The forecasted supply of sorghum protein per capita in the US remains consistent at 0.17 grams per day from 2024 to 2028. This stability suggests a flat growth rate with no year-on-year variation over the next five years. The compound annual growth rate (CAGR) over these years is 0%, indicating no anticipated increase or decrease in supply quantity. In 2023, the value stood similarly at 0.17 grams, reflecting no change as we move into the forecasted period.
Future trends to watch for:
- Shifts in consumer demand towards alternative proteins, potentially impacting the balance between different protein sources.
- Agricultural policy changes or innovation in sorghum cultivation affecting supply levels.
- Environmental and economic factors that could lead to adjustments in production quantities.