The import of frozen bovine edible offal to the US is forecasted to steadily increase from $194.24 million in 2024 to $216.07 million in 2028, marking a gradual upward trend. Assuming a baseline value from 2023, this reflects a consistent growth trajectory over the five-year period. Each year sees a modest growth rate, averaging a compound annual growth rate (CAGR) of approximately 2.7%. This depicts a stable demand for this product category within the US market.
Future trends to watch include:
- Potential impacts of changing trade policies and tariffs which could alter import patterns.
- Shifts in consumer preferences towards alternative protein sources which may affect demand.
- Economic fluctuations influencing purchasing power and import volumes.
- Technological advancements in supply chain and preservation methods affecting import efficiency and quality.