Global Hops Market Research Report 2022

Hops are flowers of plant Humulus lupulus and is also known as seed cones. Hops are one of the major ingredient used in the beer brewing process along with grain, yeast and water. Hops are mostly found in countries of the North Temperate Zone. The hop plant is an herbaceous plant usually grown in a field called as hop field, hop garden or hop yard for commercial use.
Due to the COVID-19 pandemic, the global Hops market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Hops market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Hops landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The plant part used in the brewing process is hop flower that is filled with perishable resins used for producing beer. Hops contains an essential oil with a bitter taste and acts as a preservative in beverages such as beer. Hops are primarily used as a flavoring and stabilizing agent in alcoholic beverages and also used for various applications in other beverages and medicinal drugs. Hops are extensively used in brewing industries worldwide, due to its antibacterial effect which favors yeast activity in brewing process over low desirable microorganisms along with balancing sweetness of malt with variety of desired flavors and aromas. Hops are used in various applications such as tea, infusions, tinctures, sleep pills, cosmetic formulations and medicinal drugs.
This report focuses on Hops volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Hops market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Hops Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Bittering Hops
Aroma Hops
Dual-Purpose Hops
Segment by Application
Beer
Pharmaceuticals
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Barth-Haas Group
YCH HOPS
Hopsteiner
Midwest Hop Producers
Buck Creek Hops Farm
Hop Products Australia
GLACIER HOPS RANCH
Crosby Hop Farm，LLC
Empire Hop Farms
Gorst Valley Hops

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