In 2023, Brazil's peas market size volume stood at approximately 0.17 kilograms per capita. Starting from 2024, the forecast anticipates a gradual decline with volumes decreasing from 0.16 kilograms per capita in 2024 to 0.14 kilograms per capita by 2028. Annually, a slight reduction is noted with a 6.25% decrease from 2023 to 2024, stabilizing in the subsequent years, and presenting a five-year compound annual growth rate (CAGR) of -3.05%. This suggests a consistent decline in pea consumption per capita year-on-year.
Future trends to watch for include changes in consumer preferences, potential shifts towards plant-based diets, and economic factors affecting buyers' purchasing power which could influence demand patterns in the Brazilian peas market.
