In 2023, the import value of albuminoids, modified starches, glues, and enzymes into the US stood at 3.000 billion USD. This data predicts a steady year-on-year growth from 2024 to 2028, with values increasing to 3.2377 billion USD by 2028. The compound annual growth rate (CAGR) over this period is expected to be around 1.5%, reflecting a consistent upward trajectory.
Future trends to watch for include:
- Technological advancements that might influence demand for specialized enzymes and modified starches.
- Global trade policies and their impact on supply chains and import costs.
- Shifts in US domestic production capabilities that could affect import dependency.