Craft beer industry news.
Beer and flavored malt beverage (FMB) sales were up +2% in Q4, while hard seltzer sales declined -3% in the same period, according to the most recent Beverage Bytes survey conducted by Goldman Sachs Equity Research.
Sales velocity at bars and restaurants across the U.S. has increased +20% compared to last year, according to CGA, the on-premise data arm of NielsenIQ.
Beer will be the alcoholic beverage of choice for consumers planning to imbibe while watching Super Bowl LVII, according to market research firm Numerator, which shared the results of a consumer survey conducted from January 25-31.
A year-long legal dispute between rapper and business tycoon Shawn “Jay-Z” Carter and Bacardi was finally resolved on Friday when the spirits giant announced it has agreed to acquire the majority of Cognac venture D’ussé, with Carter retaining a significant ownership stake through his company SCLiquor.
Medusa Brewing Company is thrilled to announce the release of LASER KITTEN® IPA, a 6.0% a.b.v. American IPA that bursts with aromas of tropical fruit and thirst-quenching citrus flavor from the hop combo of Galaxy, Citra, and Mosaic.
Flavor-driven brands dominated the top 25 new beer category products of 2022, according to Bump Williams Consulting’s (BWC) February report. Of the top 25 best-selling new products, 12 were flavored malt beverages (FMBs) and six were hard seltzers. Four imports made the list, as did two craft offerings and one domestic premium.
Bent Water Brewing Company, the award-winning brewery from Lynn, Massachusetts, has announced a formal partnership with the New England Mountain Bike Association (NEMBA).
SweetWater Brewing Company, LLC (“SweetWater”), Atlanta’s craft beer trailblazer, the 10th largest craft brewer in the U.S. and subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), launches a new crisp lager to its year-round craft beer lineup.
Neshaminy Creek Brewing Company (Neshaminy Creek) announces the launch of its membership program, The Creek Club, an annual membership program that allows beer fans to get exclusive perks, discounts, and more throughout 2023!
San Diego-headquartered Kings & Convicts Brewing, which acquired Ballast Point from Constellation Brands in late 2019, will vacate the Encinitas taproom and Miramar production facility it took over from Molson Coors in January 2022.
Low-and-no or high ABV? Which way to go? Coming out of Dry January, there are plenty of new entrants — both new and established — making non-alcoholic beer. And on complete other end of the spectrum are growing sales of higher ABV beers.
Mindful drinking, non-alcoholic beer and other alcohol-free leisure beverages are gaining major traction across multiple consumer segments. Best Day Brewing is looking to expand its foothold in the market and broaden consumer awareness thanks to a comprehensive brand build out from Gestalt Brand Lab.
Anheuser-Busch InBev (A-B) will still be promoting its big beer brands during Super Bowl LVII, despite foregoing its exclusivity rights for the Big Game this year.
Tröegs Independent Brewing announces the release of Hop Horizon, its seasonal IPA to usher in the spring season.
