From 2023 to 2028, the forecast for beef and veal production in Brazil indicates a steady growth trajectory, starting at 10.74 million metric tons in 2024 and increasing each year to reach 11.23 million metric tons by 2028. The data suggests that the compound annual growth rate (CAGR) over this period is moderate, demonstrating consistent yearly growth. Notably, the year-on-year growth from 2023 to 2024 marks a continuation of this upward trend, reflecting ongoing demand and production capacity improvements.
Future trends to watch for include:
- Potential impacts of environmental policies on beef production.
- Shifts in global demand influencing export markets.
- Technological advancements in livestock management and production efficiency.
- Changes in consumer preferences toward sustainable meat sources.