The forecast for cottonseed oil non-food uses in China shows a consistent downward trend from 2024 to 2028. In 2023, the actual usage was higher than the projected 323.0 thousand metric tons for 2024. The year-on-year decline is noticeable, with decreases of approximately 7.7% from 2024 to 2025, 8.1% from 2025 to 2026, 8.4% from 2026 to 2027, and 9.2% from 2027 to 2028. The compound annual growth rate (CAGR) reveals an average annual decrease in usage.
Future trends to watch for include:
- Climate change impacts on cottonseeds and oil yield.
- Technological advancements in alternative use cases for cottonseed oil.
- Regulatory changes affecting non-food usage industries.
- Market shifts toward more sustainable or economically viable alternatives.
