The seafood processing sector in Brazil sees a downward trend in the forecasted number of establishments from 2024 to 2028. The data indicates a steady decline, starting at 297.53 establishments in 2024 and decreasing to 281.28 establishments by 2028. There is an approximate average annual decrease of 1.4% over the forecast period. As of 2023, the sector had more than 297 establishments, marking the beginning of this declining phase.

Future trends to watch for:

The impact of declining establishments on Brazil’s seafood industry’s supply chain and employment
Potential shifts in consumer demand influencing this trend
Regulatory or economic changes affecting sector viability