The forecast for butter and ghee production in Brazil from 2024 to 2028 shows a steady rise, beginning at 111.26 thousand metric tons in 2024 and expected to reach 112.87 thousand metric tons by 2028. The year-on-year growth rate from 2024 to 2025 is 0.38%, and from 2025 to 2026 is 0.36%. The overall compound annual growth rate (CAGR) for the five-year period is anticipated to be approximately 0.36%, indicating a modest upward trend.
Future trends to watch for include:
- Potential impacts of economic conditions on dairy production.
- Technological advancements improving production efficiency.
- Changes in consumer preferences towards plant-based alternatives.