As of 2023, actual data reveals Cottonseed Meal Domestic Industrial Consumption in China stood at approximately 136.0 thousand metric tons. Forecasted figures from 2024 to 2028 demonstrate a consistent decline. Year-on-year decreases showcase a noticeable downtrend: 2024 to 2025 sees an 8.8% reduction, 2025 to 2026 shows a 9.6% drop, 2026 to 2027 highlights a 9.7% fall, and 2027 to 2028 reveals an 11.8% plunge. Over this five-year period from 2024 to 2028, the CAGR indicates an average annual decrease of approximately 9.5% in domestic consumption of cottonseed meal.
Future trends to watch:
- China’s shift towards alternative protein sources might further impact cottonseed meal demand.
- Rising sustainability concerns and environmental regulations may influence future industrial applications.
- Innovations in animal feed technology could affect consumption patterns in the agricultural sector.
