Global Hops Derivatives Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

Alcoholic Beverages (Beer), Pharmaceutical Industry, Cosmetics, and Others.

By Distribution Channel;

Store-Based and Non-Store Based.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn167680150 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Hops Derivatives Market (USD Million), 2020 - 2030

In the year 2023, the Market was valued at USD 14,855.26 million. The size of this market is expected to increase to USD 23,237.03 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 6.6%.

Hops, derived from the flowers of the Humulus lupulus plant, play a crucial role in beer production, serving as both a stabilizing agent and a source of bitterness. However, beyond its traditional use in brewing, hops have garnered attention for their derivatives, which are synthesized through chemical processes to yield compounds resembling humulone, lupulone. Among these derivatives, humulones stand out as key chemical compounds synthesized from the alpha acids present in hops. The popularity of humulones is on the rise, driven by a growing demand for medicinal tonics. These tonics are prized for their purported ability to enhance appetite and alleviate insomnia, contributing to their appeal among consumers seeking natural remedies and wellness products. This medicinal application has propelled the market for hops derivatives, as pharmaceutical companies and health-conscious consumers alike recognize the potential benefits of these compounds. the market for hops derivatives is buoyed by increasing demand for flavored beer varieties. Breweries are continuously innovating to cater to evolving consumer preferences, incorporating hop derivatives to impart unique flavors and aromas to their brews. From fruity and floral notes to herbal and spicy undertones, hop derivatives offer a diverse range of flavor profiles that enhance the sensory experience of craft beers and specialty brews. the market for hops and its derivatives is characterized by a multifaceted landscape, encompassing both traditional and emerging applications. As consumer interest in natural remedies, wellness products, and craft beverages continues to grow, the demand for hops derivatives is expected to remain robust, driving innovation and expansion in this dynamic market segment.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Region
  4. Global Hops Derivatives Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Craft Beer
        2. Growing Awareness of Health Benefits
        3. Expanding Applications Beyond Beer
        4. Increasing Consumer Interest in Natural Ingredients
      2. Restraints
        1. Supply Chain Vulnerability
        2. Limited Availability of Specialty Hops
        3. Regulatory Challenges
        4. Competition from Synthetic Alternatives
      3. Opportunities
        1. Medicinal and Nutraceuticals
        2. Flavor and Fragrance Industry
        3. Animal Feed and Agriculture
        4. Brewing and Beverage Industry
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Hops Derivatives Market, By Application, 2021 - 2031 (USD Million)
      1. Alcoholic Beverages (Beer)
      2. Pharmaceutical Industry
      3. Cosmetics
      4. Others
    2. Global Hops Derivatives Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Store-Based
      2. Non-Store Based
    3. Global Hops Derivatives Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of the Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BarthHaas
      2. Crosby Hops
      3. Brewers Select Limited
      4. Charles Faram & Co Ltd
      5. Global Hops
      6. Kalsec Inc
      7. New Zealand Hops Limited
      8. Steiner Hops
      9. YCH HOPS
  7. Analyst Views
  8. Future Outlook of the Market