Worldwide Hops Market (2020 to 2025) – Craft Beer Elevating the Demand for Bittering Hops – ResearchAndMarkets.com
ResearchAndMarkets.com’s offering. The Global Hops market is estimated to grow at a CAGR of 4.5%, during the forecast period (2020 – 2025). A transitional shift in the demand for bittering hops from aroma varieties and a positive trajectory in the growth of craft breweries across the world are driving the global hops market. According to a study by Barth-Haas, in Germany, the demand for bittering varieties, such as Polaris and Herkules, grew by almost 30% and 8.8%, respectively, in 2017. The United States, one of the largest hop consuming markets, registered a growth of 8.9% during 2018-2...
Source: financialbuzz.com