Forecast: Import of Hop Extract to France

In 2023, the import value of hop extract to France stood at approximately 13 million USD. The forecast data reveals a consistent growth pattern, with values increasing steadily each year from 2024 to 2028. Year-on-year variations indicate an average growth of around 2.3%, reflecting a positive trend in the demand for hop extract.

Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is forecasted to be approximately 2.1%. This suggests a stable long-term increase in imports.

Future trends to watch for include:

  • The impact of changing consumer preferences on hop extract demand.
  • Potential shifts in global hop production affecting supply chains.
  • Economic factors influencing import rates and pricing dynamics in the French market.

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