In 2023, maize oil production in the US stood at 1.946 million metric tons. From 2024 to 2028, production is forecasted to rise steadily, reaching 2.1839 million metric tons. The year-on-year growth rates reflect a consistent upward trend, ranging from approximately 2.5% to 2.6% annually. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 2.4%.
Future trends to watch for include:
- Adoption of sustainable agricultural practices impacting yield efficiency.
- Fluctuations in global demand influencing production incentives.
- Policy changes and their effect on domestic maize oil production.
