In 2023, Germany's hops production stood at an estimated 50,000 metric tons. Starting from this base, the forecast for 2024 is 52,040 metric tons, marking an increase of approximately 4.1% year-on-year. By 2028, production is expected to reach 56,960 metric tons. The projected Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 2.3%, reflecting steady growth in the hops sector.
Key future trends to watch for include:
- Increasing demand for craft beer potentially driving hops consumption.
- Technological advancements in agriculture improving yield efficiency.
- Environmental impacts and regulatory changes affecting production methods.
