The US sorghum consumption is projected to rise gradually from 1.5 million metric tons in 2024 to 1.55 million metric tons in 2028, following a consistent upward trend. Compared to the estimated 1.48 million metric tons consumed in 2023, the forecast demonstrates a slow but steady growth.
- Year-on-year variations indicate slight increases, with a steady rise of approximately 0.67% annually over the forecast period.
- The compound annual growth rate (CAGR) for the five-year period from 2023 to 2028 is projected to be around 0.67%.
Future trends to monitor include advancements in biofuel production and dietary preferences, which could influence sorghum demand. Additionally, shifts in agricultural policies and climate conditions may impact production and consumption patterns.
