Report overview
Hops are the flowers of the hops plant Humulus lupulus. Hops are primarily used as stabilizing agent in beer and it gives a bitter taste to the product. Its derivatives are compounds, which are synthesized by chemical processes to produce one or more compound having similar structural homology to a humulone, lupulone or adlupulone. Humulones is the most important chemical compound which is synthesized from the alpha acids found in hops. It is gaining popularity due to high demand for medicinal tonics, which helps in improving appetite and reducing insomnia. The market is further driven by increasing demand for flavored beer and medicinal drugs prepared by hops derivatives.
This report contains market size and forecasts of Hops Derivative in global, including the following market information:
Global Hops Derivative Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Hops Derivative Market Sales, 2017-2022, 2023-2028, (K Tons)
Global top five Hops Derivative companies in 2021 (%)
The global Hops Derivative market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Alpha Acids Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Hops Derivative include YCH HOPS (U.S.), Steiner Hops (U.K.), Kalsec Inc (the U.S.), Charles Faram & Co Ltd (U.K.), Brewers Select Limited (U.K.), New Zealand Hops Limited (New Zealand) and Global Hops (North America), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Hops Derivative manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hops Derivative Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Tons)
Global Hops Derivative Market Segment Percentages, by Type, 2021 (%)
Alpha Acids
Beta Acids
Essential Oils
Flavonoids Other
Global Hops Derivative Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Tons)
Global Hops Derivative Market Segment Percentages, by Application, 2021 (%)
Alcoholic Beverages (Beer)
Pharmaceutical Industry
Others
Global Hops Derivative Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Tons)
Global Hops Derivative Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hops Derivative revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Hops Derivative revenues share in global market, 2021 (%)
Key companies Hops Derivative sales in global market, 2017-2022 (Estimated), (K Tons)
Key companies Hops Derivative sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
YCH HOPS (U.S.)
Steiner Hops (U.K.)
Kalsec Inc (the U.S.)
Charles Faram & Co Ltd (U.K.)
Brewers Select Limited (U.K.)
New Zealand Hops Limited (New Zealand)
Global Hops (North America)
