Hops Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Global Hops Market report offers an all-encompassing analysis of production, consumption, import, export, driving factors, value chain, and forecast to 2025. The market is segmented based on geography covering all the major countries indulged in the production, consumption, and trade of hop cones across the world. The market segmentation is based on both quantitative and qualitative analyses.

Market Snapshot

Market Snapshot
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Europe
CAGR: 4.5 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The Global Hops market is estimated to grow at a CAGR of 4.5%, during the forecast period (2020 - 2025).

A transitional shift in the demand for bittering hops from aroma varieties and a positive trajectory in the growth of craft breweries across the world are driving the global hops market. According to a study by Barth-Haas, in Germany, the demand for bittering varieties, such as Polaris and Herkules, grew by almost 30% and 8.8%, respectively, in 2017. The United States, one of the largest hop consuming markets, registered a growth of 8.9% during 2018-2019, with the total number of breweries rising to 8,386 in 2019 from 7,698 in 2018 (The Brewers Association).

Europe was the fastest-growing market in 2019, with Germany and the United Kingdom leading the regional market. Germany imported a total of 5,952.0 metric tons of hop cones in 2019, followed by the United Kingdom with total imports of 1,226.0 metric tons during the same year. Apart from imported hops, the region has also witnessed a steady revival in the cultivation of hops in Germany, where the prouction stood at 32,527.0 metric ton in 2018, as against 32,053.0 metric ton in 2016.

Scope of the Report

Hops are the flowers of the hop plant, Humulus lupulus, that 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 market is segmented into geography into five regions, viz., North America, Europe, Asia-Pacific, South America, and Africa, that further encompass a qualitative as well as a quantitative analysis of the production, consumption, and trade of hops in the major countries across the regions. The review period considered for the study is 2016-2019 and the forecast period 2020-2025.

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

Report scope can be customized per your requirements. Click here.

Key Market Trends

Craft Beer Elevating the Demand for Bittering Hops

The fresh or dried hop market is currently dominated by a major shift in the demand for bittering hops from aromatic varieties, as the craft breweries strengthen globally. In the United States, the retail craft brewery market was valued at USD 29.30 billion in 2019, witnessing a growth of 4% in volume sales and accounting for 13.6% of the total beer market in the United States, in terms of volume. Simultaneously, the number of craft breweries in the United States grew to 8,275 in 2019, a 9.1% increase over 7,594 in 2018, as per the Brewers Association. Moreover, according to a study by Barth-Haas, the demand for aromatic hops declined by 10.8% for Hull Melon, 9.8% for Mandarina Bavaria, and 4.9% for Hallertauer Mittelfrüh in Germany in 2017. However, bittering hops such as Polaris and Herkules, witnessed a surge of 30% and 8.8%, respectively, during the same year. Moreover, the growing inclination of the consumers towards craft beer resulted in a surmounted number of 82 new craft breweries established in 2017 in the country. As a result, the growing demand for craft beer is inflicting a positive impact on the demand for bittering hops, especially in the United States and Germany, thus, driving the overall hop market.

Global Hops Market - Number of Craft Breweries, United States, 2016-2019

To understand key trends, Download Sample Report

Europe - The Fastest Growing Market

Europe was the fastest-growing market for hops in 2019. The regional market is determined by both growing imports and an expansion in the area under hop cultivation, driven by an ever-growing demand for beer. The import market is dominated by Germany, the United Kingdom, and the Czech Republic, each importing a total of 5,952, 1,226, and 438 metric ton of hops in 2019. Moreover, Europe is the largest beer consuming region in the world, with the Czech Republic holding the highest share in the per capita consumption of beet at 143.3 liters, followed by Germany with 104.2 liters per capita, Poland 100.8 liters per capita, Ireland 98.2 liters per capita, and others. Currently, the number of breweries in Europe stands at 10,154 in 2019, with an increase of about 6,000 breweries in the last ten years. As a result, the demand for hops in the region also rose significantly and is further anticipated to witness robust growth during the forecast period.

MG.PNG

To understand geography trends, Download Sample Report

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Value Chain Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Geography

      1. 5.1.1 North America

        1. 5.1.1.1 United States

          1. 5.1.1.1.1 Production Analysis

          2. 5.1.1.1.2 Consumption Analysis & Market Size

          3. 5.1.1.1.3 Import Market Analysis (Volume & Value)

          4. 5.1.1.1.4 Export Market Analysis (Volume & Value)

          5. 5.1.1.1.5 Price Trend Analysis

        2. 5.1.1.2 Canada

          1. 5.1.1.2.1 Production Analysis

          2. 5.1.1.2.2 Consumption Analysis & Market Size

          3. 5.1.1.2.3 Import Market Analysis (Volume & Value)

          4. 5.1.1.2.4 Export Market Analysis (Volume & Value)

          5. 5.1.1.2.5 Price Trend Analysis

      2. 5.1.2 Europe

        1. 5.1.2.1 Germany

          1. 5.1.2.1.1 Production Analysis

          2. 5.1.2.1.2 Consumption Analysis & Market Size

          3. 5.1.2.1.3 Import Market Analysis (Volume & Value)

