#craftbeerbusiness Archives – PorchDrinking.com
The BA Publishes the 2021 Craft Beer Industry ReviewJune 1, 2022 | Julie Rhodes
Every year, the Brewers Association publishes its Industry Review issue of The New Brewer magazine, which gives craft beer industry members a snapshot of how each brewery segment of the industry has performed over the past year in terms of production and sales levels. This edition never fails to disappoint with a plethora of juicy statistics for beer data nerds to chew on and brewery ownership to postulate about the future of the craft beer market landscape. This year was not without its share of surprises, with the likes of a non-alcoholic beer brand entering the mix and even more appearances by well-known breweries now functioning as “beverage” companies enjoying success with products that go beyond the typical ale or lager. And while that sexy 8% overall segment growth rate gets industry folks all excited, it’s not without some fine print. It’s one thing to take these rankings on the nose and pass judgment on where the craft beer industry is heading, but there are some really interesting finds in this data if you learn to read between the lines.
The Return on Investment of CBC 2022May 24, 2022 | Julie Rhodes
For a vast number of current and aspiring beer professionals, the annual Craft Brewers Conference hosted by the Brewers Association is THE go-to industry conference for all things beer-related. It’s four full days of seminars, workshops, and social networking events, plus a seemingly endless trade show floor ripe with vendors enthusiastically waiting to sell you everything from gaskets and exotic hops to insurance and glycol systems. Most attendees return home with swag bags full of branded goodies and heads full of ideas. But what’s the true return on investment (ROI) of attending the Craft Brewers Conference when it comes to growing the bottom line of your brewery business? If you or your team didn’t attend the conference, this will give you some insight into what was missed and for those that did attend, some ideas for how to revisit sessions and take advantage of all that was offered to help you optimize the business side of your brewery.
State of the Craft Beer Industry ReportApril 13, 2022 | Julie Rhodes
After surviving a dismal Q1 of 2022, the craft beer industry can finally breathe a sigh of relief and look forward to more sunny skies for the remainder of 2022. A recent smattering of craft beer industry updates from trade associations, allied trade partners, and data aggregates are providing craft breweries more light at the end of their pandemic market tunnel. The general consensus is optimistic, whether it’s Bart Watson from the Brewers Association relaying his confidence about 2022 for craft brewers or 76% of craft brewers themselves waxing positive about sales growth this year in the 2022 Brewing Growth Trends Report from Arryved. It’s time to break out your sunglasses beer folks, let’s take a look at the brighter state of the craft beer industry (with some occasional clouds) heading into the remainder of 2022.
Imperial Oak Brewing Buys Brixie’s | Second Brewpub Coming SoonFebruary 11, 2020 | Mathew Powers
Suburban Chicago’s Imperial Oak Brewing will celebrate its 6th anniversary this May, and that will be the last one as a single-location brewery. Imperial Oak will open a second location about ten miles north of its current taproom this summer; the brewery purchased Brixie’s Craft Beer Bar, a family-run bar that first opened in 1934.
Imperial Oak (Willow Springs) joins several other of Chicago’s west- and south-suburban breweries that opened in a roughly fifteen-month stretch from late 2013 though early 2015 in expanding, and in the process have grow into name-brands. Imperial Oak, Hailstorm, Pollyanna, Noon Whistle, and Werk Force have all expanded their original spaces, and some are now adding second and third locations.
A Look at How the Craft Beer Market Could React to Stagnating Growth in 2018December 28, 2017 | Taylor Laabs
It has been another exciting year for the craft beer market, and with more than 6,000 craft breweries operating in the U.S, it’s safe to say that craft beer has become a viable economic institution in the United States. That said, the beer market overall is stalling – with stagnant year over year growth across the larger industry. Bart Watson, the Brewers Association’s chief economist, told the St. Louis Post-Dispatch that “the total market growth for craft brewing production is slowing down… It’s still growing but not at the double-digit rates we saw over the past decade.” So, has craft beer hit a plateau that many predicted? Or do craft breweries find new avenues to expand and improve?