In 2023, Brazil's groundnut oil demand stood at approximately 7.00 thousand metric tons. The forecasted growth over the next five years shows a steady increase with demand projected to reach 8.17 thousand metric tons by 2028. This reflects a year-on-year growth of 3.31% from 2024 to 2025 and a 3% increase in the following years through 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is estimated to be around 3.21%.

Future trends to watch for:

Potential changes in consumer preferences towards more health-conscious diets, influencing oil demand.
Impact of international trade policies and fluctuating agricultural yields on groundnut oil supply.
Technology advancements in processing and distribution that may affect both production efficiency and market reach.