Product Code: ETC388944 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The hops extract market size for India stood at USD 1 million in 2025 and is expected to register a CAGR of 6% over the forecast period 2025-2031 on account of growing demand for preservatives used as an ingredient across various beverage segments such as beer brewing process worldwide which has created significant opportunities for hop extract producers located in India.
The India hops extract market is driven by the burgeoning craft beer industry and the increasing popularity of beer consumption among the younger population. Hops extracts are used as natural bittering and flavoring agents in beer production. With the rise of microbreweries and the introduction of innovative beer flavors, the demand for hops extracts has grown significantly. Moreover, the growing awareness of the potential health benefits of hops, such as relaxation and sleep improvement, has further propelled the market.
The India hops extract market has grown alongside the rising craft beer industry and the demand for natural flavorings in alcoholic beverages. Challenges in this market include the availability of high-quality hops and the need for advanced extraction technologies to preserve the delicate aroma and bitterness of hops effectively. Additionally, navigating regulations related to alcohol-based products poses hurdles for manufacturers and distributors.
The India hops extract market has been growing steadily, primarily driven by the expanding craft beer industry and the use of hops extracts in various beverages. Hops extracts are also used in the pharmaceutical and cosmetics sectors. The Covid-19 pandemic had a significant impact on the market. The closure of bars and restaurants during lockdowns negatively affected the beer industry, leading to a temporary decline in hops extract consumption.
The India hops extract market has seen growth, primarily driven by the rising craft beer industry and the demand for natural flavors in beverages. Key players in this market specialize in hop extraction and supply to breweries and beverage companies. Major players in the India hops extract market include HopsMaster India, BrewHop Extracts, HoppyBrews Ltd., and CraftyHops.