Seasonal trends for onsite brewery sales have remained relatively consistent since January 2021, but “in real terms” – i.e. accounting for inflation – onsite sales continue to decline, according to Brewers Association (BA) staff economist Matt Gacioch, citing data from Arryved.
Craft beer has entered “no to negative growth territory,” Brewers Association (BA) chief economist Bart Watson said during a year-end webinar last week. “We were in double-digit growth as recently as 2014, 2015, and then we moved into kind of a more developed, slow, single-digit growth rate,” Watson said. “COVID hit, and we had the worst year in craft history in 2020 with a partial bounce back in 2021.
This year will be the first, other than 2020, in which independent breweries’ volume has declined in the modern era of craft beer, according to the Brewers Association’s (BA) 2023 Year in Beer report.
The Brewers Association (BA) has named Bart Watson as the trade group’s next president and CEO. Watson will succeed Bob Pease, who is retiring from the organization, effective January 3. Watson’s first day in the new role will be January 6.
A second straight year of production declines appears likely, with the full-year craft volume number likely to be “weaker than the midyear estimate” of down -2%, the Brewers Association (BA) shared in the trade organization’s 2024 Year in Beer recap.
Total U.S. beer supply was nearly flat in October, after state shipments and domestic tax paids rebounded and increased volume versus October 2023, according to the Beer Institute (BI) in the trade group’s latest round of economic reports.
The Brewers Association announced the results of its board of directors election today. Three candidates were elected to serve three-year terms starting February 2025.
The Brewers Association (BA) has restructured its leadership team and eliminated six positions, the trade organization representing small and independent craft breweries announced Thursday afternoon.
More than a decade after the first states legalized recreational cannabis, the interaction between it and craft beer remains as nebulous as ever. Plus, ss intoxicating hemp beverages proliferate, the Beer Institute recently clarified its positions on the segment.
In the wake of Tuesday’s election, beer industry trade groups are diving into the changes that could be coming and the potential impact on their members, with shifts across the U.S. Senate, House of Representatives and White House.
The U.S.’s total beer supply declined -6.7% year-over-year (YoY) in September, as built-up summer inventories (domestic production plus imports) fell back in line with depletion trends, according to Beer Institute (BI) chief economist Andrew Heritage.
Metal cans have regained the share of beer volume they lost in the prior year, according to the Beer Institute’s (BI) new packaging mix report. Cans accounted for 64.1% of beer volume in 2023, marking a return to the same share they held in 2021 after a slight dip to 62.9% in 2022.
The Beer Institute (BI) has named Caitlin Harder its new director of public affairs.
Lester Jones, chief economist and VP of analytics at the National Beer Wholesalers Association (NBWA), joins the Brewbound team to discuss the importance of the on-premise, and how tides may be shifting in draft beer’s favor. Plus, Brewbound editor Justin Kendall and reporter Zoe Licata also recap the reimagined Great American Beer Festival.
More than 270 breweries and cideries won medals at the Brewers Association’s (BA) Great American Beer Festival (GABF) on Saturday in Denver. The BA awarded 326 medals to 273 competitors in the 38th year of the competition and 42nd year of the festival.
Craft breweries made an average of $1,511.35 in total revenue per barrel of beer sold in 2023, according to the Brewers Association’s (BA) financial benchmarking survey.
U.S. beer shipments declined -7.7% in August 2024, according to domestic tax paid estimates from the Alcohol and Tobacco Tax and Trade Bureau shared by the Beer Institute. Brewers shipped an estimated 13 million barrels in August 2024, down from the 14,080,189 barrels shipped in August 2023.
