The forecasted groundnut oil market in Brazil shows a steady growth in volume from 2024 onwards. In 2023, the market stood at approximately 7.1 thousand metric tons. From 2024 to 2028, the market volume is expected to increase year-on-year: 3.0% from 2024 to 2025, 2.8% from 2025 to 2026, and 2.7% from 2026 to 2027, with a similar trend continuing to 2028. The Compound Annual Growth Rate (CAGR) over this five-year forecast period is estimated to be around 2.7%.

Future trends to watch for include:

Growing consumer demand for healthier cooking oil alternatives, potentially driving higher groundnut oil consumption.
Government policies and initiatives promoting domestic agriculture and oil production.
Fluctuations in raw material costs and economic factors impacting import-export dynamics.