Hops are one of the major ingredient used in the beer. The researchers are testing new methods for growing hops indoors, using LED lights to optimize growing conditions, make better beer. LEDs produce the perfect light on the spectrum to replace sunlight leading to decreased rooting time leading to faster growth cycles over the calendar year. And preliminary results indicate that the essential oils (the portion that produces the taste) in the hops appear to be much higher when they are grown in the greenhouse. The acids that give the hops bitterness may also be elevated.
This report contains market size and forecasts of Hops LED Lighting in global, including the following market information:
Global Hops LED Lighting Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Hops LED Lighting Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Hops LED Lighting companies in 2021 (%)
The global Hops LED Lighting market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Top-Light Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Hops LED Lighting include Philips, Osram, Everlight Electronics, Hubbell Lighting, Cree, General Electric, Gavita, Kessil and Fionia Lighting, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hops LED Lighting manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hops LED Lighting Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Hops LED Lighting Market Segment Percentages, by Type, 2021 (%)
Top-Light
Vertical Light
Global Hops LED Lighting Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Hops LED Lighting Market Segment Percentages, by Application, 2021 (%)
Commercial Hops Greenhouse
Indoor and Vertical Farming
Home Gardens
Global Hops LED Lighting Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Hops LED Lighting Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hops LED Lighting revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Hops LED Lighting revenues share in global market, 2021 (%)
Key companies Hops LED Lighting sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Hops LED Lighting sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Philips
Osram
Everlight Electronics
Hubbell Lighting
Cree
General Electric
Gavita
Kessil
Fionia Lighting
Illumitex
Lumigrow
Valoya
Cidly
Heliospectra AB
Ohmax Optoelectronic