Forecast: Energy Consumption in Agriculture in the US

In 2023, the US agriculture sector's energy consumption was a notable part of the total energy consumption. Forecasts from 2024 to 2028 indicate a gradual, albeit modest, increase in its share, from 1.4% to 1.43%. The increase percentage is relatively marginal each year, around 0.71% between 2024 and 2025, remaining stable from 2026 to 2027, and slightly increasing by 0.7% into 2028. The Compound Annual Growth Rate (CAGR) over this forecasted period reflects a steady incline, suggesting stable energy usage in agriculture.

Future trends to watch for:

• Adoption of sustainable energy practices that may alter energy consumption patterns.
• Technological advancements leading to changes in energy efficiency.
• Policy changes impacting energy sourcing and consumption.