Brazil Lime Market
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 1.72 Billion |
| Market Size (2029) | USD 2.05 Billion |
| CAGR (2024 - 2029) | 3.60 % |
Brazil Lime Market Analysis
The Brazil Lime Market size is estimated at USD 1.72 billion in 2024, and is expected to reach USD 2.05 billion by 2029, at a CAGR of 3.60% during the forecast period (2024-2029).
Lime (citrus) fruit is an excellent source of vitamin C. The health benefits of these fruits also rest in their fiber and phytochemicals. The Brazilian lime market is particularly dominated by the Tahiti lime variety. Brazil has evolved into an important supplier of lime in the South American region. With a remarkably good harvest year-on-year, Brazil holds the position of one of the major suppliers of limes. Around one-third of the total lime and lemon production is meant to serve the domestic market in Brazil. The per capita consumption of lime in the country has shown consistent growth in recent years, correlating with increasing population incomes. According to the USDA, the per capita consumption reached 6.8 kg in 2023.
Production capabilities and agricultural conditions have played a crucial role in Brazil's lime market performance. In 2023, the country's lime production reached approximately 1.6 million metric tons, with the state of São Paulo accounting for the majority of the total production according to USDA. The favorable climate conditions in key growing regions, combined with advanced agricultural practices, have supported consistent yield improvements.
In 2023, the country exported USD 174.1 million value of lime, with major destinations including the Netherlands, United Kingdom and Spain according to ITC Trade Map. Export values showed strong performance, with average prices reaching USD 1,100 per metric tons for premium quality limes during peak seasons. However, increased competition from Mexico in the North American market and stricter phytosanitary requirements from European importers necessitated continued investments in quality control and certification processes.
The processing industry has emerged as an increasingly important market segment, with growth in lime-derived products. In 2023, approximately 10% of Brazil's lime production was directed towards processing, primarily for juice concentrate, essential oils, and pectin production according to USDA. This diversification has effectively helped stabilize market prices and provide valuable alternative revenue streams for producers, thereby further driving the market growth in the country.
Brazil Lime Market Trends
Increase in Production of Lime
Brazil's lime production has transitioned from traditional farming methods to becoming a global agricultural leader. The country's lime cultivation, particularly the Tahiti variety, has progressed from small-scale operations to industrialized production. Currently, the planted area of the Tahiti variety exceeds 50,000 hectares according to USDA. This shift has been characterized by the progressive implementation of modern agricultural techniques, incorporating advanced technology and management systems.
The country's varied climate zones, especially in the southeastern and northeastern regions, offer optimal conditions for lime cultivation. Sao Paulo state, which accounts for approximately 70% of Brazil's lime production, benefits from annual rainfall of 1,200-1,500mm and temperatures between 18-30°C, creating ideal growing conditions. These favorable factors, combined with irrigation systems in key production areas enable year-round production, with peak harvests from January to April. The soil composition in major growing regions is particularly suitable for citrus cultivation, contributing to higher yields of 28-30 metric tons per hectare in well-managed orchards.
Government support and institutional frameworks have played a crucial role in developing Brazil's lime production sector. The implementation of agricultural credit programs, has facilitated infrastructure development and technology adoption. Research support through institutions like Brazilian Agricultural Research Corporation (EMBRAPA) and state agricultural universities has led to the development of improved varieties such as Ponta Firme. Domestic lime consumption has also increased significantly over the past decade. This presents an opportunity to expand production to meet global export demand, as Brazilian limes are considered juicier and better-tasting compared to those from other major producing countries like Spain and Mexico. Consequently, Brazil maintains a strong competitive advantage in the global market.
Expansion of Lime-Based Beverages and Ingredients Market
Lime is a versatile ingredient widely used in beverages and culinary applications, valued for its flavor and health benefits. The increasing consumer demand for natural and health-oriented beverages has positioned lime as a key ingredient in both domestic and international markets. Lime-based drinks, including flavored waters, juices, and cocktails, are gaining popularity in Brazil due to their refreshing taste and high vitamin C content, addressing the growing health consciousness among consumers. This trend is driving demand for both fresh and processed limes, including juice concentrates and extracts. Additionally, Brazil's food processing industry is incorporating lime as a flavor enhancer and preservative, further increasing its use in sauces, dressings, and various culinary products.
