Hops Extract Market, By Product Type (CO2 Extract, Isomerized Extract, and Oil Extract), By Nature (Organic and Conventional), and, By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI90919 | Publish Date: March 2024 | No. of Pages: 180

Global Hops Extract Market By Overview

Introduction

Hops Extract Market was valued at US$ 1629.7 Million in 2024 and is projected to grow at a CAGR of 6.40% to reach US$ 2868 Million by 2034.

Hops extract is derived from the flowers of the hop plant (Humulus lupulus) and is widely known for its use in brewing beer. Hops Extract Market is influenced by factors such as the growing demand for craft beers, increased consumer interest in natural ingredients, and the exploration of hops' bioactive compounds for health and wellness applications.

Dividing this target market into segments:

Hops Extract Market is segmented based on Type, Application and Region.

Product Type Insight

On the basis of Product Type, the target market is segmented into CO2 Extract, Isomerized Extract, and Oil Extract.

Nature Insight

On the basis of Nature, the target market is segmented into Organic and Conventional.

Global Hops Extract Market By Dynamics

Drivers

Restrains

Craft Beer Boom

Dependency on Brewing Industry

Anti-Inflammatory and Antioxidant Properties

Supply Chain Challenges

Cosmetics and Personal Care Applications

Cost Factors

Research on Potential Health Benefits

 
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Global Hops Extract Market By Segmentation

Regional Insights:

On region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America market is estimated to witness a significantly high revenue share over the forecast period due to rising investment and funding. North America, especially the United States, has a strong craft beer culture, driving a significant demand for hops extract as a key brewing ingredient.

Asia Pacific market is estimated to witness a fastest revenue share over the forecast period. The craft beer movement is gaining traction in Asia-Pacific, leading to an increased demand for hops extract in brewing applications.

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Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product Type - CO2 Extract, Isomerized Extract, Oil Extract

By Nature - Organic and Conventional

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034.

Global Hops Extract Market By Key Players

The key players operating the Hops Extract Market includes, S. Steiner. Inc., Aunutra Industries Inc., Glacier Hops Ranch Inc., BSG Hops, John I. Hass Inc., Bristol Botanicals Limited, Yakima Chief Hops LLC, Hopco Pty Ltd, Kalsec Inc., Indena S.p.A. and Aromatrix Flora Pvt. Ltd.

Recent Development:

             The New Launched Product News,

  • In August 2023, Kirin’s joint venture with Japanese advertising giant Dentsu launched its first consumer products “a gummy and tablet for cognition containing Kirin’s proprietary matured hop extract. Aged hops are extracted using water to create matured hops extract. It can be combined with a variety of foods and drinks and is practically risk-free for people of all ages, even young ones. It has one-tenth the bitterness of hops.

Global Hops Extract Market By Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Product Type
    • Market Snippet, By Nature
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Hops Extract Market, By Product Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • CO2 Extract
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Isomerized Extract
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Oil Extract
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Hops Extract Market, By Nature, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Organic
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Conventional
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Hops Extract Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Nature, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Nature, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Nature, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Nature, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Nature, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • S. Steiner. Inc.,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Aunutra Industries Inc.,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Glacier Hops Ranch Inc,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • BSG Hops,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • John I. Hass Inc,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Bristol Botanicals Limited,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Yakima Chief Hops LLC,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Hopco Pty Ltd,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  •  Kalsec Inc.,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Indena S.p.A.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Aromatrix Flora Pvt.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word                     

  • Future Impact
  • About Us
  • Contact

FAQs

The hops extract market is segmented by product type, nature, and region.

The rise in disposable income and the consumption of beer are the driving factors for the global hops extract market. The ease and low production cost of hop extract is attracting consumers, which leads to a rise in the target market growth.

On the basis of region, the global hops extract market is further segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific region is expected to dominate the market globally due to the rise in production of beer in this region. North America is also expected to be the leading region for the target market attributed to the major hops production in this region.

The key operators of global hops extract market are S. Steiner. Inc., Aunutra Industries Inc., Glacier Hops Ranch Inc, BSG Hops, John I. Hass Inc, Bristol Botanicals Limited, Yakima Chief Hops LLC, Hopco Pty Ltd, Kalsec Inc., Indena S.p.A. and Aromatrix Flora Pvt. Ltd.