Brazil Agriculture Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 127.47 Billion |
| Market Size (2029) | USD 153.59 Billion |
| CAGR (2024 - 2029) | 3.80 % |
| Market Concentration | Medium |
Brazil Agriculture Market Analysis
The Agriculture in Brazil Market size is estimated at USD 127.47 billion in 2024, and is expected to reach USD 153.59 billion by 2029, growing at a CAGR of 3.80% during the forecast period (2024-2029).
Brazil is a major player in the global agricultural trade, accounting for 7.3% of global agricultural exports. The sector represents 14% of the country’s gross domestic product (GDP) and the whole agricultural chain accounts to 28%, employing almost 18 million people. Its most significant products in this sector are rice, maize, soya, sorghum, sugarcane, potato, corn, tomato, watermelon, onion etc.
Brazil Agriculture Market Trends
Higher Adoption of GM Crops and High Yielding Variety Seeds
Brazil mainly adopted GM seeds in soybeans, corn, and cotton. According to Council for Information on Biotechnology (CIB Brazil), there have been fewer losses caused by pests after adoption of GMO seeds. Consequently, the productivity and yield of the GM crops have been, on average, higher than conventional crops. The profit obtained per hectare from GM soybeans was up to 26% higher than the conventional variety. For corn, the performance differential reached 64% in the summer harvest and 152% in the winter harvest. In the case of cotton, GM seeds have a margin of 12% higher than non-modified ones.
Increase in production of molasses and raw sugar driving the sugarcane market.
Sugarcane is the main raw meterial for molasses and raw sugar. Demand for molasses and raw sugar drives the market for sugarcane. According to Food and agricultural and organization (FAO), molasses and raw sugar production was valued at 2.3 million metric tons in the year 2013 which increased to 2.6 million metric tons in the year 2014. Molasses being an important ingredient in liquor production, it drives the market with the consumption of liquor too. These market influenced drivers have expected to drive the market further in the future.
Brazil Agriculture Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Industry attractiveness- Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Food Crops / Cereals
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5.1.1 Market Size (USD Million)
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5.1.2 Domestic Production Overview
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5.1.3 Domestic Consumption Overview
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5.1.4 Import Value & Volume
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5.1.5 Export Value & Volume
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5.2 Fruits
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5.2.1 Market Size (USD Million)
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5.2.2 Domestic Production Overview
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5.2.3 Domestic Consumption Overview
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5.2.4 Import Value & Volume
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5.2.5 Export Value & Volume
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5.3 Vegetables
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5.3.1 Market Size (USD Million)
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5.3.2 Domestic Production Overview
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5.3.3 Domestic Consumption Overview
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5.3.4 Import Value & Volume
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5.3.5 Export Value & Volume
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6. Regional Analysis
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6.1 PESTLE Analysis
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6.2 Supply Chain Analysis
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6.3 Government Policies
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7. COMPETITIVE LANDSCAPE
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7.1 Distribution Network & Retail Analysis
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7.2 Company Profiles
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8. MARKET OPPORTUNITIES AND FUTURE TRENDS
Brazil Agriculture Industry Segmentation
Brazil is the second-largest producer of soybeans in the world with a production of 86.8 million ton in 2014. Brazil is the global leader in the production of sugarcane, harvesting more than 600 million tons of it every year. The main crops with large market size and growth prospects includes cereal crops, such as rice, maize, millet, and sorghum, along with fruits and vegetables crops, such as tomato, onions, pineapple, and mangoes. Sugar cane also form one of the major agricultural crop of the country.
| Food Crops / Cereals | |
| Market Size (USD Million) | |
| Domestic Production Overview | |
| Domestic Consumption Overview | |
| Import Value & Volume | |
| Export Value & Volume |
| Fruits | |
| Market Size (USD Million) | |
| Domestic Production Overview | |
| Domestic Consumption Overview | |
| Import Value & Volume | |
| Export Value & Volume |
| Vegetables | |
| Market Size (USD Million) | |
| Domestic Production Overview | |
| Domestic Consumption Overview | |
| Import Value & Volume | |
| Export Value & Volume |
Brazil Agriculture Market Research FAQs
How big is the Brazil Agriculture Market?
The Brazil Agriculture Market size is expected to reach USD 127.47 billion in 2024 and grow at a CAGR of 3.80% to reach USD 153.59 billion by 2029.
What is the current Brazil Agriculture Market size?
In 2024, the Brazil Agriculture Market size is expected to reach USD 127.47 billion.
What years does this Brazil Agriculture Market cover, and what was the market size in 2023?
In 2023, the Brazil Agriculture Market size was estimated at USD 122.80 billion. The report covers the Brazil Agriculture Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Brazil Agriculture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Brazil Agriculture Industry Report
Statistics for the 2024 Brazil Agriculture market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Brazil Agriculture analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Brazil Agriculture Market Report Snapshots