Brazil's lime-based beverage industry has established strong international distribution networks. Brazilian manufacturers have shown significant adaptability to changing consumer preferences. The development of region-specific product formulations, such as less sweet variants for European markets, has expanded their market reach. The introduction of premium, small-batch production lines for craft cocktail ingredients has captured high-value market segments, driving export revenue in 2023.
The growing global demand for lime, particularly for processing, has highlighted Brazil as a key supplier. International markets, especially in Europe and North America, are increasingly sourcing limes from Brazil due to its reputation for high-quality citrus fruits and large-scale production. For instance, Brazil's lime export volume increased by 14.9% between 2021 and 2023, reaching 166.6 thousand metric tons according to ITC Trade Map. This focus is driven by Brazil's capacity to meet both volume and quality requirements, making it an attractive source for countries importing limes for processing into various products such as juices, oils, concentrates, and flavoring agents.
Brazil Lime Market News
- June 2023: The Brazilian Agriculture Research Corporation, the Coopercitrus Credicitrus Foundation, and the Sylvio Moreira Citriculture Center have jointly introduced a new Tahiti lime variety called Ponta Firme for the central, north, and northwest regions of the state of São Paulo. The productivity of the new variety has reached an average of 80 tons per hectare, 242% higher than the average for the state of São Paulo.
- January 2023: The Brazilian government announced a new industrial policy called "New Industry Brazil," set to run until 2033. This initiative includes equity investments of USD 802.9 million. The policy aims to stimulate productive and agricultural machinery development, enhance technological advancement, and increase overall competitiveness. Additionally, it places innovation and sustainability at the core of economic development, promoting research and technology in the agriculture sector.
Brazil Lime Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Global Demand for Fresh and Processed Lime Products
4.2.2 Favorable Climate and Agricultural Conditions
4.2.3 Expansion of Food and Beverage Industry
4.3 Market Restraints
4.3.1 High Production and Transportation Costs
4.3.2 Competition from Other Lime Producing Countries
4.4 Value Chain Analysis
4.5 PESTLE Analysis
5. Geography
5.1 Brazil
5.1.1 Production Analysis
5.1.2 Consumption Analysis and Market Value
5.1.3 Import Analysis by Volume and Value
5.1.4 Export Analysis by Volume and Value
5.1.5 Price Trend Analysis
6. MARKET OPPORTUNITIES AND FUTURE TRENDS
Brazil Lime Industry Segmentation
Lime is a small, green or yellow citrus fruit, known for its tart and acidic flavor. It is typically round or oval in shape and belongs to the Citrus genus, which also includes lemons and oranges. Limes are rich in vitamin C and are commonly used in cooking, beverages, and for their juice. The report analyzes key parameters of the lime market, focusing on commercial lime fruit as a commodity and highlighting significant developments in this niche market. The report includes production analysis (volume), consumption analysis (value and volume), export analysis (value and volume), import analysis (value and volume), and price trend analysis. The report offers market estimation and forecast in value (USD) and volume (Metric tons) for the above-mentioned segments.
Brazil Lime Market Research Faqs
How big is the Brazil Lime Market?
The Brazil Lime Market size is expected to reach USD 1.72 billion in 2024 and grow at a CAGR of 3.60% to reach USD 2.05 billion by 2029.
What is the current Brazil Lime Market size?
In 2024, the Brazil Lime Market size is expected to reach USD 1.72 billion.
What years does this Brazil Lime Market cover, and what was the market size in 2023?
In 2023, the Brazil Lime Market size was estimated at USD 1.66 billion. The report covers the Brazil Lime Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Brazil Lime Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Brazil Lime Industry Report
Statistics for the 2024 Brazilian Limes market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Brazilian Limes analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Brazil Lime Market Report Snapshots
