In 2024, the forecast for Palm Kernel Oil distribution in the US is 408.0 thousand metric tons. This marks an increase from the 2023 actual figure, indicative of a continuing upward trajectory. By 2028, the distribution is projected to reach 429.0 thousand metric tons. Year-on-year growth from 2024 to 2028 maintains a steady rate of approximately 1.2%, showcasing stable market demand. Over this five-year forecast period, the Compound Annual Growth Rate (CAGR) sits at a similar 1.2%, underscoring consistent growth dynamics.

Future trends to watch include:

Fluctuations in demand driven by consumer preferences for sustainable and ethically sourced products.
Regulatory changes impacting the sourcing and importation of palm kernel oil.
Technological advancements in alternative oils that could affect palm kernel oil's market share.