Maize feed consumption in Brazil has shown an overall increasing trend from 2014 to 2023, reaching 50.82 million metric tons in 2023. Significant year-on-year fluctuations have occurred, particularly between 2015 and 2017, yet the consumption has stabilized with modest growth since 2018. The latest two years saw minor growth rates, with a year-on-year increase of 1.24% in 2023. Over the last five years, the compound annual growth rate (CAGR) averaged 0.58%, indicating a steady expansion.

Future trends to watch for:

Continued moderate growth with a forecasted CAGR of 0.88% from 2024 to 2028.
Potential impacts of global maize production changes on local feed prices and consumption patterns.
Technological advancements in agriculture that may affect yield and production efficiency.
Economic and policy shifts influencing the feed industry.