Developments in the world market continue to have a high demand. On the one hand, consumption of mainstream beers in major beer nations such as China, the USA, Brazil and Russia is declining or stagnating, while on the other hand the craft segment with its high hopping rates continues to grow worldwide.
The global hop market as a whole is increasingly being influenced by the development of the world craft beer industry and its thousands brewers. Since 2012, the cultivation area in the North Americas hop-growing regions of Washington, Oregon and Idaho has grown by almost 60%, accompanied by a
massive selection of hop varieties.
About Fraser Valley Hop Farms
Fraser Valley Hop Farms is on track to be the largest producer of hop varieties in Canada. The Company will distribute premium-quality hops in North America and world wide. This premium product as well as premium product produced under exclusive arrangements with other local BC hop farms is grown in sophisticated, highly efficient and intensive agricultural landscape located in Agassiz, British Columbia. The hop varieties are marketed and distributed to breweries and craft breweries. The Company also plants production of their own state of the art processing facility in the spring of 2019.