Global Wet Hops
Market Report
2025
The global Wet Hops market size will be USD 8691.5 million in 2024. Increasing Popularity of Craft Beer Production is expected to boost sales to USD 13956.64 million by 2031, with a Compound Annual Growth Rate (CAGR) of 7.00% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Wet Hops market size will be USD 8691.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Wet Hops Market Sales Revenue | $ 8691.5 Million | 121212 | 121212 | 121212 | 7% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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Country Analysis |
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Wet Hops Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The wet hops market is a niche segment within the global hop industry, catering primarily to craft breweries and speciality beer producers. Wet hops, also known as "fresh hops," are harvested and used within a short window of time to impart unique and vibrant flavours to beers. Unlike dried hops, which are processed for long-term storage, wet hops are used immediately after harvest, usually in the fall, to preserve their natural freshness and aromatic qualities. This makes them a prized ingredient for brewers seeking distinctive seasonal beers, often contributing to floral, herbal, and resinous notes. The demand for wet hops is driven by the growing popularity of craft beer, consumer preference for fresh ingredients, and an increasing number of breweries experimenting with limited-edition brews. However, their seasonal availability, high costs, and logistical challenges limit their widespread adoption, making them a speciality product in the beer production industry.
The increasing demand for craft beer is a major driving factor for the wet hops market. Craft brewers are constantly experimenting with new flavours and brewing techniques, and wet hops offer a unique and fresh flavour profile that appeals to this trend. Wet hops, harvested and used immediately after picking, preserve a vibrant aroma and taste that dry hops cannot replicate. As the craft beer industry expands globally, particularly in North America and Europe, brewers are seeking more distinctive, high-quality ingredients like wet hops to differentiate their products. This trend has led to a rise in wet hop cultivation and processing, boosting market growth. Additionally, consumer preferences for innovative and seasonal beer styles, such as wet hop ales, further drive demand for fresh hops, thereby supporting the market's expansion.
There is a growing consumer and industry shift toward sustainable sourcing and local ingredients, which is benefiting the wet hops market. Wet hops are often sourced locally and have a shorter supply chain compared to dried hops, reducing transportation costs and carbon footprints. As breweries and consumers alike prioritize sustainability, wet hops provide an environmentally friendly alternative. This trend is especially noticeable in the context of locally crafted beers, where regional hops are promoted for their fresh and unique qualities. Moreover, the seasonal nature of wet hops, which are harvested once a year, supports the idea of local, fresh, and limited-edition beer releases, further appealing to eco-conscious consumers. This focus on sustainability not only drives the demand for wet hops but also fosters stronger relationships between local hop growers and breweries, helping to fuel market growth.
The transportation and storage of wet hops are costly due to their perishable nature. Unlike dried hops, which can be stored and transported over long distances without compromising quality, wet hops require immediate processing or refrigeration to preserve their freshness. This increases transportation costs and limits their market reach, especially for breweries located far from hop-growing regions. Additionally, maintaining the cold chain during shipping and storage adds significant operational expenses for both producers and brewers. This high cost associated with wet hop usage can deter smaller craft breweries or those in regions without direct access to fresh hops from using them, limiting overall market expansion.
The COVID-19 pandemic significantly impacted the wet hops market, primarily through disruptions in supply chains and logistics. Restrictions on travel and movement, along with temporary closures of processing plants and breweries, delayed the harvesting, processing, and distribution of wet hops. The reduced workforce and social distancing measures further exacerbated these delays, limiting the availability of fresh hops for breweries. Additionally, many breweries faced financial constraints due to reduced consumer spending and bar closures, leading to lower demand for premium wet hop products. Despite this, some craft breweries pivoted to producing and promoting homebrewing kits, which helped sustain demand for wet hops. However, the overall market faced challenges in adapting to the sudden changes, slowing down growth during the pandemic.
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The wet hops market is highly competitive, driven by a mix of large hop growers and smaller, craft-focused producers. Key players leverage strong distribution networks and established relationships with breweries. Craft hop farms, particularly in the US and Europe, cater to niche markets with unique varieties of wet hops. Competition is intensified by the growing demand for craft beers and innovative brewing techniques. These players focus on quality, seasonal availability, and direct partnerships with breweries to maintain a competitive edge in the market.
Top Companies Market Share in Wet Hops Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America currently dominates the Wet Hops market, and the region is expected to have significant growth during the projected period. This is due to its strong hop-growing regions, particularly in the Pacific Northwest, which supplies a large portion of the world's wet hops.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). Rising disposable incomes, changing consumer preferences toward premium products, and a growing beer culture drive demand for fresh, high-quality hops.
The current report Scope analyzes Wet Hops Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Wet Hops market size was estimated at USD 8691.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 3476.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
According to Cognitive Market Research, the global Wet Hops market size was estimated at USD 8691.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 2607.45 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.
According to Cognitive Market Research, the global Wet Hops market size was estimated at USD 8691.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 1999.05 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
According to Cognitive Market Research, the global Wet Hops market size was estimated at USD 8691.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 434.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
According to Cognitive Market Research, the global Wet Hops market size was estimated at USD 8691.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 173.83 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031..
