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.
Stone Brewing Company has filed a motion to recoup attorneys’ fees after winning a $56 million judgment against Molson Coors for trademark infringement, according to court documents filed earlier this week.
Beer Institute president and CEO Jim McGreevy is departing the trade association in early May after eight years to take on a yet-to-be revealed role outside of the beverage-alcohol industry.
Off-premise dollar sales of ready-to-drink canned cocktails (RTDs) and hard seltzers have more than doubled in the past three years, increasing +155% since 2019 (through January 8, 2022), according to NielsenIQ data, shared by the Beer Institute’s (BI) VP of research Danelle Kosmal during a webinar Thursday.
While beer price increases have remained below national inflation, nearly two-thirds of consumers plan to cut back on alcohol spending due to inflation, according to a recent Harris Poll survey commissioned by the Beer Institute (BI) shared by BI VP of research Danelle Kosmal during a webinar Thursday.
Through the first two months of the year, shipments are down -6%, to 23.4 million barrels shipped, according to the Beer Institute (BI), citing domestic tax paid estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Boston Beer Company senior VP of supply chain Quincy B. Troupe will exit the company on April 1, according to a separation agreement filed with the U.S. Securities and Exchange Commission. Fort Bragg, California-headquartered North Coast Brewing Co. has named Chris Hudson its national key accounts director. Detroit, Michigan-based, Molson Coors-owned Atwater Brewery has appointed Katy McBrady as its president, effective April 4, following the departure of former president and owner Mark Rieth in December.
Annie Starke has been named the Beer Institute’s (BI’s) new senior director of federal affairs, the national trade association announced today.
The Brewers Association (BA) published its 2022 beer style guidelines with revisions that included tweaks to several styles and clarifications to language used to describe juicy and hazy beers.
Domestic tax paid estimates from the Alcohol and Tobacco Tax and Trade Bureau shared by the Beer Institute (BI) reveal a slow start to 2022. U.S. brewers shipped 12.3 million barrels of product in January 2022, a 6.2% decline (-815,000 barrels) compared to January 2021’s 13.1 million barrels, according to the estimates shared by the BI.
Cans reached their highest-ever share of Brewers Association-defined (BA) packaged craft beer sold at off-premise retailers in 2021, according to a report from chief economist Bart Watson.
U.S. brewers shipped 169,154,000 barrels of beer in 2021, a 0.1% decline (-233,691 barrels) compared to 2020, according to the Beer Institute (BI), citing domestic tax paid estimates from the Alcohol and Tobacco Trade Bureau.
U.S. brewers shipped 16.4 million barrels of beer in November, a +4.7% increase over November 2020, according to the Beer Institute (BI), citing figures from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
The Beer Institute (BI) has promoted several team members, including Susan Haney, who was elevated to senior VP of public affairs, the trade group announced Wednesday.
Increased aluminum and steel prices continue to hurt beer manufacturers, and equalization efforts by spirits companies threaten the beer industry’s stranglehold of retail cold boxes.
