The forecasted gross production value of sugar cane in the US demonstrates a gradual upward trend from 1.3972 billion USD in 2024 to 1.431 billion USD in 2028, reflecting steady year-on-year increases. Based on variations, there are slight upticks of approximately 0.62% to 0.65% each year. The compound annual growth rate (CAGR) over this five-year period is around 0.60%, indicating a modest yet consistent growth pattern. Prior to the forecasted period, the gross production value in 2023 stood below the projected 2024 value, anchoring the growth trend's baseline.
Future trends to watch for include potential impacts of climate change on crop yields, advancements in agricultural technologies, shifts in domestic and global demand for sugar cane and related products, as well as changes in trade policies that might influence the US sugar cane market.
