The per capita consumption of cottonseed oil in the US stands forecasted to slightly decline in the coming years, from 0.32 kilograms in 2024 and 2025 to 0.31 kilograms in 2026 and 2027, eventually reaching 0.3 kilograms by 2028. This reflects a modest decrease compared to 2023, where consumption was higher. The negative percentage year-on-year variation illustrates a gradual decline in usage, consistent over each projected year.
The compound annual growth rate (CAGR) over these five years is indicative of a slow contraction in the market, averaging a slight reduction each year.
Future trends to watch for include potential shifts in consumer preferences towards healthier or alternative oils, environmental concerns affecting supply chains, and economic dynamics influencing dietary habits. Monitoring innovations in agribusiness and regulatory environments will be crucial for anticipating further market changes.
