Brazil's fluid milk domestic consumption was recorded at 27.44 million metric tons in 2023. Forecasted data from 2024 to 2028 shows a steady increase in consumption, starting with 27.68 million metric tons in 2024 and reaching 28.6 million metric tons by 2028. The year-on-year growth rates are mild but consistent: approximately 0.83% from 2024 to 2025, 0.86% from 2025 to 2026, 0.82% from 2026 to 2027, and 0.77% from 2027 to 2028.
Over the last two years (2022-2023), consumption increased by 0.73%. The Compound Annual Growth Rate (CAGR) over the last five years reveals an average yearly growth of 0.8%, indicating a stable but slow upward trend in fluid milk consumption.
Future trends to watch for:
- Economic conditions and disposable income levels affecting consumer purchasing power.
- Dietary shifts and potential increases in alternative milk products.
- Government policies on dairy production and import/export regulations.
- Technological advancements in dairy farming and production efficiency.
