In 2023, the Nuts Market Size Volume Per Capita in Brazil stood at 0.79 kilograms. Forecasts indicate a steady growth in consumption over the next five years. The volume per capita is projected to be 0.8 kg in 2024, 0.81 kg in 2025, 0.83 kg in 2026, 0.84 kg in 2027, and 0.86 kg in 2028, representing a consistent upward trend.
Year-on-year variations:
- 2024 vs 2023: 1.27% increase
- 2025 vs 2024: 1.25% increase
- 2026 vs 2025: 2.47% increase
- 2027 vs 2026: 1.20% increase
- 2028 vs 2027: 2.38% increase
The Compound Annual Growth Rate (CAGR) over the forecast period (2024-2028) is approximately 1.69%, indicating a gradual yet consistent rise in per capita nut consumption.
Future trends to watch for include the influence of health and wellness trends driving higher nut consumption, potential supply chain disruptions, and varying consumer preferences for different types of nuts, which may further impact the market's volume dynamics.