Global Wet Hops Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Wet Hops Industry growth. Wet Hops market has been segmented with the help of its Type Outlook:, Application Outlook: Distribution Channel Outlook:, and others. Wet Hops market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Wet Hops Market?
According to Cognitive Market Research, cascade hops are likely to dominate the Wet Hops Market over the forecast period due to their distinctive aroma and flavour profile, characterized by citrus, floral, and grapefruit notes, which are highly sought-after by craft breweries. Their popularity in American Pale Ales and IPA-style beers makes them a staple in wet hop brewing, ensuring consistent demand.
The chinook hop is the fastest-growing segment in the Wet Hops Market due to its distinct, bold flavour profile, which combines pine, spice, and citrus notes. Their versatility in brewing and popularity among craft breweries seeking unique seasonal beers have driven increased demand, making Chinook a top choice for wet hop brews.
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According to Cognitive Market Research, the alcoholic beverage segment holds the largest share of the market as brewers seek fresh hops for unique, seasonal flavours. Wet hops enhance beer aroma and taste, offering distinct profiles sought after by craft breweries. The growing demand for innovative beers fuels the primary consumption of wet hops in the alcohol industry.
In the Wet Hops Market, the pharmaceutical sector has been expanding at a rapid pace due to increasing interest in the medicinal properties of hops, such as their calming, anti-inflammatory, and antioxidant effects. These benefits are driving demand for hop extracts in natural health products, supplements, and alternative medicine, expanding the market's scope.
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According to Cognitive Market Research, the large enterprises segment holds the largest market share through established supply chains, extensive cultivation, and processing capabilities. Their global distribution networks ensure consistent, high-quality supply to large-scale breweries. By leveraging economies of scale, they can meet demand efficiently while investing in research and development to offer diverse hop varieties.
In the Wet Hops market, the rapidly growing sector is the SME category due to the rise of craft breweries and homebrewing trends. These smaller-scale producers prioritize fresh, unique ingredients, often seeking locally sourced wet hops to create distinctive seasonal beers, driving demand and fostering market growth.
Research Associate at Cognitive Market Research
Pratik Shirsath is an accomplished Research Analyst with extensive expertise in the agriculture sector, bringing over one years of experience in market research and analysis. Pratik specializes in secondary research, competitive benchmarking, and data-driven insights that empower organizations to make strategic decisions and achieve their goals.
In his current role, Pratik leads research projects focused on the agriculture sector, driving initiatives that identify emerging market trends, assess competitive landscapes, and uncover growth opportunities. His proficiency in designing effective research methodologies and translating complex data into actionable strategies has consistently supported his organization’s objectives.
Pratik's dedication to delivering high-quality research and his in-depth knowledge of the agriculture industry have made him a trusted resource for his team and stakeholders. Passionate about innovation and sustainability in agriculture, he remains committed to advancing his expertise to navigate the evolving challenges and opportunities in the sector.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type Outlook: | Amarillo Hops, Cascade Hops, Centennial Hops, Chinook Hops |
Application Outlook: | Alcoholic Beverages, Pharmaceuticals, Cosmetics, Others (Food Animal Feeds etc.) |
Distribution Channel Outlook: | Large Enterprises, SMEs |
List of Competitors | Hopsteiner, Roy Farms, Tavistock Hop Company, Hop Head Farms, Yakima Chief Hops, High Wire Hops, Crosby Hop Farm, Glacier Hops Ranch, Hops Direct Puterbaugh Farms, John I. Haas, Charles Faram |
This chapter will help you gain GLOBAL Market Analysis of Wet Hops. Further deep in this chapter, you will be able to review Global Wet Hops Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Wet Hops. Further deep in this chapter, you will be able to review North America Wet Hops Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Wet Hops. Further deep in this chapter, you will be able to review Europe Wet Hops Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Wet Hops. Further deep in this chapter, you will be able to review Asia Pacific Wet Hops Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Wet Hops. Further deep in this chapter, you will be able to review South America Wet Hops Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Wet Hops. Further deep in this chapter, you will be able to review Middle East Wet Hops Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Wet Hops. Further deep in this chapter, you will be able to review Middle East Wet Hops Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Wet Hops. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Outlook: Analysis 2019 -2031, will provide market size split by Type Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Outlook: Analysis 2021 - 2033
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Chapter 11 Market Split by Application Outlook: Analysis 2021 - 2033
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Chapter 12 Market Split by Distribution Channel Outlook: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Wet Hops market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Amarillo Hops have a significant impact on Wet Hops market? |
What are the key factors affecting the Amarillo Hops and Cascade Hops of Wet Hops Market? |
What is the CAGR/Growth Rate of Alcoholic Beverages during the forecast period? |
By type, which segment accounted for largest share of the global Wet Hops Market? |
Which region is expected to dominate the global Wet Hops Market within the forecast period? |
Segmentation Level Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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