The future so bright I gotta wear beer goggles! Craft Up an Astounding 18% - Nears 8% Market Share The craft brewing industry did something very few industries were able to do during the recent recession – it grew. Which leads to the question; “what kind of growth is possible in a healthy economy?” Although the US economy is far from robust, it is bouncing back, and with it the craft brewing industry is roaring. The Brewers Association released 2013 data this week which showed an 18 percent rise in volume, representing a total of 15.6 million barrels, and a 20 percent increase in retail dollar value. In 2013, craft brewers reached 7.8 percent volume of the total U.S. beer market, up from 6.5 percent the previous year. Additionally, craft dollar share of the total U.S. beer market reached 14.3 percent in 2013, as retail dollar value from craft brewers was estimated at $14.3 billion, up from $11.9 billion in 2012. Good stuff this is because of you fellow revolutionaries, and because you have chosen craft above watered down mediocre beers.
Posted on: Tue, 18 Mar 2014 16:42:39 +0000
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