Philippines Hops Extract Market (2025-2031) Outlook | Revenue, Industry, Forecast, Size, Value, Growth, Trends, Share, Companies & Analysis

Name: Philippines Hops Extract Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Hops Extract Market, Philippines Hops Extract Market, Philippines Hops Extract Market Revenues, Philippines Hops Extract Market Share, Philippines Hops Extract Market Size, Philippines Hops Extract Market Outlook, Philippines Hops Extract Market Report, Philippines Hops Extract Market Competition, Philippines Hops Extract Market Overview, Philippines Hops Extract Market Trends, Philippines Hops Extract Market Forecast

Market Forecast By Type (Organic Hops Extract, Conventional Hops Extract), By Application (Bittering Agents, Aroma Agents, Dual Purposes) And Competitive Landscape

Product Code: ETC388949	Publication Date: Aug 2022	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Philippines Hops Extract Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The Philippines hops extract import market in 2024 saw a notable increase in shipments from top exporting countries such as Metropolitan France, USA, Germany, China, and Italy. Despite the high Herfindahl-Hirschman Index (HHI) reflecting market concentration, the industry experienced a negative compound annual growth rate (CAGR) of -5.49% from 2020 to 2024. However, there was a remarkable growth rate of 578.25% from 2023 to 2024, indicating potential shifts and opportunities in the market dynamics.

Philippines Hops Extract Market Top 5 Importing Countries and Market Competition (HHI) Analysis

philippines hops extract market Synopsis

Hops extract, though relatively niche, has garnered attention in the Philippines due to the emerging craft beer and brewing industry. With an increasing number of microbreweries and a culture of experimentation, hops extracts are used to impart bitterness, flavor, and aroma to a variety of beer styles. This market`s growth is closely linked to the evolving preferences of consumers seeking unique and distinctive beer options.

Drivers of the Market

The hops extract market in the Philippines is primarily driven by the growing craft beer industry and the increasing consumption of specialty and premium beers. Hops extracts are used for their bittering, flavoring, and aroma-enhancing properties in brewing. As the preference for diverse beer flavors and styles expands, the demand for hops extracts follows suit.

Challenges of the Market

The Philippines hops extract market faces challenges due to the specialized nature of the product and its application in brewing. Hops extracts are used to impart bitterness, flavor, and aroma to beer. Maintaining consistent hop profiles and addressing variations in hop characteristics can be challenging. Brewers need to source hops extracts that align with their desired beer styles while navigating factors such as extract concentration and potential variations between hop varieties.

COVID-19 Impact on the Market

The Philippines hops extract market faced challenges due to disruptions in the brewing and beverage industries caused by the pandemic. With restrictions on social gatherings and the closure of bars, demand for alcoholic beverages decreased. This directly impacted the demand for hops extract, which is commonly used in beer production. Breweries faced production halts and changes in consumer behavior, affecting the market. As restrictions eased and breweries adjusted their operations to cater to changing consumer preferences, the market gradually began to recover.

Key Players in the Market

Hops extract is commonly used in the brewing industry. While hops are not a major agricultural product in the Philippines, some global players in the hops extract market are BarthHaas Group, Charles Faram & Co., and Hopsteiner.

Key Highlights of the Report:

Philippines Hops Extract Market Outlook
Market Size of Philippines Hops Extract Market, 2024
Forecast of Philippines Hops Extract Market, 2031
Historical Data and Forecast of Philippines Hops Extract Revenues & Volume for the Period 2021-2031
Philippines Hops Extract Market Trend Evolution
Philippines Hops Extract Market Drivers and Challenges
Philippines Hops Extract Price Trends
Philippines Hops Extract Porter's Five Forces
Philippines Hops Extract Industry Life Cycle
Historical Data and Forecast of Philippines Hops Extract Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of Philippines Hops Extract Market Revenues & Volume By Organic Hops Extract for the Period 2021-2031
Historical Data and Forecast of Philippines Hops Extract Market Revenues & Volume By Conventional Hops Extract for the Period 2021-2031
Historical Data and Forecast of Philippines Hops Extract Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Philippines Hops Extract Market Revenues & Volume By Bittering Agents for the Period 2021-2031
Historical Data and Forecast of Philippines Hops Extract Market Revenues & Volume By Aroma Agents for the Period 2021-2031
Historical Data and Forecast of Philippines Hops Extract Market Revenues & Volume By Dual Purposes for the Period 2021-2031
Philippines Hops Extract Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Application
Philippines Hops Extract Top Companies Market Share
Philippines Hops Extract Competitive Benchmarking By Technical and Operational Parameters
Philippines Hops Extract Company Profiles
Philippines Hops Extract Key Strategic Recommendations

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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