Forecast: Maize Oil Processing in the US

The forecast for maize oil processing in the US from 2024 to 2028 presents a steady growth in production, starting from 190,000 metric tons in 2024 to 211,000 metric tons in 2028. This indicates an average annual growth rate of 2.09% over the forecast period. In 2023, the actual production stood at 185,000 metric tons, showing a consistent upward trajectory in the industry.

Future trends to watch for:

  • Increasing consumer demand for plant-based oils driven by health and environmental considerations.
  • Potential regulatory changes affecting production standards or supply chain processes.
  • Technological advancements in extraction and processing that could increase efficiency.

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