The forecast for the import of starch, sugar, brewing, and distilling industry residues to the US shows a consistent upward trend from 2024 to 2028, with the value increasing from $161.14 million in 2024 to $177.27 million by 2028. The year-on-year growth rate averages above 2% during this period. This consistent growth is reflective of a compound annual growth rate (CAGR) of approximately 2.4% over the five years.
Future trends to watch for include:
- Changes in trade policies and tariff impacts that may influence import costs.
- Technological and process innovations in the domestic market reducing reliance on imports.
- Shifts in industry dynamics with alternative materials or substitutions affecting demand.