Global Hops Market Size by Demand Status 2020 to 2024- Risks, Opportunities, Shares, Countries, Revenue, Types, Applications – Bulletin Line - Supply Chain Council of European Union

The “Hops Market” research report presents comprehensive information about Hops market trends, industry size, growth opportunities, and COVID-19 impact analysis. A thorough qualitative analysis of the aspects responsible for driving and restraining the demand has also been deliberated in this report. The report provides in-depth information on foremost growth drivers, restraints, challenges to offer a complete analysis of the global Hops market. It also covers detailed information of the factors influencing market growth.

About Hops Market:

Hops Market analysis considers sales from both aroma hops and bitter hops types. Our study also finds the sales of hops in APAC, Europe, MEA, North America, and South America. In 2018, the aroma hops segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as rising demand for craft beer will play a significant role in the aroma hops segment to maintain its market position. Also, our global hops market report looks at factors such as high demand from the brewing industry, increasing hop acreage, and increasing applications of hops in pharmaceuticals and processed food industries. However, stringent regulations, high cost of production, and climatic requirements leading to concentrated production in the US and Europe may hamper the growth of the hops industry over the forecast period.

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Topmost Key Players Covered in the Hops Market Report:

BarthHaas GmbH & Co. KG

Bintani Australia Pty. Ltd.

Charles Faram Ltd.

Hildegard Eisemann KG

Indie Hops

Kalsec Inc.

New Zealand Hops Ltd.

Steiner Hops Ltd.

and Yakima Chief Hops LLC.

Market Dynamics of Hops Market:

Driver: Increasing Applications Of Hops In Pharmaceuticals And Processed Food Industries.

Trend: Increasing Emphasis On Dual-Purpose Hops

Challenges: Growth Of This Market Is The Stringent Regulations.

Increasing applications of hops in pharmaceuticals and processed food industries

Hops have anti-carcinogenic, anti-inflammatory, and antiviral properties. They are also rich in antioxidants and are used in the treatment of diabetes. With the increase in risk factors such as obesity, diabetes, stress, and high blood pressure, people are adopting healthy diets and are making a strong demand for products that have medicinal properties. This has also increased the use of hops in the pharmaceutical industry. They are used to manufacture drugs for the treatment of sleep disorders, nervousness, and anxiety. Hops are also used as a replacement for antibiotics and are used in beet sugar processing, animal feed, and production of ethanol and several processed foods due to their antibiotic properties. Thus, the increased use of hops in pharmaceuticals and processed food industries will lead to the expansion of the global hops market at a CAGR of over 4% during the forecast period.

Increasing emphasis on dual-purpose hops

Dual-purpose hops have qualities of both aroma and bitter hops. Dual-purpose hops are majorly used in the brewing industry, catering to the huge demand from manufacturers of craft beers across the globe. Dual-purpose hop varieties, such as Amarillo, Citra, Simcoe, Hallertau Blanc, Mosaic, and Perle, have qualities of both aroma and bitter hops. Amarillo hops are widely used in ales and IPAs craft beer for their citrus nature and a flowery, grapefruit-like aroma with medium bittering value. This development is expected to have a positive impact on the overall market growth.

Hops Market Report Highlights: –

The report covers forecast and analysis for the market on a global and regional level.
The report includes the drivers and the restraints that affect the growth of the market.
The report discusses detailed information about market opportunities.
The market is segmented on the basis of product and end-user industry which in turn is bifurcated on the regional level.
The key target audience for the market has been determined in the report.
The revenue generated by the prominent industry players has been analyzed in the report.

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Hops Market Segmentation Covers:

By Type:

Regional Segmentation:

The objective of Studies:

To provide a detailed analysis of the market structure along with the forecast of the various segments and sub-segments of the global Hops market.
To provide insights about factors affecting market growth. To analyze the Hops market based on various factors- price analysis, supply chain analysis, Porte five force analysis, etc.
To provide historically and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, Latin America, and Rest of the World.
To provide country-level analysis of the market with respect to the current market size and future prospective.
To provide country-level analysis of the market for segment by application, product type, and sub-segments.
To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Hops market.

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Some Points from Hops Market Report TOC:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT