The distribution of dry whole milk powder in Brazil is expected to rise steadily from 2024 through 2028, reflecting an average annual growth rate (CAGR) of approximately 1% over this five-year period. From 2023 to 2024, the distribution is forecasted to increase by 1.4%, following a similar pattern observed in the following years, with year-on-year growth rates of 1.1% from 2025 to 2026, and from 2027 to 2028.
Future trends to watch for:
- Potential impacts of global supply chain disruptions on import and export activities.
- Shifts in consumer preferences towards healthier and organic products.
- Technological advancements in dairy farming and milk powder production.
- Economic factors such as inflation rates and consumer purchasing power.
- Regulatory changes impacting dairy product standards and trade policies.