          4. 5.1.2.1.4 Export Market Analysis (Volume & Value)

          5. 5.1.2.1.5 Price Trend Analysis

        2. 5.1.2.2 United Kingdom

          1. 5.1.2.2.1 Production Analysis

          2. 5.1.2.2.2 Consumption Analysis & Market Size

          3. 5.1.2.2.3 Import Market Analysis (Volume & Value)

          4. 5.1.2.2.4 Export Market Analysis (Volume & Value)

          5. 5.1.2.2.5 Price Trend Analysis

        3. 5.1.2.3 Russia

          1. 5.1.2.3.1 Production Analysis

          2. 5.1.2.3.2 Consumption Analysis & Market Size

          3. 5.1.2.3.3 Import Market Analysis (Volume & Value)

          4. 5.1.2.3.4 Export Market Analysis (Volume & Value)

          5. 5.1.2.3.5 Price Trend Analysis

        4. 5.1.2.4 Czech Republic

          1. 5.1.2.4.1 Production Analysis

          2. 5.1.2.4.2 Consumption Analysis & Market Size

          3. 5.1.2.4.3 Import Market Analysis (Volume & Value)

          4. 5.1.2.4.4 Export Market Analysis (Volume & Value)

          5. 5.1.2.4.5 Price Trend Analysis

        5. 5.1.2.5 Belgium

          1. 5.1.2.5.1 Production Analysis

          2. 5.1.2.5.2 Consumption Analysis & Market Size

          3. 5.1.2.5.3 Import Market Analysis (Volume & Value)

          4. 5.1.2.5.4 Export Market Analysis (Volume & Value)

          5. 5.1.2.5.5 Price Trend Analysis

        6. 5.1.2.6 Poland

          1. 5.1.2.6.1 Production Analysis

          2. 5.1.2.6.2 Consumption Analysis & Market Size

          3. 5.1.2.6.3 Import Market Analysis (Volume & Value)

          4. 5.1.2.6.4 Export Market Analysis (Volume & Value)

          5. 5.1.2.6.5 Price Trend Analysis

        7. 5.1.2.7 Slovenia

          1. 5.1.2.7.1 Production Analysis

          2. 5.1.2.7.2 Consumption Analysis & Market Size

          3. 5.1.2.7.3 Import Market Analysis (Volume & Value)

          4. 5.1.2.7.4 Export Market Analysis (Volume & Value)

          5. 5.1.2.7.5 Price Trend Analysis

      3. 5.1.3 Asia-Pacific

        1. 5.1.3.1 China

          1. 5.1.3.1.1 Production Analysis

          2. 5.1.3.1.2 Consumption Analysis & Market Size

          3. 5.1.3.1.3 Import Market Analysis (Volume & Value)

          4. 5.1.3.1.4 Export Market Analysis (Volume & Value)

          5. 5.1.3.1.5 Price Trend Analysis

        2. 5.1.3.2 Australia

          1. 5.1.3.2.1 Production Analysis

          2. 5.1.3.2.2 Consumption Analysis & Market Size

          3. 5.1.3.2.3 Import Market Analysis (Volume & Value)

          4. 5.1.3.2.4 Export Market Analysis (Volume & Value)

          5. 5.1.3.2.5 Price Trend Analysis

        3. 5.1.3.3 Vietnam

          1. 5.1.3.3.1 Production Analysis

          2. 5.1.3.3.2 Consumption Analysis & Market Size

          3. 5.1.3.3.3 Import Market Analysis (Volume & Value)

          4. 5.1.3.3.4 Export Market Analysis (Volume & Value)

          5. 5.1.3.3.5 Price Trend Analysis

      4. 5.1.4 South America

        1. 5.1.4.1 Brazil

          1. 5.1.4.1.1 Production Analysis

          2. 5.1.4.1.2 Consumption Analysis & Market Size

          3. 5.1.4.1.3 Import Market Analysis (Volume & Value)

          4. 5.1.4.1.4 Export Market Analysis (Volume & Value)

          5. 5.1.4.1.5 Price Trend Analysis

      5. 5.1.5 Africa

        1. 5.1.5.1 South Africa

          1. 5.1.5.1.1 Production Analysis

          2. 5.1.5.1.2 Consumption Analysis & Market Size

          3. 5.1.5.1.3 Import Market Analysis (Volume & Value)

          4. 5.1.5.1.4 Export Market Analysis (Volume & Value)

          5. 5.1.5.1.5 Price Trend Analysis

        2. 5.1.5.2 Ethiopia

          1. 5.1.5.2.1 Production Analysis

          2. 5.1.5.2.2 Consumption Analysis & Market Size

          3. 5.1.5.2.3 Import Market Analysis (Volume & Value)

          4. 5.1.5.2.4 Export Market Analysis (Volume & Value)

          5. 5.1.5.2.5 Price Trend Analysis

  6. 6. MARKET OPPORTUNITIES & FUTURE TRENDS

  7. 7. IMPACT OF COVID-19

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Hops Market market is studied from 2016 - 2026.

The Hops Market is growing at a CAGR of 4.5% over the next 5 years.

Europe is growing at the highest CAGR over 2021- 2026.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!