The Brewers Association has just released its half year numbers for 2019 and things continue to look up although clearly the craft beer market is maturing…
Brewers Association Reports Continued Growth for Small and Independent Brewers
Growth for small and independent craft brewers remained steady for the first half of 2019, according to new midyear metrics released by the Brewers Association(BA)—the not-for-profit trade association dedicated to small and independent American brewers. Production volume for the craft segment increased 4 percent during the first half of 2019.
“Growth continues to follow a similar pattern we have seen in the past few years, with steady rates in the low-to-mid single digits,” said Bart Watson, chief economist, Brewers Association.
“The majority of growth continues to come from microbreweries, taprooms, and brewpubs, whereas the distribution landscape remains more challenging for regional craft brewers.”
As of June 30, there were 7,480 active craft breweries, up from 6,464 during a comparable timeframe last year. An estimated 2,500 to 3,000 breweries are in planning, based on active Alcohol and Tobacco Tax and Trade Bureau (TTB) licenses.
“Overall demand for beers from small and independent brewers continues to increase, but at levels that make it difficult for all breweries to grow simultaneously,” added Watson. “This is a sign of a maturing market that will likely continue in the coming years.”
About the Brewers Association
The Brewers Association (BA) is the not-for-profit trade association dedicated to small and independent American brewers, their beers and the community of brewing enthusiasts. The BA represents 4,800-plus U.S. breweries. The BA’s independent craft brewer seal is a widely adopted symbol that differentiates beers by small and independent craft brewers.
The BA organizes events including the World Beer Cup®, Great American Beer Festival®, Craft Brewers Conference® & BrewExpo America®, SAVOR™: An American Craft Beer & Food Experience, Homebrew Con™, National Homebrew Competition and American Craft Beer Week®.
The BA publishes The New Brewer® magazine, and Brewers Publications® is the leading publisher of brewing literature in the U.S. Beer lovers are invited to learn more about the dynamic world of craft beer at CraftBeer.com® and about homebrewing via the BA’s American Homebrewers Association® and the free BrewGuru® mobile app. Follow us on Facebook, Twitter and Instagram.