:
- Potential changes in consumer preferences towards alternative milk products.
- Economic factors influencing purchasing power and consumption patterns.
- Impact of governmental policies on dairy production and distribution.
