In 2023, cow milk butter production in Brazil reached 118.41 thousand metric tons. Analyzing year-on-year variability, there was a consistent upward trend from 2013 to 2023, with notable dips in 2020. The CAGR over the past five years stood at 1.44%. Looking at the forecast data from 2024 onwards, the production is expected to grow steadily at a CAGR of 1.06% through 2028, potentially reaching 126.62 thousand metric tons by then.
Future trends to watch for include:
-Potential impacts of global trade agreements on dairy exports.
-Technological advancements in dairy farming enhancing yield and quality.
-Shifts in domestic consumption patterns influenced by dietary trends and economic conditions.
-Climate change effects on pasture availability and milk production cycles.
