Reports
Sale
Global Hops Market Size, Share, 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; 2024-2032
Global Hops Market Outlook
The global hops market size is expected to grow at a CAGR of 4.60% in the forecast period of 2024-2032. This development is propelled by the rapidly rising craft beer demand and increasing utilisation of hops in the food and beverages industry.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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 | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Trade Data Analysis |
|
| Competitive Landscape |
|
| Companies Covered |
|
*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 (2018-2023)
8.3 Global Hops Market Forecast (2024-2032)
8.4 Global Hops Market by Product Type
8.4.1 Chinook Hops
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Cascade Hops
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Amarillo Hops
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Centennial Hops
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Hops Market by Application
8.5.1 Alcoholic Beverage
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Medicinal Drugs
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Cosmetics
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Hops Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
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 (2018-2023) and Forecast (2024-2032)
17.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
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), 2018-2023
3. Global Hops Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. Global Hops Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Hops Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Hops Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Hops Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Hops Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Hops Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Hops Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Hops Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Hops Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Hops Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Hops Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Hops Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Hops Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Hops Market Forecast: Breakup by Country (USD Million), 2024-2032
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 2024-2032.
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 Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
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
$ 3299
$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
$ 4399
$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
$ 5499
$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
View A Sample
Did You Miss Anything, Ask Now
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