Craft brewers’ collective production declined 4% in 2024, to 23.1 million barrels of beer produced, the Brewers Association (BA) shared today in the release of its annual craft brewing production report. The trade group representing small and independent craft breweries described 2024’s numbers as “highlighting the new realities of a maturing market in a rapidly evolving environment.”
The craft-on-craft partnership trend has reached the Bay Area. San Francisco-based Fort Point Beer Co. and Sonoma County-headquartered HenHouse Brewing Company are merging to form Fort Point HenHouse Inc.
As some suppliers and wholesalers warm to intoxicating hemp beverages, bev-alc trade group leaders are looking for regulatory parity between their members’ products and the burgeoning segment.
Few were immune to beer’s tough March, even the country’s largest beer vendors, according to the latest monthly report from market research firm Circana.
Gavin Hattersley will retire at the end of 2025 after six years as CEO of Molson Coors Beverage Company. Molson Coors’ board of directors will begin a search for Hattersley’s successor, tapping “a nationally recognized search firm” to review internal and external candidates.
Family-owned, boutique craft distributor VT Beer Shepherd has sold part of its portfolio, including the distribution rights to Lawson’s Finest Liquids, and has ceased operations. Baker Distributing in Colchester, Vermont, has acquired the distribution rights to Lawson’s Finest and other brands from VT Beer Shepherd.
The Consumer Price Index (CPI) for beverage-alcohol away from home continued to outpace overall inflation through the first three months of 2025, according to the latest report from the Bureau of Labor Statistics (BLS).
Monster Brewing will cease operations in Utah late next month, the company announced Thursday. Production of its Utah-based brands Wasatch Brewing and Squatters Brewing will shift to other facilities within Monsters’ bicoastal network, according to a statement from Monster Brewing president Ray LaRue.
Constellation Brands’ lowering of its medium-term forecasts Wednesday may not have been a total surprise to industry members given the volatility of the beer market, stacked on top of today’s tumultuous economic climate.
BevNET spirits editor Ferron Salniker joins this week’s Brewbound Podcast to share the scuttlebutt from DISCUS’ annual meeting, including tariff talk, trends to watch, distributor consolidation and supplier jumps to beer distributors. Plus, Justin and Zoe share their experiences after attending Bell’s Oberon Day in Kalamazoo, Michigan and break down the latest craft-on-craft deal activity in Colorado.
Beer distributors’ top priority in lobbying visits with congressional members during the National Beer Wholesalers Association (NBWA) legislative conference was to push for permanence for lowered tax rates put in place by the 2017 Tax Cuts and Jobs Act (TCJA).
After months of avoiding a concrete answer on how tariffs could impact Constellation Brands’ Mexican beer import business, the company has now lowered its medium-term projections due to economic expectations.
Tilray Brands will cease operations at Hop Valley Brewing in Eugene, Oregon, in July, and transfer production of Hop Valley beers to other breweries owned by the global cannabis and U.S. craft brewing company, Brewbound has learned.