The market is dominated by domestic suppliers, as imports account for 4.2% of total market size in 2023. Households drive market demand, with household spending representing 61.5% of total demand in 2023. Brazil has the largest market size for coffee, tea, spices and ready meals regionally, with demand reaching USD28.6 billion in 2023. Cia Cacique de Café Solúvel SA is the largest company in Brazil, generating 3.0% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 10.3% of total production value in 2023. The total number of companies increases in 2023, to 98,451 units. The costs of the industry increase by 3.9% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 9.0% of production value in 2023, the 13th highest regionally. The industry’s exports share decreases in 2023 to 5.6% of total production output. With production value of USD17.4 billion, Brazil accounts for 29.4% of the Latin America total in 2023.
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This Euromonitor industrial report provides unique information on Coffee, Tea, Spices and Ready Meals in Brazil: ISIC 1549. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Coffee, Tea, Spices and Ready Meals in Brazil: ISIC 1549 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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