Brazil Food Technology Market Size & Outlook, 2023-2030

The food technology market in Brazil is expected to reach a projected revenue of US$ 11,700.3 million by 2030. A compound annual growth rate of 10.9% is expected of Brazil food technology market from 2024 to 2030.
Revenue, 2023 (US$M)
$5,681.8
Forecast, 2030 (US$M)
$11,700.3
CAGR, 2024 - 2030
10.9%
Report Coverage
Brazil

Brazil food technology market highlights

  • The Brazil food technology market generated a revenue of USD 5,681.8 million in 2023 and is expected to reach USD 11,700.3 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 10.9% from 2024 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2023.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.


Food technology market data book summary

Market revenue in 2023USD 5,681.8 million
Market revenue in 2030USD 11,700.3 million
Growth rate10.9% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services
Key market players worldwideDelivery Hero SE ADR, HelloFresh SE Bearer Shares, Swiggy, Flytrex, Miso Robotics, Carlisle Companies Inc, Lunchbox Technologies, Lex Nimble Solutions, Trax, Cubiq Foods


Other key industry trends

  • In terms of revenue, Brazil accounted for 3.1% of the global food technology market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil food technology market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 11,700.3 million by 2030.

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Food Technology Market Scope

Food technology market segmentation & scope
Hardware
Software
Services
Food Science
Kitchen & Restaurant Tech
Delivery
Supply Chain
Others
Fish, Meat, and Seafood
Fruits and Vegetables
Grain and Oil
Dairy Products
Beverages
Bakery and Confectionary
Others

Food Technology Market Companies

Name Profile # Employees HQ Website

Brazil food technology market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to food technology market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 41.02% in 2023. Horizon Databook has segmented the Brazil food technology market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Brazil food technology market databook

  • Our clientele includes a mix of food technology market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Brazil food technology market , including forecasts for subscribers. This country databook contains high-level insights into Brazil food technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil food technology market size, by component, 2018-2030 (US$M)

Brazil Food Technology Market Outlook Share, 2023 & 2030 (US$M)

Brazil food technology market size, by component, 2018-2030 (US$M)

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