As of 2023, hops production in the UK was slightly above 950 metric tons. The forecast indicates a steady decline in production from 2024 through 2028. Year-on-year, the projected decrease is approximately 4.2%, reflecting persistent downward trends. Over the five-year period, a compound annual growth rate (CAGR) of -4.52% is expected, suggesting a continued reduction in hops production volume.
Future trends to watch for include:
- Impact of climate change on hops cultivation.
- Evolution of market demand for craft beers.
- Potential advancements in agricultural technology to increase yield efficiency.
- Changes in government agricultural policies or subsidies.
