Market Size of Brazil Lime Industry
| 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 % |
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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, growing 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. 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. Recently, with the growing incomes of the population, the Brazilian per capita consumption of lime has experienced steady growth.
According to FAO, the production of limes in 2018 accounts for 1481 thousand ton, which is more than last year's production. Although Brazil is one of the largest producers of lime/lemon globally, the majority of the produce is meant to be exported to the global market. However, the domestic consumption of lime has increased in the last decade.
