Market Overview

Craft Beer Market Continues To Grow

A big St. Patrick's Day cheers to the Brewers Association, a trade association representing small and independent American craft brewers, which reported good news for the craft beer industry Monday.

According to the association, craft breweries took 7.8 percent volume of the total U.S. beer market last year, up from 6.5 percent in 2012. Retail dollar value from craft brewers went from $11.9 billion in 2012 to $14.3 billion in 2013. Craft brewers saw an 18 percent rise in volume with a total of 15.6 million barrels.

See also: Michigan Bill Allows Restaurant-Goers To Bring Their Own Wine

“With this stellar year, craft has now averaged 10.9 percent growth over the last decade,” Brewers Association staff economist Bart Watson said in a press release. “Beer drinkers are excited about what small and independent brewers are offering and that is evidenced by the rising production and sales of the craft segment.”

The United States has 2,822 operating breweries, a 15 percent increase over 2012. Of those, 2,768 are craft breweries. Here's a breakdown by type:

  • 1,237 Brewpubs (A restaurant-brewery that sells 25 percent or more of its beer on site, where the beer is brewed primarily for sale in the establishment.)
  • 1,412 Microbreweries (A brewery that produces less than 15,000 barrels of beer a year, with 75 percent or more of that sold off-site.)
  • 119 Regional Craft Breweris (An independent regional brewery with either an all-malt flagship or at least 50 percent of its volume in in all malt beers.)

There were 413 new brewery openings, with only 44 closings in 2013. Here's a short version of an infographic from the Brewer's Association:

Growth-Small_HR.png

You can see the whole graphic here.

Posted-In: Bart Watson Brewers Association craft beerNews Events General Best of Benzinga

 

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