The U.S. soybean meal export is projected to grow steadily from 13.68 million metric tons in 2024 to 14.19 million metric tons in 2028, reflecting consistent annual growth. This forecast suggests a compounded annual growth rate (CAGR) that underscores a stable increase in export volumes. As of 2023, exports stood slightly lower, presenting a positive growth outlook over the next five years.

Year-on-year variations highlight the continued incremental increases, signaling robust demand and favorable market conditions.

Future trends to watch for:

Global demand shifts due to evolving dietary patterns and regional consumption trends.
Impact of trade policies and tariffs on export dynamics.
Technological advancements in agricultural production affecting supply.
Environmental policies influencing production practices and sustainability measures.