“As market competition continues to increase, these small and independent breweries and brewpubs demonstrate there are still growth opportunities across a diverse set of regions and business models” – Bart Watson, chief economist, Brewers Association.
Even though craft beer’s many years of double-digit momentum is slowing there’s still a lot of growth out there… And to demonstrate this growth, the Brewers Association the not-for-profit trade organization that represents the craft brewing industry, has released their list of 2018’s top 50 fastest growing craft breweries in America.
The BA’s second year ranking represents 27 states across the US. These small and independent breweries experienced a median growth of 163 percent with the median size being 1,350 barrels of in-house production in 2018.
Breweries on the list range from 50 barrels to more than 40,000, and grew from less than 70,000 barrels collectively in 2017 to more than 170,000 barrels in 2018.
And a group, these brewing companies represent approximately 10 percent of total craft growth by volume for the year, and include 13 brewpubs, 35 microbreweries and two regional craft breweries.
Lake Time Brewery in Clear Lake , Iowa is #1, and Fins Big Oyster Brewery in Rehoboth Beach, Delaware is number #2