Market Size of Agriculture in Brazil
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 |
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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.