The Non-Centrifugal Sugar market in Brazil is forecasted to see a gradual decline from 2024 to 2028, with the volume per capita decreasing from 2.16 kilograms in 2024 to 2.11 kilograms by 2028. This represents a small annual reduction year-on-year, reflecting a consistent diminishing trend. In 2023, the actual rate was slightly higher, indicating a declining interest or change in demand dynamics over this period. The compounded average growth rate (CAGR) over these five years underscores an overall downward trajectory in consumption.
Future trends to watch for include shifts in consumer preferences towards healthier or alternative sweeteners, potential regulatory changes impacting sugar products, and economic factors influencing purchasing power and consumption habits. Monitoring these variables could provide insight into further market adjustments.
