Global Market Study on Hops Extract: Going an Extra Mile, with Unique Extract Blends


Hop Extracts  Market
  • Published On : Sep-2019 |
  • Pages : 200 Pages |
  • Format :

Hops extract, one of the most used ingredients in the production of alcoholic beverages, provide many benefits to the brewers, and thus, the ratio of application rate is increasing widely. CO2 hops extract plays a key role in the brewing and are the essential ingredients in the manufacturing process. Apart from this, hops extract can increase the final volume of finished products with reduced kettle trub, which is one of the prominent benefits to brewer manufacturers.

In recent years, as demand for new tastes and flavors in alcoholic beverages continues to grow among consumers, which is further complemented by their rising disposable income and modernizing lifestyle. While beer sales have been witnessing healthy growth all around the world, it is highly likely that hops extract consumption will also be on a constant rise over the foreseeable future. The leading hop extract manufacturers are experiencing increased demand for unique and distinct hop extract from brewers and alcoholic beverage manufacturers. Key manufacturers are thus focusing on producing unique ingredients from hop extract to fulfill the heightening demand.

hops extract market

Food Industry – The Next Leg of Growth for Hops Extract Manufacturers

The common hop plant can produce numerous bioactive compounds, such as beta acid. Beta acids have high antibacterial activity against the grams-positive microorganism such as Listeria spp and shows lower bitterness than alpha acids. Listeria spp can lead to foodborne illness and microbial food damages. Fresh and minimally treated food is not protected against bacterial contamination.

Antimicrobial substances can reduce inherent microbiological risk of fresh products and can increase the quality and shelf life of food products. Besides, chemical preservatives are getting rejected by consumers and natural preservatives are favored instead. Owing to that food industry becoming a prominent market for global hops extract market.

Hops Extract Gaining Traction in Cosmetics Industry

Dry skin is a common problem that leaves the skin looking dull, older, and wrinkled, often with a flaky and rough texture. Low levels of certain minerals, vitamins, and nutrients frequently lead to dry skin disorders and common skin complaints. Dry skin can also be initiated owing to several medical circumstances such as thyroid problems, diabetes, and hormonal imbalance. Apart from these issues, continue contact with water and improper practice of soap and gel are other main reasons that can cause dry skin issues.

Hops are considered as a valued ingredient in natural skin care products for treating dry and strained skin. Their soothing properties are also beneficial. Poultices made of hops have been exposed to help through skin staining. Furthermore, in facial products, hops extract is measured as a sedative agent. They are high in tannins, which can help decrease irritation. Also, they indorse decontamination and are beneficial as a natural therapy to flush out contaminants.

Rising Utilization of Hops Extract in the Pharmaceutical Industry  

Hop plants have a strong historical background for being used as a medicinal herb in the leading regions of the world. As of now, science and technology have developed dramatically, several innovations are happening in today’s pharmaceutical industry and medicines are available for almost all kind of illness and diseases. Hops have much use in the pharmaceutical industry, hop ingredients can promote sleep, reduce toxicity, for the treatment of menstrual symptoms, and it provides safety and efficacy in pregnancy fir pregnant ladies.

The demand for natural ingredients is increasing in recent years and hops extract and ingredients are considered as natural ingredients in the pharmaceutical industry. Hops are “Generally Recognized as Safe” (GRAS) status by the U.S. Food and Drug Administration. Owing to all these factors hops extract are becoming a sustainable and safe alternative for the pharmaceutical industry, which is driving the demand for hops extracts in the pharmaceutical industry.

Asia Pacific and Europe Set to Solidify Global Market Positions

Asia Pacific is one of the prominent regions hops extract market owing to the highest number of consumers and huge market space. Asia Pacific is the fastest-growing region based on population and economy. The increasing disposable incomes and inclination towards a modern lifestyle of consumers are driving the growth of alcoholic beverages across Asia Pacific. Manufacturers of alcoholic beverages and brewers are demanding more and more hops extracts with different flavors and tastes, which is leading to the growth of hops extract market in Asia Pacific and is expected to grow at CAGR of ~4% in the forecasted period.

In European countries, hops have a traditional background as medicinal herbs and consumers are highly aware of the benefits of hops extract and ingredients. Besides, Beer is one of the most popular drinks around Europe having an established market. Europe is expected to grow at CAGR of ~3% in the forecast period of global hops extract market.

