Hop Pallet is a brewing component used commonly in making beer for commercial and personal purposes. In the year 2000, a journal of Agricultural & Food Chemistry listed hops as anti-oxidant. Later in 2005, Journal of Molecular Nutrition listed Hops as Anti-Infective. Due to its properties, Hops became a critical ingredient in beer production and achieved a significant role in the same. In 1405, Hops was first legalized in Flanders (currently Belgium) which witnessed high growth in production since then. In 1516, REINHEITSGEBOT (German Beer Purity Law) passed a bill in Bavaria State of Germany which requires only water, barley malt, hops, and yeast may be used for crafting beer. This is one of the oldest law still applied globally. Almost all the countries have a market for Hop and Hop Pallet. During the time, many unique Hop Pallet are developed in order to satisfy the taste buds of people and their preferences. Hop Pallet are used to give flavor, aroma, color and taste to a beer when mixed in appropriate proportions during the brewing process. While many factors create overall beer flavors, hops will have the biggest impact on how beer is perceived. Hop pellet is produced by crushing up dried hop flower and pressing them into pellets. Hops are commonly used for bittering and aroma in beer. Hop Pellet have a higher extraction efficiency that Hop flower when it is used for bittering purpose. Hop Pellet is more stable than Hop Flower due to grinding, compression and removal of moisture. Nowadays, Hop pellets is commonly used in commercial brewing and home brewing purposes. Hop Pallet market is strong in Americas and Europe because a large portion of the population consumes beer which is driving the Hop Pallet market. While a large population of APEJ and MEA still don't drink alcoholic beverages which have restricted the Hop Pallet market in these regions. However, countries like India, have shown significant growth in beer consumption; India is the most growing beer market in the world is likely to become next home of many international Hop Pallet producers in next 5 to 10 years. Although, India doesn't produce Hops which create a great opportunity for companies to start producing hops in the country. Apart from India, China and Hong Kong are also one of the most growing markets of Hop Pallet in APEJ region due to their historical relation with beer. Hop Pallet market is expected to witness an escalating demand among the consumers because of its significant use and increasing presence of beer, ale and other beverages throughout the globe.