What is Hops Market Scope?
Hops are the blooms of the Humulus lupulus hop plant, which are generally used to flavor, stabilize, and add bitterness to beer. Despite unprecedented challenges throughout the growing season, the U.S. hop industry emerged in 2021 with a record-breaking hop production of 116.5 million pounds. Commercial acreage increased 4% and total production soared 11.18% above the 2020 crop For the fourth year running Citra HBC 394 remains dominant in acreage, this season commanding nearly 1 out of every 5 hop bines in the Pacific Northwest and tallying a total of xxx acres. Notably, for the first time Mosaic HBC xxx clinched the number two spot with xxx acres, preceding third place super alpha CTZ and fourth place Cascade
Rising popularity of craft beer
Market Growth Drivers:
Increase demand for hops in medicine, drug, cosmetics, formulation, and alcoholic beverages
Hops plant requires a large amount of water daily
Products made from hops that are consumed in excess have negative impacts on human health.
expanding the use of hops for bittering to produce beer
The Hops market study is being classified by Type (Cascade Hops, Chinook Hops, Amarillo Hops, Centennial Hops and Others), by Application and major geographies with country level break-up.
Kalsec Inc, Aromatrix Flora Pvt. Ltd, S. S. Steiner Inc., Crosby Hop Farm LLC., New Zealand Hops Limited,, Yakima Chief Hops LLC, Glacier Hops Ranch, Inc., Hopco Pty Ltd, Naturalin Bio-Resources Co., Ltd, Xinjiang Elimnatural Hops Co., Ltd., Steiner Hops Ltd., Hops Direct, LLC., Heineken UK Limited, Bintani Australia PTY Ltd., BAARTH-HAAS GROUP, Hollingberry & Son Inc., Carlsberg Breweries A/S, Kalsec Inc., Charles Faram & Co. Ltd. and Brewers Select Limited are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Hops market by Type, Application and Region.
On the basis of geography, the market of Hops has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In February 2019, Hopco launched two new Kiwi hop varieties, HORT9909 and HORT4337, in the Australian market. The new Kiwi hop varieties have been cultivated by New Zealand Hops in collaboration with the Plant and Food Research Institute New Zealand.
Key Target AudienceHops Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations and End-Use Industries
Hops Market Study: Important Years
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|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Hops Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Hops industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.