Hops Derivatives Market

By Product Type;

Hop Pellets, Liquid Hops, Hop Extracts and Cryo Hops

By Application;

Beer, Food & Beverages, Pharmaceuticals, Cosmetics and Others

By Form;

Solid and Liquid

By Source;

Organic and Conventional

By Geography;

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

Hops Derivatives Market Overview

Hops Derivatives Market (USD Million)

Hops Derivatives Market was valued at USD 14,855.26 million in the year 2024. The size of this market is expected to increase to USD 23,237.03 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

The Hops Derivatives Market is gaining traction due to rising demand for natural flavoring agents, brewing applications, and nutraceutical formulations. Nearly 45% of hops-derived products are used in brewing, while 30% find use in functional beverages and supplements. Their multifunctional properties, including bitterness, aroma, and therapeutic value, are driving adoption across diverse industries.


Hops Derivatives Market

*Market size in USD million

CAGR 6.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.6 %
Market Size (2024)USD 14,855.26 Million
Market Size (2031)USD 23,237.03 Million
Market ConcentrationMedium
Report Pages362
14,855.26
2024
23,237.03
2031

Major Players

  • BarthHaas
  • Crosby Hops
  • Brewers Select Limited
  • Charles Faram & Co Ltd
  • Global Hops
  • Kalsec Inc
  • New Zealand Hops Limited
  • Steiner Hops
  • YCH HOPS

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Hops Derivatives Market

Fragmented - Highly competitive market without dominant players


Key Drivers Accelerating Growth
The growing consumer preference for craft beverages and herbal formulations significantly boosts market adoption. Around 40% of breweries incorporate hops derivatives to enhance product quality and flavor consistency. Additionally, the rising trend of clean-label products and organic formulations is expanding the demand base for these natural derivatives.

Advancements Supporting Adoption
Continuous innovation in extraction technologies such as supercritical CO₂ has improved the yield and purity of hop compounds. Approximately 35% of hops extracts are now produced using advanced extraction, ensuring higher efficiency and sustainability. These advancements strengthen applications in food, beverages, cosmetics, and pharmaceuticals.

Future Growth Prospects
The Hops Derivatives Market shows robust momentum, with new opportunities emerging in nutraceuticals and functional foods. Close to 25% of the demand is projected to come from non-brewing industries, highlighting diversification beyond traditional beer production. Strategic partnerships, product innovation, and R&D are expected to accelerate this expansion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Form
    4. Market Snapshot, By Source
    5. Market Snapshot, By Region
  4. 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. Hops Derivatives Market, By Product Type, 2021 - 2031 (USD Million)
      1. Hop Pellets
      2. Liquid Hops
      3. Hop Extracts
      4. Cryo Hops
    2. Hops Derivatives Market, By Application, 2021 - 2031 (USD Million)
      1. Beer
      2. Food & Beverages
      3. Pharmaceuticals
      4. Cosmetics
      5. Others
    3. Hops Derivatives Market, By Form, 2021 - 2031 (USD Million)
      1. Solid
      2. Liquid
    4. Hops Derivatives Market, By Source, 2021 - 2031 (USD Million)
      1. Organic
      2. Conventional
    5. 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 Group
      2. Yakima Chief Hops, Inc.
      3. Hopsteiner (S. S. Steiner, Inc.)
      4. Charles Faram & Co. Ltd.
      5. Hollingberry & Son, Inc.
      6. HVG Hopfenverwertungsgenossenschaft e.G.
      7. Kalsec Inc.
      8. Willamette Valley Hops
      9. John I. Haas, Inc.
      10. Simply Hops Ltd.
      11. Brewers Select Limited
      12. Steiner Hops Ltd.
      13. Lupofresh GmbH
      14. Rock Bottom Hops Co.
      15. Indie Hops, LLC
  7. Analyst Views
  8. Future Outlook of the Market