Top Hops Companies

Global Hops Market size was valued at USD 10.47 Billion in 2024 and is poised to grow from USD 11.18 Billion in 2025 to USD 18.93 Billion by 2033, growing at a CAGR of 6.8% during the forecast period (2026–2033). 

The global hops market is characterized by intense competition among key players vying for market share. The competitive landscape is diverse, encompassing large multinational corporations, regional players, and small-scale hop growers. These companies focus on strategies such as product innovation, partnerships, and mergers and acquisitions to strengthen their market position. They invest in research and development to introduce new hop varieties and improve cultivation techniques. Additionally, companies are expanding their production capacities and distribution networks to cater to the growing demand for hops globally. 'Anheuser-Busch InBev (Belgium) ', 'Molson Coors Beverage Company (USA) ', 'SABMiller (United Kingdom) ', 'Heineken N.V. (Netherlands) ', 'Carlsberg Group (Denmark) ', 'Cargill, Inc. (USA) ', 'Yakima Chief Hops (USA) ', 'Hopsteiner (USA) ', 'Royal Grolsch (Netherlands) ', 'BASF SE (Germany) ', 'BrewDog (United Kingdom) ', 'Haas Hops (USA) ', 'Green Valley Hops (USA) ', 'Horizon Hops (USA) ', 'Willamette Valley Hops (USA) ', 'The Boston Beer Company (USA) ', 'Pivovar Budvar (Czech Republic) ', 'Kirin Holdings Company, Limited (Japan) ', 'Asahi Group Holdings (Japan) ', 'Diageo (United Kingdom) '

In recent years, there has been a significant shift in consumer tastes and preferences, with an increasing demand for unique flavors and aromas in beer. Craft breweries and microbreweries have emerged as major players in the beer industry, focusing on producing small batches of high-quality beer with distinct hop profiles. This trend has created a strong demand for hops, as brewers seek to incorporate different hop varieties to achieve the desired flavors and aromas in their products.

Increasing demand for organic and sustainably produced hops: With the growing consumer emphasis on health, sustainability, and environmental consciousness, there is a rising preference for organic products across various industries, including the beer and brewing sector. Consumers are seeking beer made with organic ingredients, including organic hops, due to concerns over pesticide residues and environmental impact. In response to the demand for sustainably produced hops, some hop growers are also implementing sustainable farming practices, focusing on water conservation, energy efficiency, and waste reduction.

North America represents the largest market region for hops. The region has a well-established craft beer culture and a strong presence of microbreweries and craft breweries. The US, in particular, has witnessed a surge in the demand for craft beer, which has driven the consumption of hops. The craft beer movement, with its emphasis on unique flavors and high-quality ingredients, has created a favorable environment for the growth of the hops market in North America. Additionally, the region is home to several major hops-producing states, such as Washington, Oregon, and Idaho, which contribute significantly to the overall supply of hops.