Global Hops Extract Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Hops Extract Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Hops Extract were extracted from the female floral motifs of HumuluslupulusL, a moraceae plant. It has the functions of anti-tumor, anti-oxidation, anti-bacteria and eliminating free radicals in the body. It can be used as a food additive to prevent food corruption, and can be used as an antioxidant in medicine, cosmetics, health food and food. Since hops were added to beer brewing in the 12th century, its main use is still in beer brewing.

Market Overview:

The latest research study on the global Hops Extract market finds that the global Hops Extract market reached a value of USD 103.09 million in 2022. It’s expected that the market will achieve USD 137.34 million by 2028, exhibiting a CAGR of 4.9% during the forecast period.

Hops Extract products can better preserve the active ingredients in hops

Hops are a seasonal crop and an essential ingredient in beer, which gives beer its characteristic aroma and bitterness. However, due to the seasonality of hops and the generally remote origins, breweries spend a lot of transportation and freezing storage costs every year, and the quality of hops decreases with the extension of storage time, and the utilization rate of active ingredients in hops is low. Therefore, it is very necessary to extract effective components from hops to facilitate preservation, reduce transportation costs and improve utilization. Among them, Hops Extract is the most important one. Hops Extract products not only improve the utilization of the active ingredients in hops, but also make the brewed beer have better foam and flavor.

The planting of raw materials is greatly affected by the season and the environment

The raw material of Hops Extract products is hops, and hops are agricultural products. Its output, price, and quality are affected by natural conditions such as climate, soil, and light. There are large uncertain factors, and there are certain risks in the stable supply of raw materials.

Some ingredients in Hops Extract may have negative effects on certain groups of people

Hops Extract has strong estrogenic effect, and the estrogenic activity of Hops Extract mainly comes from its beta-acid part. Due to a lack of research on its effects, Hops Extract should not be used by children under the age of 3 or by women who are pregnant or breastfeeding.
Additionally, although some preliminary evidence suggests that Hops 8-prenylnaringenin has anticancer activity, it may stimulate the growth of tumors with female sex hormone receptors (estrogen-positive) and interfere with certain tumors due to its ability to bind to estrogen receptors Breast cancer treatment. Hops 8-prenylnaringenin alters the production and effects of female sex hormones, which can lead to fertility problems in premenopausal women. Therefore, young women may want to avoid high dosages of phytoestrogen supplements over extended periods. Therefore, these factors will restrain the Hops Extract market development of.

Region Overview:

Geographically, Europe held the largest market share – 32.13% in 2022.

Company Overview:

Barth-Haas Group is one of the major players operating in the Hops Extract market, holding a share of 20.52% in 2023.

Segmentation Overview:

As for product types, the CO2 Extract segment held the largest market share in 2022.

CO2 Extract

CO2 Extract is created by the extraction of hop pellets with food-grade carbon dioxide in to a liquid form. The results are a viscous extract that contains high concentrations of alpha acids, beta acids, and essential oils.

Isomerized Extract

Isomerized Extract contains primarily isomerized alpha acids, beta acids, and hop oils. Isomerized Extract is produced from generic or variety specific CO2 extract.

Oil Extract

Oil extracts are typically distilled and concentrated to preserve the delicate hop oils.

Application Overview:

The market's largest segment by application is the segment Offline, with a market share of 79.37% in 2022.

Key Companies in the global Hops Extract market covered in Chapter 3:

Hopsteiner
Kalsec Inc.
Aunutra Industries Inc.
Bristol Botanicals Limited
Barth-Haas Group
Totally Natural Solutions
BSG Hops
Indena S.p.A.
New Zealand Hops Ltd
Glacier Hops Ranch, Inc.
AROMATRIX FLORA PVT. LTD.
Xinjiang Elimnatural Hops Co., Ltd

In Chapter 4 and Chapter 14.2, on the basis of types, the Hops Extract market from 2018 to 2029 is primarily split into:

CO2 Extract
Isomerized Extract
Oil Extract
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Hops Extract market from 2018 to 2029 covers:

Online
Offline

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)