Key regions: Germany, Brazil, Spain, Italy, United Kingdom
Brazil is a country that is known for its diverse and vibrant culture, beautiful landscapes, and delicious cuisine. One of the key components of Brazilian cuisine is vegetables, which are used in a variety of dishes and are an important part of the local diet.
Customer preferences: Brazilian consumers are increasingly interested in healthy eating and are incorporating more vegetables into their diets. They are looking for fresh, high-quality produce that is locally sourced and affordable. Additionally, there is a growing interest in organic and sustainable farming practices, which is driving demand for organic vegetables.
Trends in the market: The vegetable market in Brazil is growing steadily as more consumers become health-conscious and demand for fresh produce increases. One of the key trends in the market is the rise of urban agriculture, as more people are growing their own vegetables in urban areas. This trend is being driven by a desire for locally sourced produce, as well as concerns about the environmental impact of traditional farming methods.
Local special circumstances: Brazil is a large country with diverse regional cuisines, which means that different types of vegetables are popular in different parts of the country. For example, in the Northeast region, root vegetables like cassava and yams are popular, while in the South, leafy greens like kale and collard greens are common. Additionally, the country's tropical climate allows for year-round vegetable production, which is a major advantage for local farmers.
Underlying macroeconomic factors: The Brazilian economy has been experiencing some challenges in recent years, including high inflation and political instability. However, the vegetable market has remained relatively stable, as demand for fresh produce continues to grow. Additionally, the government has implemented policies to support small-scale farmers, which has helped to boost the local vegetable industry. Overall, the vegetable market in Brazil is expected to continue to grow in the coming years, driven by increasing consumer demand and a focus on sustainable farming practices.
Data coverage:
The data encompasses B2B. Figures are based on the value of gross production in the agriculture market, which values of production are calculated by multiplying gross production by output prices at the farm gate.Modeling approach:
Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market. As a basis for evaluating markets, we use resources from the Statista platform as well as annual financial reports of the market-leading companies and industry associations, third-party studies and reports, national statistical offices, international institutions, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting agriculture products due to the non-linear growth of this market, especially because of the direct impact of climate change on the market.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.
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