Imports

‘Imported’ Beer Brands Look to Domestic Production to Meet Consumer Demand

‘Imported’ Beer Brands Look to Domestic Production to Meet Consumer Demand

While beer consumers – particularly core craft fans – once cared more about brand and where a product was made, most bev-alc consumers are now prioritizing price, quality and availability, among other factors. This has caused not only a shift in how craft beer is produced and marketed (hello, contract brewing boom), but also trends in imported beer.

Beer Institute: April Shipments Bounce Back from Steep March Declines

Beer Institute: April Shipments Bounce Back from Steep March Declines

April domestic tax paid shipments declined an estimated -4.3% year-over-year (YoY), to 12.3 million barrels, according to Beer Institute (BI) chief economist Andrew Heritage, citing estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).

BI: Domestic Tax Paids Post Strongest Monthly Growth Since May 2021; Strongest Total February Volume Since 2016

BI: Domestic Tax Paids Post Strongest Monthly Growth Since May 2021; Strongest Total February Volume Since 2016

An estimated 11.9 million barrels of beer were shipped in February, a +7.9% increase year-over-year (YoY), marking the “strongest monthly growth in almost three years, since May 2021,” Beer Institute (BI) chief economist Andrew Heritage wrote in the trade group’s latest round of economic reports, citing estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).

Constellation Brand Targets Adding 100M Cases in Next 5 Years

Constellation Brand Targets Adding 100M Cases in Next 5 Years

Constellation Brands leaders laid out a vision for “dialing up” growth for its portfolio of Mexican import offerings over the next five years during Monday’s opening session of its Gold Network Summit at Caesar’s Palace in Las Vegas.