Us Hops Oil Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Hops Oil Market was valued at USD 0.30 Billion in 2022 and is projected to reach USD 0.56 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The U.S. hops oil market has experienced significant growth, driven by the increasing demand for natural flavoring agents and health-conscious alternatives. Hops, traditionally known for their role in beer production, are now recognized for their essential oils, which are rich in alpha and beta acids responsible for unique flavors and aromas. These oils are utilized across various industries, including brewing, flavoring, and pharmaceuticals. The market was valued at USD 259.4 billion in 2023 and is projected to reach USD 414.7 billion by 2030, growing at a CAGR of 5.4% during the forecasted period from 2024 to 2031. citeturn0search0
In the brewing industry, hops oil is essential for imparting bitterness, aroma, and stability to beer. The rising popularity of craft beers and the demand for distinctive flavors have further propelled the use of hops oil in brewing. Additionally, hops oil is gaining traction in the pharmaceutical and cosmetic industries due to its anti-inflammatory and antioxidant properties. It is increasingly incorporated into skincare products and aromatherapy treatments, catering to the growing consumer preference for natural ingredients. citeturn0search7
Geographically, the United States stands as a leading producer and exporter of hops, significantly influencing the global hops oil market. The U.S. exports a substantial amount of hops, with exports accounting for $20.6 million in November 2024, marking a 37.4% increase from the previous year. This export growth underscores the country's pivotal role in the global hops industry. citeturn0search19
Looking ahead, the U.S. hops oil market is poised for continued expansion. The increasing applications of hops oil in various sectors, coupled with the growing consumer inclination towards natural and organic products, are expected to drive market growth. Innovations in extraction technologies and the development of new applications for hops oil will further enhance its market presence. As the market evolves, stakeholders are advised to monitor industry trends and consumer preferences to capitalize on emerging opportunities.
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Glacier Hops Ranch
Green Acre Farms
Aliksir
Mountain Rose Herbs
Hopsteiner
Hermitage Oils
Denie Brown
BarthHaas
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Hops Oil Market
Brewing Industry
Food and Beverage Industry
Pharmaceuticals
Cosmetics and Personal Care
Aromatherapy
Whole Cone Hops Oil
Pelletized Hops Oil
Liquid Hops Oil
Essential Hops Oil
CO2 Extracted Hops Oil
Organic Hops Oil
Conventional Hops Oil
Steam Distillation
Cold Press Extraction
Solvent Extraction
CO2 Extraction
Beverage Manufacturers
Pharmaceutical Companies
Cosmetic and Personal Care Manufacturers
Aromatherapy Producers
Home Brewers
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Hops Oil Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Hops Oil Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Hops Oil Market, By Type
6. Global Hops Oil Market, By Application
7. Global Hops Oil Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Hops Oil Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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