Hops Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Hops Market Report is Segmented by Geography (North America, Europe, Asia-Pacific, and South America and Africa). The Report Includes Production Analysis (volume), Consumption Analysis (value and Volume), Export Analysis (value and Volume), Import Analysis (value and Volume), and Price Trend Analysis. The Report Offers the Market Size and Forecast in Both Value (USD) and Volume (metric Tons).

Hops Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Hops Market Size

Hops Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Market Size (2025) USD 9.18 Billion
Market Size (2030) USD 12.69 Billion
CAGR (2025 - 2030) 6.70 %
Fastest Growing Market Europe
Largest Market North America

Compare market size and growth of Hops Market with other markets in Agriculture Industry

Seeds

Crop Protection

Fertilizers

Agricultural Commodities

Agriculture Services

Agricultural Machinery and Technology

Hops Market Analysis

The Hops Market size is estimated at USD 9.18 billion in 2025, and is expected to reach USD 12.69 billion by 2030, at a CAGR of 6.70% during the forecast period (2025-2030).

The global hops market is experiencing growth driven by the increasing preference for bittering hops over aroma varieties and the worldwide expansion of craft breweries. Key hop-producing countries include the United States, Germany, the Czech Republic, China, and Poland. According to the International Hop Growers' Convention (IHGC) Economic Commission, global hop cultivation reached about 58.9 thousand hectares in 2023, with the United States and Germany contributing about 38% and 34% of the total acreage, respectively.

Market growth is projected to continue, propelled by rising beer consumption, the craft brewing trend, and the development of new hop varieties. Brazil, Spain, France, and the United Kingdom are among the largest importers of hop extracts, collectively accounting for about 35% of global hop extract imports in 2023, as reported by ITC Trademap. Specialty hops such as Citra, Mosaic, and Simcoe have gained popularity due to their unique flavor profiles, leading to increased demand, particularly in the craft brewing sector.

Climate change poses a significant challenge to the hops industry, as variations in temperature and rainfall patterns affect both hop yields and quality. Adapting to these environmental changes is crucial for ensuring the long-term sustainability of the hops market.

    

Hops Market News

  • May 2024: Yakima Valley Hops has released three new hop varieties, ID-158, HBC 1019, and HBC 472. These new hops offers unique flavors like citrus, berry, and creamy coconut, potentially catering to the growing demand for craft beers with distinct and interesting taste profiles.
  • January 2023: BarthHaas launched an all-new company website where hop services providers can present their extensive portfolio in an updated design and very clearly structured form. Hence, searching for information about the company, its products, and its services will be easier and more intuitive.
  • January 2023: Crosby Hops, an integrated hop grower, processor, and merchant, announced the official expansion of its product offerings to include cryogenically processed lupulin pellets. Its new CGX concentrated pellets are available in several varieties, which makes it possible to brew aggressively-hopped beers that can improve yields and margins while reducing the environmental footprint of production.

Hops Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions & Market Definitions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Popularity of Craft Beer
    • 4.2.2 Expansion of Micro Breweries
    • 4.2.3 Diverse Applications Beyond Brewing
  • 4.3 Market Restraints
    • 4.3.1 Limited Cultivation Regions
    • 4.3.2 Climate Change Impact on Yields
  • 4.4 Value Chain Analysis

