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There are growing prospects for entrepreneurship in Brazil due to social security and tax reforms. With that, there’s increasing hope for the country’s economic sectors to thrive once again.
The Brazilian food industry is expected to witness a 2.5 - 3% increase in physical production (volume), a 3 - 4% increase in actual sales, and nearly US$ 40 billion in exports. As a result, job availability is also expected to increase between 2 - 3%.
Source: ABIA - Brazilian Food Industry Association
Health continues to be a key market driver across the region and the rest of the world, but which specific ingredient markets show the most potential for growth in South America, and what are some of the top food and beverage trends in the region?
South America offers attractive opportunities for food ingredient suppliers, with its increasingly affluent and informed consumer base of 430 million people driving the demand for healthier and more natural food products.
Discover of the key trends, opportunities and challenges that await you in South America!