The sugar cane feed market in Kenya showed significant fluctuations in the past decade. From 2014 to 2023, volumes varied widely, with a peak in 2014 but an overall declining trend. In 2023, the market stood at 277.0 thousand metric tons, marking a -4.15% year-on-year decrease. The Compound Annual Growth Rate (CAGR) over the past five years was -6.42%. Projected data indicates continuous decline through 2028, with an anticipated CAGR of -4.22% and a cumulative growth decrease of -19.39% over the forecasted period.
Future trends to watch for include:
• Impact of technological advancements in agriculture on production efficiencies.
• Fluctuations in global sugar prices affecting domestic feed markets.
• Policy changes and government interventions to stabilize the industry.
• Climate change effects on crop yields and sustainability practices.
