Forecast: Palm Kernel Oil Non-food Uses in the US

The forecast for palm kernel oil non-food uses in the US shows a gradual increase from 360.0 thousand metric tons in 2024 to 385.0 thousand metric tons in 2028. In comparison to 2023, which stood at 354.0 thousand metric tons, there is a consistent year-on-year growth of 1.67% from 2024 to 2025, and an increasing trend continues with the same annual growth rate through 2028. Over the five-year period from 2023 to 2028, the compound annual growth rate (CAGR) is expected to be approximately 1.67%.

Future trends to watch for:

  • Increased adoption of sustainable and renewable resources could drive higher demand for palm kernel oil in non-food applications.
  • Regulatory changes related to environmental concerns might impact production and consumption patterns.
  • Technological advancements could lead to new applications and increased usage in industrial sectors.

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