South Korea Hops Market Insight
Published: 01 August 2026 | Report Format: Electronic (PDF) | Author: Govind and Krishna
Due to growing demand from the brewing sector and the popularity of craft beer, the South Korean hops market is predicted to develop at compound annual growth rate of 4.5%.
South Korea Hops Market Insights Forecasts to 2035
- The South Korea Hops Market Size Was Estimated USD 41.8 Million in 2025
- The Market Size is Expected to Grow at a CAGR of around 4.5% from 2025 to 2035
- The South Korea Hops Market Size is Expected to rise around USD 64.9 Million by 2035
Notable Insights for the South Korea Hops Market
- According to product type segmentation, the South Korean market is dominated by Cascade hops, which are followed by Chinook, Amarillo, and Centennial kinds.
- According to application segmentation, the South Korean market is dominated by alcoholic beverages, while cosmetics and medical applications are growing steadily.
- Hops imports reached $91,000 in value between April 2023 and April 2024, a 42.2% rise, according to South Korean import data.
- The market for brewing ingredients in South Korea is expanding steadily due to the rising demand for distinctive, tasty brews and craft beers.
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Research Methodologies Used to Analyze the South Korea Hops Market
The market for hops in South Korea is studied using a mix of secondary research methods to provide accurate information about the market and reliable predictions. Primary research involves talking to people who import hops, breweries, makers of drinks, people who sell hops experts in farming and others who work in industry. Tools for figuring out how big the market is, looking at trends and making predictions are used to guess how much the hop market is worth how much it can grow, how prices change, how much the country depends on importing hops and what investment chances there may be in the hops industry, in South Korea.
Decisions Advisors Research Methodology: Trusted Insights for Strategic Decision-Making
What is Decisions Advisors Research?
Decisions Advisors do a lot of research to understand what is happening in the market. They look closely at what's going on in each industry. They also compare companies to see how they are doing. They try to figure out what will happen in the future with trends and they use data to help businesses make decisions.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea hops market, along with a comparative evaluation primarily based on their product of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
Top Companies in South Korea Hops Market
- Yakima Chief Hops
- HopEden
- Seoul Brewery
- Amazing Brewery
- Playground Brewery
- HiteJinro
- AB InBev (OB)
- Kalsec Inc.
- BarthHaas Group
- Steiner Hops Ltd.
Recent Developments:
- In February 2025, a special beer that is an IPA was released. This beer uses smelling hops. The beer is meant for people who like craft beer in South Korea.
- In January 2025, the availability of beer for Korean craft breweries improved. This was done by working with a distributor. The goal was to bring expensive hops to different parts of Asia.
Market Segmentation:
South Korea Hops Market, By Product Type
- Cascade Hops
- Chinook Hops
- Amarillo Hops
- Centennial Hops
South Korea Hops Market, By Form
- Whole Leaf Hops
- Pellet Hops
- Hop Extracts & Oils
South Korea Hops Market, By Application
- Alcoholic Beverages
- Cosmetics & Personal Care
- Medicinal & Nutraceutical
- Others
Expert Views:
The South Korea hops market is getting ready to grow. This growth is because more people are drinking craft beer. There is also need for high-quality ingredients used in making beer. All these things help the market stay strong. Even though South Korea still needs to bring in most of its hops from countries more money being put into the industry and having more types of products will offer good chances for growth, in the future.
Author: Govind and Krishna By Decisions Advisors and Consulting