The peanut oil distribution in Brazil is forecasted to grow from 157.0 thousand metric tons in 2024 to 179.0 thousand metric tons by 2028, reflecting a steady increase over this period. However, the current growth rate is a notable improvement compared to the slower growth observed in the years leading to 2023. Year-on-year, the distribution is projected to increase by an average of 4% annually when considering the compound annual growth rate (CAGR) over the five-year period from 2024 to 2028.
Future trends to watch for include:
- Shifts in domestic demand driven by changing dietary preferences.
- Impact of agricultural policies on local peanut production.
- Global market influences, such as trade agreements and tariffs, which could affect export potential.
- Technological advancements in processing and distribution that could further optimize supply chains.