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

By Application;

Brewing, Flavour & Fragrance, and Aromatherapy.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn999871059 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Hops Essential Oil Market (USD Million), 2021 - 2031

In the year 2024, the Global Hops Essential Oil Market was valued at USD 60.53 million. The size of this market is expected to increase to USD 97.20 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.0%.

In recent years, the Global Hops Essential Oil Market has demonstrated steady growth, with expectations of continued expansion in the forecast period. Hops essential oil, derived from the flowers of the hop plant, has gained popularity across various industries due to its diverse applications and therapeutic properties. With increasing awareness of natural remedies and the rising demand for botanical extracts, hops essential oil has garnered attention for its potential health benefits and aromatic properties. As consumer preferences shift towards natural and organic products, the demand for hops essential oil is expected to rise further, driven by its use in aromatherapy, herbal formulations, and fragrance manufacturing.

The growth of the Global Hops Essential Oil Market is fueled by the expanding scope of applications in the food and beverage industry. Hops essential oil is valued for its unique flavor profile, which adds bitterness and aroma to beer production. As the craft beer industry continues to flourish and consumer preferences evolve towards premium and artisanal brews, the demand for hops essential oil as a key ingredient in beer manufacturing is projected to increase.Hops essential oil finds usage in the production of natural food flavorings, herbal teas, and dietary supplements, further driving market growth. With ongoing research and development initiatives focused on exploring the therapeutic potential of hops essential oil, the market is poised for significant expansion, offering opportunities for manufacturers and suppliers to capitalize on the growing demand for natural and botanical-based products.

  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 Region
  4. Global Hops Essential Oil Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Craft Beer Boom
        2. Food & Beverage Application
        3. Aromatherapy Popularity
      2. Restraints
        1. Supply Chain Disruptions
        2. Seasonal Variability in Crop Yield
        3. Regulatory Challenges
      3. Opportunities
        1. Craft Beverage Market
        2. Interest in Natural Remedies
        3. Demand for Organic Products
    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 Essential Oil Market, By Application, 2021 - 2031 (USD Million)
      1. Brewing
      2. Flavour and Fragrance
      3. Aromatherapy
    2. Global Hops Essential Oil 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 Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Glacier Hops Ranc
      2. Green Acre Farms,
      3. Aliksir
      4. Mountain Rose Herbs
      5. Hopsteiner
      6. Hermitage
      7. Denie Brown
  7. Analyst Views
  8. Future Outlook of the Market