In 2023, the turnover in the fruit and vegetable processing sector in Brazil stood at 28.85 billion Brazilian Reals. The forecast for 2024 is 29.48 billion, representing a 2.18% increase from 2023. By 2025, the turnover is expected to grow by 2.24% to 30.14 billion. From 2026 to 2028, the market projects increases of 2.12%, 2.05%, and 1.97%, respectively, reaching 32.03 billion in 2028. The compound annual growth rate (CAGR) over these five years is 2.07%.
Future trends to watch for include:
- Increasing demand for organic and sustainable processed fruit and vegetable products.
- Technological advancements in processing and packaging that improve quality and shelf-life.
- Potential trade policy changes impacting export opportunities and cost structures.
- Growing health consciousness driving consumer preferences toward healthier product options.