The sales value of Cottonseed Cake, Meal, and Hulls in the US has been on a steady decline from 2013 to present. In 2023, the value stood at 145.26 million US Dollars. The year-on-year percentage variations highlight a consistent downward trend: -8.83% in 2022 and -9.49% in 2023. Over the last five years, the compounded annual growth rate (CAGR) was -8.35%. Forecasts predict further declines, with the sales value expected to drop to 65.68 million US Dollars by 2028, indicating a forecasted five-year CAGR of -12.57% and an overall decrease of 48.9%.
Future trends to watch for include changes in agricultural practices, shifts in animal feed preferences, potential technological advancements in by-products utilization, and macroeconomic factors influencing the crop and livestock industries. These might either mitigate or exacerbate the declining sales trajectory.
