Agriculture is one of the most significant economic sectors in Brazil country. Country is effectively self-sufficient in basic foodstuffs. It’s most significant agriculture products in this sphere are wheat, rice, corn, coffee, soybeans, sugarcane, cocoa, citrus and beef. Its most significant exports are beef, sugar cane, coffee, soybeans, ethanol and frozen chickens. These agriculture products are grown primarily in the South & Southeast area. The key crops having large market size & growth prospects consist of cereal crops including millet, rice, maize, and sorghum, along with fruits & vegetables crops including onions, pineapple, tomato, and mangoes. Sugar cane is one of the major agricultural crops of the country. Brazil is one of the major vegetable producing countries globally. Increasing population levels, technological advancements, and good availability of vegetable products, strong economic growth, growing local production, and high arable land is increasing the Brazilian vegetable market’s growth.
As per study, “Brazil Agriculture Market Trends, Statistics, Growth, and Forecasts” Some developed agricultural technologies are applicable to all crops for instance fertilization practices and no-tillage systems. Tailoring technologies to take into account domestic variation, individual farms, and relative prices are required. Other technologies include crop–specific like new crop varieties, or strategies to control diseases, weeds and pests. Sustainable agriculture is seen as a package of technologies, some of which fit some crops and others which are specific to particular crops.
The Brazil agriculture market is driven by growth in adoption of modern health-conscious diets that include vegetables, augmenting the demand as well as the production of vegetables. Onions, cucumber, peas, capsicum, garlic, mustard, tomatoes, and carrots are some of the major vegetables grown in Brazil. Moreover, organic vegetables that are free from residue are also grown in the country. However, Brazil agriculture sector presents various problems including deforestation happens to make the room for agricultural areas. This causes greenhouse gas emissions as well as hugely reduces the amount of oxygen available to the globe. It also reduces the natural habitat of various species of plants & animals, having overwhelming effects on their numbers. Furthermore, higher adoption of genetically modified crops (GM crops) and high yielding variety seeds are key trends for market.
Brazil country is second-largest producer of soybeans. These beans & their derivatives are used widely all over the world. In addition, country is the worldwide leader in the production of sugarcane. Increase in production of molasses & raw sugar is a major driven factor for sugarcane market.
Globally, Brazil is most important for food security and environmental sustainability. It has one of the major biodiversity reserves in the world, and a huge number of farmers with strong consumer capability. Moreover, it provides fundamental environmental services to the globe and has a wide availability of land and water. In Brazil, three main determinants of agricultural productive capacity include technology generation & dissemination, human capital and adequacy of natural resources & weather conditions.
It is projected that Brazil agriculture market will be reached at rapid pace due to growth in technological advances and scientific efforts during the forecast period. The necessitate for science-based technologies, particular the changing environment in response to climate change and to the developing socioeconomic context, means that capacity building & strengthening in country’s agriculture will be of vital importance in the coming decade.
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Ankur Gupta, Head Marketing & Communications