The majority (29) of the Brewers Association’s (BA) top 50 craft breweries declined in volume in 2022, according to data in the May/June 2023 edition of the trade group’s New Brewer Magazine.
The Brewers Association (BA) has shared its rankings of the top 50 independent craft breweries by sales volume, with U.S. craft brewers under the trade group’s small and independent brewery definition collectively producing 24.3 million barrels of beer and gaining 0.1% share of the overall beer market by volume to claim 13.2% share.
Halfway through 2019, volume growth for small and independent U.S. craft brewers has remained steady at 4 percent, according to data released today by national trade group the Brewers Association (BA). BA chief economist Bart Watson, in a press release, characterized craft brewers’ low- to mid-single-digit craft brewer volume growth as “a similar pattern” to recent years.
Tickets for the 2019 Great American Beer Festival (GABF) are still available a day after going on sale to the public, despite the event’s history of quick sell outs. The slowdown in ticket sales for the Brewers Association’s (BA) largest consumer-facing event of the year, which takes place October 3-5 at the Colorado Convention Center in Denver, comes as craft beer volume growth has slowed to single digits over the last four years.
It’s an age-old question: What does a “craft beer drinker” look like? According to market research firm Nielsen, which presented findings from its newest “Craft Beer Insights Poll” (CIP) during a Brewers Association-sponsored webinar last week, the average weekly craft beer drinker is primarily male, between the ages of 21 and 44, and makes between $75,000 and $99,000 annually. However, those demographics are beginning to shift among less frequent consumers of craft, with 79 percent of women considering themselves monthly drinkers.
The Brewers Association (BA) has severed ties with longtime New York-based PR firm The Rosen Group. The Colorado-headquartered not-for-profit trade association representing small and independent U.S. craft brewers today announced it has chosen Backbone Media as its new public relations agency of record. Backbone, based in Carbondale, Colorado, supplants The Rosen Group, which had served as the BA’s public relations firm for more than a decade.
The Brewbound team hit the 2019 SAVOR event to ask several brewery owners — including James Beard Award winners Sam Calagione of Dogfish Head Craft Brewery and Rob Tod of Allagash Brewing Company — and other industry stakeholders how SAVOR and events like it help elevate the beer category.
In this week’s Last Call: Heineken makes a minority investment in Amsterdam’s Oedipus; Bumble announces plans to open a brick-and-mortar bar in SoHo; the SEC lifts its ban on alcohol sales at sporting events; the future of Breckenridge’s brewpub is uncertain; and more news.
Alcohol producers’ efforts to make excise tax relief permanent reached another milestone today, as a majority of Congress now supports the Craft Beverage Modernization and Tax Reform Act (CBMTRA). In a joint announcement, seven alcohol industry trade groups said a bill to permanently enact tax cuts for alcohol producers and importers now has 218 co-sponsors in the U.S. House of Representatives.
More than half of the top 50 Brewers Association-defined craft brewing companies didn’t grow in 2018, according to data published in the May/June edition of the not-for-profit trade group’s New Brewer magazine. It’s the third consecutive year that at least half of the top 50 regional craft brewing companies — those producing between 15,000 and six million barrels of beer a year — didn’t grow. In 2018, 28 of the top 50 small and independent breweries either declined or remained flat. In fact, just seven companies in the top 20 posted mid-to-low single-digit growth.
In this week’s edition of Last Call: Brewers Association CEO Bob Pease weighs in on the Boston Beer-Dogfish Head deal; Rob Tod wins a James Beard award; Bell’s and Loveland head to arbitration; the Texas Senate strips to-go-sales amendment from a bill; and more industry news.
A growing number of U.S. craft breweries are not locking in long-term hops contracts and that leaves those companies vulnerable as supply tightens, according to industry trade group the Brewers Association (BA), which surveyed 250 members to gain insight into how beer makers are managing one of the industry’s most important raw materials.
Slower growth and increased competition are the “new normal,” Brewers Association (BA) leaders hammered home on the second day of the trade group’s annual Craft Brewers Conference (CBC). “This is not a blip,” BA chief economist Bart Watson said during Wednesday’s State of the Industry presentation. “This is the new normal.”
Leaders with the Brewers Association (BA) opened Tuesday’s opening session of the Craft Brewers Conference in Denver by soliciting donations for its new political action committee (PAC). Their goal? To make permanent the excise tax cuts in the Craft Beverage Modernization and Tax Reform Act (CBMTRA), which are slated to expire at the end of the year.
The Brewers Association’s (BA) biggest event of the year, the Craft Brewers Conference (CBC) & BrewExpo America, officially kicks off Tuesday in Denver. With more than 70 educational seminars and tons of networking opportunities (and parties), CBC can be daunting. To help attendees plan their schedules effectively, Brewbound has picked eight seminars that shouldn’t be skipped.
In this week’s edition of Last Call: Deschutes tells Roanoke city officials it is unlikely to build a production facility by a 2021 deadline; Trillium spends $13 million to acquire Canton real estate; Deschutes hires ex-Dogfish Head VP of marketing; BrewDog shares Q1 highlights; and more industry news.
