Pellet Hops Market Size in 2022, Trends, SWOT analysis, Rapid growth Forecast to 2028

Hops are one of the major ingredients used in the beer. Pellet Hops are produced by grinding up the whole hop cones and pressing them into pellets.Report OverviewDue to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Pellet Hops estimated at USD million in the year 2022, is projected to reach a revised size of USD million by 2028, growing at a CAGR of percent during the forecast period 2022-2028.The USA market for Pellet Hops is estimated to increase from USD million in 2022 to reach USD million by 2028, at a CAGR of percent during the forecast period of 2023 through 2028.The China market for Pellet Hops is estimated to increase from USD million in 2022 to reach USD million by 2028, at a CAGR of percent during the forecast period of 2023 through 2028.The Europe market for Pellet Hops is estimated to increase from USD million in 2022 to reach USD million by 2028, at a CAGR of percent during the forecast period of 2023 through 2028.The global key manufacturers of Pellet Hops include Hopsteiner, Roy Farms, Hop Head Farms, Yakima Chief Hops, High Wire Hops, Crosby Hop Farm, Glacier Hops Ranch, Hops Direct Puterbaugh Farms and John I. Haas, etc. In 2021, the global top five players had a share approximately percent in terms of revenue.In terms of production side, this report researches the Pellet Hops production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.In terms of sales side, this report focuses on the sales of Pellet Hops by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.