The forecast for oilseeds non-food uses in the US from 2024 to 2028 indicates a gradual increase in volume. Starting from 2024 at 168.0 thousand metric tons, and rising to 174.0 thousand metric tons in 2028, the average annual growth rate implies a modest yet consistent upward trend. In 2023, the volume was aligned with the 2024 figure, showing a stable baseline as a jump-off point for future growth. Year-over-year increases hover around 1-1.2%, demonstrating incremental expansion in the market.
Future trends to watch for include potential changes in demand for renewable energy sources and industrial applications of oilseeds, which could further influence market dynamics. Additionally, shifts in agricultural practices or policy adjustments in biofuels could significantly affect market trajectories.
