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.
Changes are coming to this year’s Great American Beer Festival (GABF) in Denver, including one fewer session, a new floor plan and the ability to pour canned cocktails and pretty much any other product.
Just over half of the Brewers Association’s (BA) top 50 craft breweries recorded production volume declines in 2023, according to data from the May/June issue of the trade group’s New Brewer Magazine.
Infinite Ingredient founder and executive director Katie Muggli joins the Brewbound Podcast to discuss burnout in the brewing industry, how to recognize it, and what resources are available for both industry leaders and individuals.
The Brewers Association (BA) is prioritizing legislative efforts that widen craft brewers’ market access as the segment faces a challenging sales environment and narrowing distribution routes, BA general counsel Marc Sorini said during a presentation at the Craft Brewers Conference (CBC) last month in Las Vegas.
Domestic tax paid shipments declined an estimated -13.6%, to 12.7 million barrels, marking a loss of more than 1.9 million barrels in March 2024 versus March 2023, according to Beer Institute chief economist Andrew Heritage, citing estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
While craft finished 2023 in decline, Black-owned craft breweries were able to grow, according to National Black Brewers Association (NB2A) executive director Kevin Asato in a press conference Wednesday during the Craft Brewers Conference in Las Vegas.
For craft breweries to return to growth, they have to do more than just make great beer, Brewers Association (BA) chief economist and VP of strategy Bart Watson said during his state of the industry address Tuesday on Day 2 of the Craft Brewers Conference (CBC) in Las Vegas.
The 2024 Craft Brewers Conference (CBC) and BrewExpo America will take place from April 21-24 in Las Vegas, Nevada, hosted by the Brewers Association (BA).
The Craft Brewers Conference (CBC) was the first industry event I ever attended, so I see it as the unofficial start to a new year. It’s also a great pulse check on how the industry – and all the folks you catch up with – have changed and evolved since the last CBC.
“Beer is a culture as much as anything else, and we need to do a better job of reminding policymakers,” Justin Kissinger, president and CEO of the World Brewing Alliance, told attendees Tuesday at the National Beer Wholesalers Assocation’s (NBWA) annual Legislative Conference in Washington, D.C.
The country’s five largest craft brewers by volume in 2023 remain unchanged from 2022, according to the Brewers Association (BA), which released its annual craft brewery production report today.
Small and independent craft brewery production totaled around 23.4 million barrels in 2023, a -1% decline compared to 2022, the Brewers Association (BA) reported today.
A pair of alcohol-adjacent bills have been introduced in the Colorado Legislature. One (SB24-181) seeks to create a tax on beverage-alcohol products distributed in the state to fund “alcohol and related substance use disorder prevention, early intervention, treatment, harm reduction and recovery services” across Colorado.
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).
