In 2023, the beef and veal meat human domestic consumption in Brazil stood at 7.85 million metric tons (carcass weight equivalent). The forecasted data shows a steady increase in consumption from 2024 to 2028, with an average annual growth rate (CAGR) of approximately 0.5%. The year-on-year growth rates from 2024 to 2025 and from 2025 to 2026 are both around 0.63%, indicating a consistent upward trend in consumption volume.
Future trends to watch for include:
• Changes in consumer preferences towards plant-based diets or alternative protein sources, which could impact meat consumption.
• Economic factors such as income growth or inflation that might affect purchasing power and meat demand.
• Government policies on agriculture and trade that could influence meat production and supply.
