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Hops Market Size & Forecast

Historic: 2022-2024 Base Year: 2025 Forecast: 2026–2033
US$ 7.81 Billion
Market Size 2025 · Base Year
US$ 13.08 Billion
Projected Market Size by 2033
6.66%
CAGR · 2026–2033
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BMIPUB00036177 56+ Countries Covered 10 Major Companies Profiled PEST & SWOT Analysis Competitive Heat Map
At a Glance

Report Coverage

56 +
Countries
56+ countries across North America, Europe, Asia-Pacific, South and Central America, Middle East and Africa
12
Year Assessment
Comprehensive Market Analysis Covering 3 Years of Historical Data (2022–2024), Base Year (2025), and 8-Year Forecast (2026–2033)
10 +
Major Players
Major companies profiled including Yakima Chief Hops, BarthHaas GmbH & Co. KG, Hopsteiner, HVG Hopfenverwertungsgenossenschaft e.G., John I. Haas, Inc.
350
Report Pages
Pages of deep-dive analysis with PEST, SWOT, competitive heat maps and datasets
What's Fueling Growth

Market Drivers

  • Growing craft beer production

  • Rising premium beer demand

  • Expanding hop varieties

Where Growth Opportunities Exist

Key Opportunities

  • Functional beverage applications

  • Aroma hop innovation

  • Emerging brewing markets

What Could Slow It Down

Market Restraints

  • Climate change impacts

  • Seasonal yield fluctuations

  • Limited cultivation regions

Market Segmentation

Coverage by Segment

Product Type

Cascade Hops
Chinook Hops
Amarillo Hops

Application

Medicinal Drugs
Alcoholic Beverages
Cosmetics
Geographic Breakdown

Regional Intelligence

NA North America
EU Europe
APAC Asia-Pacific
SCA South & Central America
MEA Middle East & Africa
Competitive Landscape

Major Market Players

Listed for reference — companies are not ranked in any particular order.

Yakima Chief Hops
BarthHaas GmbH & Co. KG
Hopsteiner
HVG Hopfenverwertungsgenossenschaft e.G.
John I. Haas, Inc.
Charles Faram & Co. Ltd.
Freudenberger Hopfen GmbH
NZ Hops Ltd.
S.S. Steiner, Inc.
Hollingbery & Son Hops Ltd.
What's Inside

Report Scope & Deliverables

Market Size 2025 US$ 7.81 Billion
Market Size 2033 US$ 13.08 Billion
CAGR 2026–2033 6.66%
Segments By Product Type (Cascade Hops, Chinook Hops, Amarillo Hops)  |  By Application (Medicinal Drugs, Alcoholic Beverages, Cosmetics)
Geographies North America (US, Canada, Mexico)  ·  Europe (Germany, Italy, France, U.K., Spain, Belgium, Netherlands, Luxembourg, Norway, Finland, Denmark, Sweden, Switzerland, Austria, Greece, Portugal, Russia, Poland, Romania, Czech Republic, Ukraine, Slovakia, Bulgaria)  ·  Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Taiwan, Bangladesh)  ·  South and Central America (Brazil, Argentina, Chile, Colombia, Peru)  ·  Middle East and Africa (Saudi Arabia, United Arab Emirates, Kuwait, Bahrain, Qatar, Oman, Turkiye, South Africa, Egypt, Nigeria, Algeria)
Deliverables Historical analysis with CAGR · PEST & SWOT analysis · Market Size at Global, Regional, and Country Levels · Competitive heat map · Company profiles · Excel dataset
Report Code BMIPUB00036177
Lead Analyst Shruti Bankar — Consultant, Research & Consulting · View Profile
With Full Report Access

Gain actionable insights with 350 pages of in-depth Hops Market, including historical trends, 8-year market forecasts, SWOT analysis, competitive landscapes, and downloadable Excel datasets in a single comprehensive package.