The hops cultivation area worldwide had risen by 9 percent compared to the previous years and the volume harvested is 111,911 metric tonnes. Production recovered by approximately 28 percent from previous years record-breaking low harvest. Europe was the highest hops producer contributing 55 percent market share. Germany is one of the largest exporters of hops, and the U.S. is the second largest importer. The global supply of adjuncts has been growing, due to the increasing population leading to a rise in consumption.
The report covers an elaborate market overview, supply-demand analysis, production analysis and trade dynamics of the regions of Germany, Czech Republic, Poland, Slovenia, England, and the U.S. The report provides an industry analysis of the craft brewing industry growth and challenges along with Porter's Five Force Analysis on the hops and adjuncts global market. It covers detailed supplier profiles of some of the key global suppliers such as Barth Haas, Kalsec, Hopsteiner, Watertown Hops, and Yakima Valley Hops.
Beroe gathers intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources can include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.
Category Intelligence on Hops and Adjuncts covers the following
The growth of hops varies across regions, due to difference in prevailing climatic conditions, change in demand, preference of variety of hops, etc. The US and Poland were the only two countries with increased growth in 2015 compared to 2014, with a growth rate of 12.2 percent and 7.8 percent, respectively.
Germany and the US are the top importers and exporters, due to the demand of a variety of hops, which are cultivated by one and required by the opposite country. Both countries trade hops for this reason and are the top trading countries
Hop orchards start yielding after 4–6 years. The first phase mainly has cost spend, focused on the facilitation of growing the crop, while the harvest and post harvest, which is considered the second phase, have processing costs, such as drying and pelleting, which occupies over 61 percent of the cost.
Key Price Drivers (2016)
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