Technavio has been monitoring the global hops market since 2019 and the market is poised to grow by USD 231.9 million during 2020-2024, progressing at a CAGR of more than 4% during the forecast period.

The market is driven by the increasing applications of hops in pharmaceuticals and processed food industries. In addition, the increasing emphasis on dual-purpose hops is anticipated to boost the growth of the ... Read more