Worldwide Hops Derivatives Market Is Projected to Grow at a CAGR over 3.5% During the Period 2018-2023
Market Overview
Hops derivatives are compounds synthesized by chemical processes to produce one or more compound having similar structural property alike humulone, lupulone or adlupulone. Humulones is an important chemical compound synthesized from the alpha acids found in hops. It is mostly used in the beverage (beer) industry. Growing demand for hops derivatives as an appetite enhancer in the pharmaceutical industry and flavor enhancer of beer products in beer industry are driving the hops derivatives market.
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