In 2023, the supply of soybean oil calories per capita in the US stood at 547.61 kilocalories per day. From 2024 to 2028, the forecasted data demonstrates a gradual upward trend: 548.78 in 2024, increasing year by year to 553.38 in 2028. Year-on-year percentage variations indicate a consistent, albeit slight, growth with an average annual increase over the five-year period reflected by the Compound Annual Growth Rate (CAGR).
Future trends to monitor include the impact of agricultural policy changes, shifts in consumer preferences towards healthier oil options, and potential advancements in soybean cultivation techniques. These factors could significantly influence the soybean oil supply dynamics.
