Over the past decade, the gross income of beverages in Brazil has shown varied movements. From 2013 to 2015, the income experienced fluctuations but maintained a general upward trend. Starting in 2018, there was a significant recovery with notable increases in 2019 and 2020, suggesting a period of growth. The year 2023 saw stability with no change in value from the previous year, standing at 27 Million Brazilian Reals. Looking ahead, forecasted data from 2024 to 2028 predict a consistent rise, with the gross income expected to reach 31 Million Brazilian Reals in 2028. The compound annual growth rate (CAGR) for the forecasted period is 2.06%, with an overall forecasted growth rate of 10.71% over five years.
Trends to watch for:
- Potential impacts of economic shifts and inflation rates on consumer spending and beverage prices.
- Emerging consumer preferences towards healthier beverages and sustainable packaging.
- Market dynamics influenced by local and global competition, as well as potential regulatory changes.
- Technological advancements in production, distribution channels and marketing strategies.
