Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global Hops Market Share, Size, Analysis, Trends, Growth, Forecast: By Product Type: Chinook Hops, Cascade Hops, Amarillo Hops, Centennial Hops, Others; By Application: Alcoholic Beverage, Medicinal Drugs, Cosmetics, Others; Regional Analysis; Market Dynamics; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028

Global Hops Market Outlook

The global hops market size is expected to grow at a CAGR of 4.60% in the forecast period of 2023-2028. This development is propelled by the rapidly rising craft beer demand and increasing utilisation of hops in the food and beverages industry.

 

Global Hops Market Trends

Hops are flowers formed on the Humulus lupulus plant. These cone-shaped green flowers are a part of the Cannabinaceae family and are usually used as a bittering, flavouring, and stability agent in beer. They are also used for herbal medicines.

 

Rising Adoption of Hops for Herbal Medicine

Hops are used for medical applications for providing relief from anxiety, insomnia, improving appetite, and for indigestion, among many other benefits. The increasingly deteriorating lifestyle of people has aided the market development.

 

Elevating Use of Hops in the Food and Beverage Industry

The rapidly developing food and beverage industry and the rising demand for beer have propelled the utilisation of hops in the industry. It is used as a stabilizing and flavour agent for the beer while acting as a preservative.

 

Increasing for Bittering Hops to Provide Lucrative Opportunities to the Market 

Craft breweries make small amounts of beer utilising traditional methods. The developing market for craft beer has surged the demand for bittering hops to replace aromatic varieties.

 

Global Hops Market Analysis

Based on product type, the market can be segmented into chinook hops, cascade hops, amarillo hops, and centennial hops, among others. Based on application, it can be bifurcated into alcoholic drugs, medicinal drugs, and cosmetics, among others. The regional markets can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. 

 

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global hops market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans. 

 

  • Yakima Chief Hops Inc.
  • Hopsteiner Group
  • Kalsec Inc.
  • Sapporo Holdings Limited
  • BarthHaas GmbH & Co. KG
  • Others

 

Product Types of Hops in the Global Market

Based on product types, the market for hops can be divided into chinook hops, cascade hops, amarillo hops, and centennial hops, among others.

 

Among these segments, cascade hops are expected to hold the largest market share. This can be attributed to higher rates of production by the prominent countries engaged in hop production. The United States, one of the largest hobs producing markets, has many institutes that are collaborating to distribute hops medicinal products.

 

Applications of Hops in the Market

Based on application, the market can be segmented into alcoholic beverages, medicinal drugs, and cosmetics, among others. Among these applications, alcoholic beverage holds the largest market share, and the market is expected to grow significantly during the forecast period. The increased use of hops in the production of craft bears and in the food and beverage industry for flavour has further propelled the market growth.

 

Competitive Landscape

Sapporo Holdings Limited is an international company dealing with beers, food and beverages, restaurants, and real estate. The company was founded in 1876 and it is headquartered in Tokyo, Japan. The company is widely known for its alcoholic and non-alcoholic beverages such as beer, wine, brandy, whiskey, soft drinks, juice, coffee, and tea.

 

Hopsteiner Group is one of the world’s largest family-owned hop growing, breeding, processing, and supplier companies. They are focused on delivering a different variety of hops and hop products for brewers and other end-users. They have a wide variety of hops including Akoya, Calypso, Contessa, Lemondrop, Amarillo, and chinook, among many other varieties.

 

Kalsec Inc. is a pioneer company in the production of natural products and solutions. Their products are derived from natural herbs, vegetables, hops, and spices. They increasingly developing innovative products and solutions to meet the increasing demand in the food and beverage industry worldwide. Their products include food preservatives, food colours, spices and herb extracts, and advanced hops products. These products are supplied to different industries such as dairy, beer, beverages, pet food, and baked goods, among other industries.

 

Other market players include Yakima Chief Hops Inc., and Barthas GmbH & Co. KG, among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Application
  • Region
Breakup by Product Type
  • Chinook Hops
  • Cascade Hops
  • Amarillo Hops
  • Centennial Hops
  • Others
Breakup by Application
  • Alcoholic Beverage
  • Medicinal Drugs
  • Cosmetics
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Yakima Chief Hops Inc.
  • Hopsteiner Group
  • Kalsec Inc.
  • Sapporo Holdings Limited
  • BarthHaas GmbH & Co. KG
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Hops Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Hops Historical Market (2018-2022) 
    8.3    Global Hops Market Forecast (2023-2028)
    8.4    Global Hops Market by Product Type
        8.4.1    Chinook Hops
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Cascade Hops
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Amarillo Hops
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
        8.4.4    Centennial Hops
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2018-2022)
            8.4.4.3    Forecast Trend (2023-2028)
        8.4.5    Others
    8.5    Global Hops Market by Application
        8.5.1    Alcoholic Beverage
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Medicinal Drugs
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Cosmetics
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Others
    8.6    Global Hops Market by Region
        8.6.1    North America
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022) 
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Europe
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022) 
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Asia Pacific
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022) 
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Latin America
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022) 
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    Middle East and Africa
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2022) 
            8.6.5.3    Forecast Trend (2023-2028)
9    North America Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Trade Data Analysis (130213)

    16.1    Major Exporting Countries
        16.1.1    By Value
        16.1.2    By Volume
    16.2    Major Importing Countries
        16.2.1    By Value
        16.2.2    By Volume
17    Price Analysis
    17.1    North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    17.2    Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
    17.3    Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
    17.4    Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    17.5    Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Yakima Chief Hops Inc.
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Hopsteiner Group
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Kalsec Inc.
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Sapporo Holdings Limited
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    BarthHaas GmbH & Co. KG
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    Others
19    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Hops Market: Key Industry Highlights, 2017 and 2021
2.    Global Hops Historical Market: Breakup by Product Type (USD Million), 2018-2022
3.    Global Hops Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4.    Global Hops Historical Market: Breakup by Application (USD Million), 2018-2022
5.    Global Hops Market Forecast: Breakup by Application (USD Million), 2023-2028
6.    Global Hops Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Hops Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Hops Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Hops Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Hops Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Hops Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Hops Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Hops Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Hops Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Hops Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Hops Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Hops Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Major Importing Countries by Volume (2021)
19.    Major Exporting Countries by Volume (2021)
20.    Major Importing Countries by Value (2021)
21.    Major Exporting Countries by Value (2021)
22.    North America Historical Price Trends and Forecast 2018-2028
23.    Europe Historical Price Trends and Forecast 2018-2028
24.    Asia Pacific Historical Price Trends and Forecast 2018-2028
25.    Latin America Historical Price Trends and Forecast 2018-2028
26.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
27.    Global Hops Market Structure

Key Questions Answered in the Report

The market is expected to grow at a CAGR of 4.60% during the forecast period of 2023-2028.

The market is driven by the growing craft beer industry, especially in the United States and Germany and the elevating utilisation of hops for medicinal drugs.

The increasing production of hops for craft beers and the rising demand for hops in the food and beverages industry are among the major key trends in the market.

The regional markets for the global hops market include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.

The different types of product in the market includes chinook hops, cascade hops, amarillo hops, and centennial hops, among others.

The applications available in the market include alcoholic drugs, medicinal drugs, and cosmetics, among others.

The key players in the market include Yakima Chief Hops Inc., Hopsteiner Group, Kalsec Inc., Sapporo Holdings Limited, and BarthHaas GmbH & Co. KG, among others.

Purchase Full Report

Mini Report

$ 2199     $1799
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3199     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$ 4199     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5199     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER