Based on available data, the United States is projected to see a gradual increase in sugar cane seed volume from 1.93 million metric tons in 2024 to 1.99 million metric tons by 2028. In 2023, the actual volume stood at 1.92 million metric tons. Year-on-year variations indicate minor increases: approximately 0.52% from 2024 to 2025, 1.03% from 2025 to 2026, 0.51% from 2026 to 2027, and 1.02% from 2027 to 2028. Over the last two years, the growth has been consistent but modest. The Compound Annual Growth Rate (CAGR) across the five-year forecast period is around 0.77%.
Future trends to watch for:
- Technological advancements in agriculture that could affect yield rates and efficiency.
- Changes in climate and water resource management, which can impact crop growth.
- Shifts in domestic and global demand for sugar and alternative sweeteners.
- Economic and policy changes influencing the agricultural sector.