The forecast for safflower seed production in the US indicates a steady decline from 85.79 thousand metric tons in 2024 to 81.25 thousand metric tons by 2028. The production in 2023 stood at 86.88 thousand metric tons, marking a year-on-year decrease of 1.26% from 2023 to 2024. The projected average annual decrease (CAGR) over the upcoming five years is approximately 1.07%, highlighting a consistent downward trend.
Future trends to watch for:
- Impact of climate change on agricultural yields.
- Developments in crop management and seed technology.
- Market demand fluctuations driving changes in safflower cultivation.