Hops Market Size, Share, Industry, Forecast and outlook (2023-2030)

Published: 2024 January 22
SKU : AG3533
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FAQ’s
What is the expected growth rate of the hops market?
The hops market is projected to grow at a CAGR of 6.8% from 2023 to 2030, reaching a value of $13.3 billion by 2030.
What is driving the growth of the hops market?
The growth of the hops market is primarily driven by the increasing popularity of craft beer, which often uses hops for bittering and flavoring. Additionally, the growing demand for natural and organic ingredients is also contributing to the market's expansion.
Which region is expected to be the fastest-growing in the hops market?
Europe is expected to be the fastest-growing region in the hops market, driven by the increasing popularity of craft beer and the growing demand for premium hops.
Who are the major players in the hops market?
Some of the major players in the global hops market include Roy Farms Inc., Barth-Haas Group, Hops Direct, LLC., HOP HEAD FARMS, Clayton Hops NZ, Charles Faram, NZ Hops Ltd, Crosby Hop Farm, LLC, Yakima Valley Hops, and Hopsteiner.
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