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.
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).
The Brewers Association (BA) announced the recipients of its 2024 awards yesterday, recognizing individuals for their contributions to the craft brewing industry.
What do an outdoor apparel company and craft beer have in common? Dedication to brand values, quality and community impact, despite the ebbs and flows of the market, according to L.L. Bean president and CEO Stephen Smith.
Leaders of the National Black Brewers Association (NB2A) shared their experiences as Black brewery owners during the final Tap Talk of the California Craft Beer Summit last week in Sacramento.
A majority of legal-drinking-age (LDA) consumers believe that states need to allow for direct-to-consumer (DTC) shipping of beer, according to a survey conducted by The Harris Poll on behalf of Sovos ShipCompliant, a bev-alc shipping and distribution compliance company.
California craft breweries may soon have an easier time selling their beer at special events beyond their taproom walls, thanks to the California Craft Brewers Association’s (CCBA) sponsored bill in 2024. AB 2174 would “authorize a licensed beer manufacturer to apply for, and the department to issue, a beer caterer’s permit for the sale of beer manufactured by or for the licensee for consumption at specified locations and events, including, among others, conventions, sporting events, and trade exhibits.”
