The import volume of protein concentrates and textured protein substances to Brazil shows a consistent upward trend from 2024 to 2028. The expected growth from 6.5784 million kilograms in 2024 to 7.3137 million kilograms in 2028 reflects a steady increase of approximately 2.8% each year. Since the actual data for 2023 was not provided, but considering the trend, it may have been slightly lower than the 2024 forecast. This gradual growth suggests a CAGR of around 2.8% over the forecasted period.
Future trends to watch include:
- Rising demand for plant-based protein alternatives, potentially accelerating imports.
- Impacts of trade policies and economic conditions on import volumes.
- Technological advancements in protein production, potentially influencing sourcing strategies.