Global Hops Extract Market Market Size
With a projected growth rate of 6.40%, the hops extract market, which was valued at US$ 1629.7 million in 2024, is expected to reach US$ 2868 million by 2034.
Hops extract, which is widely used in beer brewing, is made from the flowers of the hop plant (Humulus lupulus). The market for hops extract is impacted by variables like the rising popularity of craft brews, the growing interest of consumers in natural ingredients, and the investigation of the health and wellness benefits of hops' bioactive compounds.