“The growth pace for small and independent brewers has stabilized at a rate that still reflects progress but in a more mature market," Watson said in a statement with the report. "But if you are aiming for another Ballast Point-type outcome where you sell it for a billion dollars that is likely going to be much more difficult in the future."Ĭraft beer sales at retail, including supermarkets, mass market chains and convenience stores, have risen 6% over the past 52 weeks, amounting to $4 billion, according to IRI, a Chicago-based market research firm.Īnd in its 2017's half-year report, the Brewers Association says the amount of craft beer sold is continuing to bubble up at a rate of 5% and the dollar value is likely up a few points, too, according to Bart Watson, chief economist for the Brewers Association. and that can be a nice business," he said. Sierra Nevada is a household name and has been perfecting their. Megabrewers have been snapping up independent breweries "because they need to have a portfolio of these regional brands to really compete in that market," Lee said.Ĭontinued consumer interest in local and regional craft beer makers means "there are opportunities to have good investments. If youre in Northern California, Sierra Nevada Brewing Company is a must-see beer destination. In other moves, Constellation Brands (Corona, Modelo) paid nearly $1 billion for Ballast Point Brewery of San Diego two years ago and acquired Funky Buddha Brewery of Boca Raton, Fla., in August. Here is the Brewers Associations list of the 50 fastest-growing small and independent craft breweries in 2017: 1) CraftRoots Brewing, Milford, Massachusetts 2) GoatHouse Brewing, Lincoln. On that list, Heineken, which owns Lagunitas. In recent years, many good-sized craft breweries have been bought by larger companies such as Anheuser-Busch, which acquired Asheville, N.C.'s Wicked Weed Brewing in May, bringing its list of craft brewery acquisitions to ten. Sapporo appeared in the Brewers Associations list of largest beer producers overall (meaning 'craft' and 'non-craft,' by their designation) at No. ![]() Craft is what is driving growth," Lee said.Īs craft beer's market share grew, bigger beer companies wanted a taste of the action. But craft beer has been a growth center, increasing 10% in 2016 to $23.5 billion, the association says.Ĭraft beer's constantly growing share of the market is nearly 22%, up from 14% in 2013. beer market, which includes major labels such as Budweiser, Coors and Miller, has been relatively flat in recent years.
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