The Canadian cottonseed non-food use market stood at 10.0 thousand metric tons in 2023, reflecting an 11.11% year-on-year increase. Historically, the market showed significant volatility: a 20% decline in 2016, followed by a 75% rise in 2017 and a 28.57% increase in 2018. The market then stabilized at 9.0 thousand metric tons from 2019 through 2022, before increasing again in 2023. The 5-year CAGR up to 2023 was 2.13%.

Future trends to watch for:

Steady growth projected, with volumes expected to reach 11.0 thousand metric tons by 2028, driven by a forecasted 5-year CAGR of 1.92%.
Potential impacts of regulatory changes and technological advancements in non-food uses for cottonseed could alter this growth trajectory.
Sustainable and eco-friendly processing innovations may further stimulate demand in this sector.