Market Overview

Brewers Association Reports Mid-Year Growth Pace Remains Stable for Small and Independent Brewers

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Growth for small
and independent
craft brewers remained stable for the first half of
2018, according to new mid-year 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 five percent during the first half of 2018.

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https://www.businesswire.com/news/home/20180731005701/en/

Production volume for the craft segment increased five percent during the first half of 2018. (Photo ...

Production volume for the craft segment increased five percent during the first half of 2018. (Photo: Business Wire)

"While more mature, the market continues to show demand for small and
independent craft brewers," said Bart Watson, chief economist, Brewers
Association. "There are certainly industry headwinds, but this
stabilized growth rate is reflective of the market realities that exist
for brewers today."

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high resolution graphic here

As of June 30, there were 6,655 active breweries, up from 5,562 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.

"The data demonstrate that 2018 is on pace to have the highest number of
brewery openings and closings to date. However, even as breweries close,
openings continue to far outpace the number that shutter," added Watson.
"New players looking to enter the space should be aware of the
constructs of the current landscape, work to differentiate themselves
and will need to make quality beer to succeed."

Craft brewer definition: An American craft brewer is small,
independent and traditional. Small: Annual production of 6 million
barrels of beer or less (approximately three percent of U.S. annual
sales). Beer production is attributed to the rules of alternating
proprietorships. Independent: Less than 25 percent of the craft brewery
is owned or controlled (or equivalent economic interest) by an alcoholic
beverage industry member that is not itself a craft brewer. Traditional:
A brewer that has a majority of its total beverage alcohol volume in
beers whose flavor derives from traditional or innovative brewing
ingredients and their fermentation. Flavored malt beverages (FMBs) are
not considered beers.

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 Brew
Guru®
 mobile app. Follow us on Facebook,
Twitter
and Instagram.

The Brewers Association is an equal opportunity employer and does not
discriminate on the basis of race, color, national origin, gender,
religion, age, disability, political beliefs, sexual orientation, or
marital/familial status. The BA complies with provisions of Executive
Order 11246 and the rules, regulations, and relevant orders of the
Secretary of Labor.

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