Analyst’s Viewpoint

A comprehensive view of the global hops extract market has led our analysts to conclude that the market is growing at a stable rate, with Asia Pacific and Europe holding a large chunk of the global consumption of hops extract market. The increasing usage of new and innovative alcoholic beverages is prompting the demand for hops extract. The demand for organic hops extract in all sectors will continue to grow and it will remain for a long time. Technological innovations and adaptation of new technologies by leading market players will give a thrust to the global hops extract market.

Companies with research and development abilities and expertise in the use of technology will gather momentum and effectiveness in the global hops extract market. Leading market players who are adopting an acquisition strategy and investing in research and development will continue to grow and have a vast market revenue share. However, high cost for extraction and processing of hops extract could restrain the growth of the global hops extract market.

The latest market report by Persistence Market Research (PMR) on the global hops extract market evaluates the opportunities and current market scenario and provides insights and updates about corresponding segments involved in the global hops extract market during the forecast period of 2019-2029. The study provides a detailed assessment of the key market dynamics and detailed information about the global hops extract market structure. The detailed market study provides exclusive information about how the global hops extract market will grow during the forecasted period.

The primary objective of the global hops extracts market report is to provide insights into the opportunities in the market that are consistently supporting transformation of global businesses that are associated with hops extract. It is very important to consider that in an ever-wavering economy, we provide the estimated (Y-o-Y) year-on-year growth rate in addition to the compound annual growth rate (CAGR) for the overall forecast, to better understand analysis and evaluation of the global hops extract market, and to discover equitable opportunities.

The study on the global hops extract market also provides an estimation of the global hops extract market and corresponding revenue forecast carried out in terms of absolute dollar opportunity. It also offers actionable insights based on future trends in the global hops extract market. Furthermore, new and emerging businesses in the global hops extract market can make use of the information presented in the study to make wise business decisions, which will provide the momentum to the business as well as hops extract market.

The study is relevant for all the manufacturers, suppliers, distributors, and investors in the global hops extract market. This will provide them required boost to grow in the market. All the stakeholders in the global hops extract market, investors, industry experts, researchers, journalists as well as business researchers can leverage the information and data represented in PMR’s study.

Key Segments of the Global Hops Extract Market

PMR’s study on the global hops extract market offers information divided into 4 important segments - nature, type, application, and region.

Nature

Type

Application

Region

 Organic

 CO2 Extract

  •  Aroma
  • Bitter
  • High Alpha

 Bittering Agent

 North America

 Conventional

 Isomerized Extract

 Aroma Agent

 Latin America

 Oil Extract

 Dual Purpose

 Europe

 APAC

 MEA

Key Questions Answered in PMR’s Global Hops Extract Market

  • Which region will have the highest market share in the global hops extract market over the forecasted period?
  • Which region is experiencing the highest growth (CAGR)?
  • Which factors are impacting the global hops extract market?
  • Which are the global trends in the hops extract market that are impacting the market?
  • What strategies need to adopted by the emerging players in the global hops extract market to capture the opportunities in various regions?
  • What is the market structure of the global hops extract market?

Global Hops Extract Market: Research Methodology

PMR is committed in providing unbiased market research solutions to its clients. PMR follows a robust methodology for deducing the data that is included in this report. The unique research methodology is utilized to conduct extensive research on global hops extract market and reach conclusions on the future growth factors of global hops extract market. The research methodology uses primary research methods coupled with the secondary research methods, which ensures accuracy and reliability of conclusions.

A demand-side approach is followed to estimate sales of target products, followed by an in-depth supply-side assessment of value generated, key trends, and events over a predefined period. This methodology is based on the use of standard market structures, methods, and definitions that are based on inputs from local sources in over seven regions, i.e. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa, which PMR considers for segmenting the global market. Statistics, characteristics, and variances are collected at a regional level, aggregated at the same level, and then synthesized at a worldwide level to create global market measurements. Our main sources of research include,

  • Primary Research
  • Secondary Research
  • Trade Research

Company Profiles

  • John I. Haas, Inc.
  • Aromatrix Flora Pvt. Ltd
  • Bristol Botanicals Limited
  • Aunutra Industries Inc.
  • Yakima Chief Hops LLC
  • BSG Hops
  • Glacier Hops Ranch, Inc.
  • Hopco Pty Ltd
  • New Zealand Hops Ltd
  • Indena S.p.A.
  • Willamette Valley Hops, LLC.
  • Crosby Hop Farm LLC.
  • Xinjiang Elimnatural Hops Co., Ltd
  • Yakima Valley Hops LLC
  • Hollingbery & Son, Inc.
  • Akoma International Ltd
  • Naturalin Bio-Resources Co., Ltd
  • Plantnat Co. Ltd

 

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