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.
U.S. brewers shipped an estimated 14.6 million barrels of beer in August 2022, a 2.4% increase compared to August 2021, according to the Beer Institute (BI), citing domestic tax paid estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Heineken UK has acquired full ownership of Beavertown Brewery, four years after purchasing a minority share in the London-based company.
Beer inventory in wholesalers’ warehouses is at risk of expiring in the next 30 days, according to the National Beer Wholesalers Association (NBWA) August edition of the Beer Purchasers’ Index (BPI).
The Virginia Craft Brewers Guild (VCBG) could be in the beer distribution business by next summer, it announced last week.
More than two years after announcing her retirement, craft brewing pioneer Carol Stoudt’s eponymous German-inspired brand will be returning to Pennsylvania draft lines in time for Oktoberfest season through a licensing partnership with Philadelphia-based Evil Genius Beer Company.
U.S. brewers shipped an estimated 16 million barrels of beer in June 2022, a -3.3% decline (or -540,652 barrels of beer) compared to June 2021, the Beer Institute reported, citing domestic tax paid shipments from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Anheuser-Busch InBev (A-B) will lay off 142 employees from its AB ONE operations, following the sale of the Oakland, California-based wholly owned distributor, the San Francisco Business Times reported.
Following the New Jersey Division of Alcoholic Beverage Control’s (NJABC) move to enforce special conditions that restrict craft breweries’ ability to host events and offer food, state Sen. Michael Testa has announced he will introduce a bill to counter the restrictions.
U.S. beer shipments declined -2.2% in May 2022, to an estimated 14.6 million barrels, according to the Beer Institute, citing the latest domestic tax paid shipment estimates shared by the Alcohol and Tobacco Tax and Trade Bureau (TTB).
The Beer Institute (BI) has called the RTD regulatory changes signed into law last week in Vermont a “massive handout” for the spirits industry, and warned legislators of the impact it will have on taxpayers, in a blog post Thursday.
The Beer Institute (BI) continued to urge President Joe Biden’s administration to lift Section 232 aluminum tariffs, in a statement released Monday.
Long-time Anheuser-Busch InBev marketing executive Andy Goeler will retire at the end of the year after a 43-year career with the world’s largest beer maker. Plus, leadership changes at Pabst, FIFCO USA, Orpheus and the Texas Craft Brewers Guild.
PepsiCo CEO Ramon Laguarta was asked just one question about the carbonated soft drink maker’s plans in the beverage alcohol space, during the company’s Q1 2022 earnings call Tuesday.
The next chapter for Jim McGreevy, the outgoing president and CEO of the Beer Institute (BI), will be at the Coca-Cola Company’s North America Political Action Committees (PACS), as VP of public policy, federal government relations and political engagement (PPGR).
