Market Size of Brazil Fruits and Vegetables Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 25.80 Billion |
| Market Size (2029) | USD 33.64 Billion |
| CAGR (2024 - 2029) | 5.45 % |
| Market Concentration | Medium |
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Brazil Fruits and Vegetables Market Analysis
The Brazil Fruits and Vegetables Market size is estimated at USD 25.80 billion in 2024, and is expected to reach USD 33.64 billion by 2029, growing at a CAGR of 5.45% during the forecast period (2024-2029).
The COVID-19 pandemic has had little effect on fruit and vegetable production throughout the country. Producers have taken a number of precautions and safety measures in the field and warehouses, such as distance restrictions between workers during harvesting and transportation.
Key factors in the growth of the fruits and vegetable market in Brazil are technological advancements, swelling population levels, strong economic growth, good availability of fruits and vegetable products, and expanding local production.
Some of the major fruits and vegetables produced are oranges, bananas, tomatoes, watermelons, and onions, among others. Bananas and oranges together make up around 49.3% of the gross fruits and vegetable production in Brazil, while tomatoes contribute to about 47% of the vegetables.
Moreover, to meet the export and consumer demand for fruits and vegetables, the government is planning to invest more in the agricultural sector by implementing emerging technologies.
