Global Hop Market. Analysis And Forecast to 2025
This report provides an in-depth survey of the global hop market. Within it, you will find out the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast outlines the market projections through 2025.
Countries coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States, China, Japan, Germany, United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia, Switzerland, Sweden, Nigeria, Poland, Belgium, Argentina, Norway, Austria, Thailand, United Arab Emirates, Colombia, Denmark, South Africa, Malaysia, Israel, Singapore, Egypt, Philippines, Finland, Chile, Ireland, Pakistan, Greece, Portugal, Kazakhstan, Algeria, Czech Republic, Qatar, Peru, Romania, Vietnam) + the largest producing countries.
• Hop market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Global hop production, split by region and country;
• Global hop trade (exports and imports);
• Producer, export and import prices for hop;
• Hop market trends, drivers and restraints;
• Key market players and their profiles.
Reasons to buy this report:
• Take advantage of the latest data;
• Find deeper insights into current market developments;
• Discover vital success factors affecting the market.
Global hop production amounted to 141 thousand tonnes in 2015, rising by +6.5% against the previous year level. Overall, the global hop output pursued a pronounced growth from 2007 to 2015. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The total output figures increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2014, when the output figure increased by +13% from the previous year level. Over the period under review, the global hop production attained its maximum volume of 142 thousand tonnes in 2008. From 2009 to 2015, the total hop output growth failed to regain its strength.
Over the analyzed period, an increase in global hop production was primarily driven by growth of beer consumption and growth of Asian population. Furthermore, these key drivers are expected to continue promoting the hop output in the immediate term. This general positive trend was largely conditioned by a measured expansion of the harvested area and a moderate improvement of the yield figures.
The world hop harvested area amounted to 86 thousand ha in 2015, which was 3.8% more than the previous year figure. The harvested area indicated a slight increase over the period under review, representing a compound annual growth rate of +0.7% from 2007 to 2015. This trend pattern was relatively stable throughout the analyzed period. Over the period under review, the total hop harvested area peaked in 2015, and is likely to continue its expansion in the immediate term, following rising demand for hop globally.
The global average hop yield amounted to 16 thousand hg/ha in 2015, rising by 2.7% from the previous year figure. The yield figures recorded an upward trend over the period under review, with a compound annual growth rate standing at +0.7% from 2007 to 2015. These yield figures maintained, all in all, a stable trend pattern throughout the analyzed period. The highest hop yields were recorded in 2011, when it peaked at 17 thousand hg/ha. Afterwards, it decreased slightly and then fluctuated around these levels throughout the analyzed period.
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