The forecast for U.S. sugar production at farm gate suggests a gradual increase from 2.62 billion euros in 2024 to 2.69 billion euros by 2028, projecting an average annual growth rate (CAGR) of approximately 0.53%. In 2023, sugar production stood at actual figures not included in the current dataset; however, the incremental rise indicates stable growth. Year-on-year forecasts present minor annual increases, reflecting steady demand and production efficiency.
Future trends to watch:
- Technological advancements in farming and production techniques.
- Impact of climate change on sugar crop yields.
- Trade policies affecting sugar import and export dynamics.
- Shifts in consumer preferences towards sugar alternatives.