5. MARKET SEGMENTATION

  • 5.1 Geography
    • 5.1.1 North America
    • 5.1.1.1 United States
    • 5.1.1.1.1 Production Analysis
    • 5.1.1.1.2 Consumption Analysis & Market Size
    • 5.1.1.1.3 Import Market Analysis (Volume & Value)
    • 5.1.1.1.4 Export Market Analysis (Volume & Value)
    • 5.1.1.1.5 Price Trend Analysis
    • 5.1.1.2 Canada
    • 5.1.1.2.1 Production Analysis
    • 5.1.1.2.2 Consumption Analysis & Market Size
    • 5.1.1.2.3 Import Market Analysis (Volume & Value)
    • 5.1.1.2.4 Export Market Analysis (Volume & Value)
    • 5.1.1.2.5 Price Trend Analysis
    • 5.1.2 Europe
    • 5.1.2.1 Germany
    • 5.1.2.1.1 Production Analysis
    • 5.1.2.1.2 Consumption Analysis & Market Size
    • 5.1.2.1.3 Import Market Analysis (Volume & Value)
    • 5.1.2.1.4 Export Market Analysis (Volume & Value)
    • 5.1.2.1.5 Price Trend Analysis
    • 5.1.2.2 United Kingdom
    • 5.1.2.2.1 Production Analysis
    • 5.1.2.2.2 Consumption Analysis & Market Size
    • 5.1.2.2.3 Import Market Analysis (Volume & Value)
    • 5.1.2.2.4 Export Market Analysis (Volume & Value)
    • 5.1.2.2.5 Price Trend Analysis
    • 5.1.2.3 Russia
    • 5.1.2.3.1 Production Analysis
    • 5.1.2.3.2 Consumption Analysis & Market Size
    • 5.1.2.3.3 Import Market Analysis (Volume & Value)
    • 5.1.2.3.4 Export Market Analysis (Volume & Value)
    • 5.1.2.3.5 Price Trend Analysis
    • 5.1.2.4 Czech Republic
    • 5.1.2.4.1 Production Analysis
    • 5.1.2.4.2 Consumption Analysis & Market Size
    • 5.1.2.4.3 Import Market Analysis (Volume & Value)
    • 5.1.2.4.4 Export Market Analysis (Volume & Value)
    • 5.1.2.4.5 Price Trend Analysis
    • 5.1.2.5 Belgium
    • 5.1.2.5.1 Production Analysis
    • 5.1.2.5.2 Consumption Analysis & Market Size
    • 5.1.2.5.3 Import Market Analysis (Volume & Value)
    • 5.1.2.5.4 Export Market Analysis (Volume & Value)
    • 5.1.2.5.5 Price Trend Analysis
    • 5.1.2.6 Poland
    • 5.1.2.6.1 Production Analysis
    • 5.1.2.6.2 Consumption Analysis & Market Size
    • 5.1.2.6.3 Import Market Analysis (Volume & Value)
    • 5.1.2.6.4 Export Market Analysis (Volume & Value)
    • 5.1.2.6.5 Price Trend Analysis
    • 5.1.2.7 Slovenia
    • 5.1.2.7.1 Production Analysis
    • 5.1.2.7.2 Consumption Analysis & Market Size
    • 5.1.2.7.3 Import Market Analysis (Volume & Value)
    • 5.1.2.7.4 Export Market Analysis (Volume & Value)
    • 5.1.2.7.5 Price Trend Analysis
    • 5.1.3 Asia-Pacific
    • 5.1.3.1 China
    • 5.1.3.1.1 Production Analysis
    • 5.1.3.1.2 Consumption Analysis & Market Size
    • 5.1.3.1.3 Import Market Analysis (Volume & Value)
    • 5.1.3.1.4 Export Market Analysis (Volume & Value)
    • 5.1.3.1.5 Price Trend Analysis
    • 5.1.3.2 Australia
    • 5.1.3.2.1 Production Analysis
    • 5.1.3.2.2 Consumption Analysis & Market Size
    • 5.1.3.2.3 Import Market Analysis (Volume & Value)
    • 5.1.3.2.4 Export Market Analysis (Volume & Value)
    • 5.1.3.2.5 Price Trend Analysis
    • 5.1.3.3 Vietnam
    • 5.1.3.3.1 Production Analysis
    • 5.1.3.3.2 Consumption Analysis & Market Size
    • 5.1.3.3.3 Import Market Analysis (Volume & Value)
    • 5.1.3.3.4 Export Market Analysis (Volume & Value)
    • 5.1.3.3.5 Price Trend Analysis
    • 5.1.4 South America
    • 5.1.4.1 Brazil
    • 5.1.4.1.1 Production Analysis
    • 5.1.4.1.2 Consumption Analysis & Market Size
    • 5.1.4.1.3 Import Market Analysis (Volume & Value)
    • 5.1.4.1.4 Export Market Analysis (Volume & Value)
    • 5.1.4.1.5 Price Trend Analysis
    • 5.1.5 Africa
    • 5.1.5.1 South Africa
    • 5.1.5.1.1 Production Analysis
    • 5.1.5.1.2 Consumption Analysis & Market Size
    • 5.1.5.1.3 Import Market Analysis (Volume & Value)
    • 5.1.5.1.4 Export Market Analysis (Volume & Value)
    • 5.1.5.1.5 Price Trend Analysis
    • 5.1.5.2 Ethiopia
    • 5.1.5.2.1 Production Analysis
    • 5.1.5.2.2 Consumption Analysis & Market Size
    • 5.1.5.2.3 Import Market Analysis (Volume & Value)
    • 5.1.5.2.4 Export Market Analysis (Volume & Value)
    • 5.1.5.2.5 Price Trend Analysis

