In 2023, the use of palm oil for non-food purposes in the US was at 1.57 million metric tons. The forecast shows a steady increase over the next few years, with values predicted to reach 1.69 million metric tons by 2028. This represents a continuous year-on-year growth, with an average annual growth rate (CAGR) of approximately 1.5% over the five-year period from 2024 to 2028.

Future trends to watch for include:

Potential regulatory changes impacting the use of palm oil due to environmental concerns.
The impact of sustainable sourcing efforts and consumer awareness on palm oil demand.
Technological advancements that might influence palm oil usage or substitution in non-food industries.