In 2024, the supply of raw animal fats protein in Brazil is forecasted at approximately 0.046 grams per capita per day. This figure is a continuation of the trend seen in previous years, with actual values standing at this level in 2023. However, a downward trend is forecasted for the subsequent years with year-on-year percentage decreases: 2025 at -6.52%, 2026 at -6.98%, 2027 at -5.00%, and 2028 at -7.89%. The compound annual growth rate (CAGR) over this five-year period is forecasted to be a decline of -5.89% per annum.
Future trends to watch for:
- Potential shifts in dietary preferences, impacting the demand for animal fats.
- Policy changes or regulations affecting animal farming and meat production.
- Environmental and sustainability trends influencing consumer behavior and product offerings.
- Technological advancements in alternative protein sources.
