In 2023, the nuts market size in Brazil stood at approximately 165 thousand metric tons. The forecast for the coming years shows a steady increase in nuts volume. From 2024 to 2028, the market is expected to grow from 168.91 thousand metric tons to 183.18 thousand metric tons. The year-on-year variation percentages are:
- 2024: +2.37%
- 2025: +2.17%
- 2026: +2.09%
- 2027: +2.00%
- 2028: +1.93%
The compound annual growth rate (CAGR) over the five years from 2023 to 2028 is approximately 2.09%. This indicates a stable and modest growth trajectory for the nuts market in Brazil.
Future trends to watch for include the impact of health trends and dietary shifts favoring nuts as a nutritious snack, potential advancements in agricultural practices, and economic factors affecting production costs and consumer purchasing power.
