Forecast: Peanut Oil Production in Brazil

The peanut oil production in Brazil is forecasted to grow from 156.0 thousand metric tons in 2024 to 184.0 thousand metric tons in 2028. Assuming 2023 had a production level resembling 2024, the steady growth reflects a year-on-year increase: approximately 5.1% from 2024 to 2025, 4.3% from 2025 to 2026, and 3.5% from 2026 to 2027. The compound annual growth rate (CAGR) over five years is around 4.2%. This consistent upward trend indicates a strong expansion in the industry.

Future trends to watch for include:

  • Advancements in agricultural techniques and peanut varieties that could enhance yield and oil extraction rates.
  • Potential market demand shifts reflecting health trends and preferences for plant-based oils.
  • Impact of climate change and environmental policies on sustainable production practices.

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