Forecast: Milk Consumption at Farm Gate in Brazil

Milk consumption at the farm gate in Brazil stood at 26.58 million metric tons in 2023. From 2024, the year-on-year percentage variations indicate modest but consistent growth, with a projected CAGR of 0.46% over the next five years, resulting in a projected consumption of 27.36 million metric tons by 2028. Historic data show fluctuating trends, including a notable dip in 2015 (-5.07%) and 2020 (-2.86%), with more stable growth resuming in subsequent years. The compound annual growth rate from 2018 to 2023 was relatively low, at 0.21%.

Future trends to watch for:

  • Potential impacts of economic shifts and agricultural policies on milk production and consumption.
  • Technological advancements in dairy farming that could influence productivity.
  • Changing consumer preferences and dietary shifts impacting milk demand.

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