6. MARKET OPPORTUNITIES & FUTURE TRENDS

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Hops Industry Segmentation

Hops are the flowers of the hop plant Humulus lupulus, which are primarily used as a bittering, flavoring, and stability agent in beer. For the purpose of the study, fresh or dried hop cones with the HS code 121010, as per the UN Comtrade statistical database, have been considered under the scope. The global hops market is segmented by geography (North America, Europe, Asia-Pacific, and South America and Africa). The report includes production analysis (volume), consumption analysis (value and volume), export analysis (value and volume), import analysis (value and volume), and price trend analysis. The report offers the market size and forecast in both value (USD) and volume (metric tons).

Geography North America United States Production Analysis
Consumption Analysis & Market Size
Import Market Analysis (Volume & Value)
Export Market Analysis (Volume & Value)
Price Trend Analysis
Canada Production Analysis
Consumption Analysis & Market Size
Import Market Analysis (Volume & Value)
Export Market Analysis (Volume & Value)
Price Trend Analysis
Europe Germany Production Analysis
Consumption Analysis & Market Size
Import Market Analysis (Volume & Value)
Export Market Analysis (Volume & Value)
Price Trend Analysis
United Kingdom Production Analysis
Consumption Analysis & Market Size
Import Market Analysis (Volume & Value)
Export Market Analysis (Volume & Value)
Price Trend Analysis
Russia Production Analysis
Consumption Analysis & Market Size
Import Market Analysis (Volume & Value)
Export Market Analysis (Volume & Value)
Price Trend Analysis
Czech Republic Production Analysis
Consumption Analysis & Market Size
Import Market Analysis (Volume & Value)
Export Market Analysis (Volume & Value)
Price Trend Analysis
Belgium Production Analysis
Consumption Analysis & Market Size
Import Market Analysis (Volume & Value)
Export Market Analysis (Volume & Value)
Price Trend Analysis
Poland Production Analysis
Consumption Analysis & Market Size
Import Market Analysis (Volume & Value)
Export Market Analysis (Volume & Value)
Price Trend Analysis
Slovenia Production Analysis
Consumption Analysis & Market Size
Import Market Analysis (Volume & Value)
Export Market Analysis (Volume & Value)
Price Trend Analysis
Asia-Pacific China Production Analysis
Consumption Analysis & Market Size
Import Market Analysis (Volume & Value)
Export Market Analysis (Volume & Value)
Price Trend Analysis
Australia Production Analysis
Consumption Analysis & Market Size
Import Market Analysis (Volume & Value)
Export Market Analysis (Volume & Value)
Price Trend Analysis
Vietnam Production Analysis
Consumption Analysis & Market Size
Import Market Analysis (Volume & Value)
Export Market Analysis (Volume & Value)
Price Trend Analysis
South America Brazil Production Analysis
Consumption Analysis & Market Size
Import Market Analysis (Volume & Value)
Export Market Analysis (Volume & Value)
Price Trend Analysis
Africa South Africa Production Analysis
Consumption Analysis & Market Size
Import Market Analysis (Volume & Value)
Export Market Analysis (Volume & Value)
Price Trend Analysis
Ethiopia Production Analysis
Consumption Analysis & Market Size
Import Market Analysis (Volume & Value)
Export Market Analysis (Volume & Value)
Price Trend Analysis
Need A Different Region or Segment?
Customize Now

Hops Market Research FAQs

How big is the Hops Market?

The Hops Market size is expected to reach USD 9.18 billion in 2025 and grow at a CAGR of 6.70% to reach USD 12.69 billion by 2030.

What is the current Hops Market size?

In 2025, the Hops Market size is expected to reach USD 9.18 billion.

Which is the fastest growing region in Hops Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Hops Market?

In 2025, the North America accounts for the largest market share in Hops Market.

What years does this Hops Market cover, and what was the market size in 2024?

In 2024, the Hops Market size was estimated at USD 8.56 billion. The report covers the Hops Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Hops Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Hops Industry Report

Statistics for the 2025 Hops market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Hops analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Hops Market Report Snapshots