The forecast for the import of residues of starch manufacture and similar residues to the US shows a consistent upward trend from 2024 to 2028. Starting from an estimated $94.766 million in 2024, imports are expected to increase to $109.06 million by 2028. This represents an annual compound growth rate (CAGR) of approximately 3.50% for the period. The increase from 2024 to 2025 is expected to be about 3.88%, and the forecast suggests continuous growth through 2028.
Future trends to watch for include:
- Potential fluctuations in global demand for starch residues, influenced by changes in dietary preferences and the adoption of eco-friendly practices.
- Impacts of trade policies and tariffs on the cost and availability of imports.
- Technological advancements in starch production that may alter the supply dynamics.
- Environmental regulations affecting residue disposal and recycling practices.