Brazil: Food Processing Ingredients

  |   Attaché Report (GAIN)   |   BR2021-0011

Brazil continues to present opportunities for U.S. exporters of ingredients, with its food processing industry market estimated in 2020 at $152 billion, an increase of 12.7 percent compared to the previous year. High-performance ingredients that add value to products will continue to show good market potential in the country. Although Brazil's economic situation was heavily affected by the COVID-19 social distance measures, the country's food industry kept its resilience and is expected to grow in 2021.

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