As of 2023, cheese human domestic consumption in Brazil was at 816.0 thousand metric tons. Starting from 2024, forecasted data indicate a steady increase in consumption, reaching 861.0 thousand metric tons by 2028. The annual growth rate is projected at approximately 1.1% year-on-year. Over the forecasted five-year period, the compound annual growth rate (CAGR) is expected to be consistent at around 1.1%, indicating a stable growth trajectory in cheese consumption among Brazilians.
Future trends to watch for include:
- Changes in Brazilian dietary preferences that could impact cheese demand.
- Potential economic factors influencing purchasing power and cheese affordability.
- Innovation in cheese varieties that cater to local tastes and health-conscious consumers.