The number of craft beer drinkers who are drinking less craft beer than they were a year ago has surpassed the number of those who are drinking more for the first time since the Brewers Association (BA) started asking this question in its annual poll in 2015. BA chief economic and VP of strategy Bart Watson and staff economist Matt Gacioch shared the findings of the BA’s ninth annual Harris Poll during a Thursday webinar. Nearly 2,100 legal-drinking-age Americans were surveyed about their drinking habits.
Following the unexpected announcement Wednesday that Brewers Association (BA) president and CEO Bob Pease will retire in 2025, it’s clear that the trade group representing small and independent brewers is at a crossroads as it approaches 2025.
Although beer has started to get a summer boost, producer and brand performances within the category were mixed in the last four weeks, according to the latest off-premise scans report from market research firm Circana.
Brewers Association (BA) president and CEO Bob Pease will retire next year after more than three decades with the trade association, the organization announced today.
Fast-rising non-alcoholic beer maker Athletic Brewing Company has closed a $50 million “equity financing round” led by private equity firm General Atlantic, with several key investors from previous fundraising rounds also participating.
In-store displays “are more effective at selling beer” compared to “shrinking” shelf space, Kaumil Gajrawala, analyst for financial services firm Jefferies, wrote in a late June analysis.
Flavor-forward innovations are driving beer category growth and this trend is accelerating, according to the most recent report from Bump Williams Consulting (BWC). Of the top 25 growth brands at total U.S. off-premise outlets year-to-date (YTD) through June 15, 13 were “flavor-centric” or ready-to-drink (RTD) offerings, BWC founder Bump Williams noted, citing data from market research firm NIQ.
There were many ways entertainment venues aimed to keep the lights on during the pandemic— for a Hamptons bar that regularly hosted musical acts, creating a ready-to-drink (RTD) cocktail was one solution.
D.G Yuengling and Son (DGY) has agreed to swap territories with its joint venture with Molson Coors (TYC). In a letter to distributor partners last week, chief administrative officer Wendy Yuengling wrote that the brewery would trade its Louisiana, Arkansas and Mississippi territories to the JV for the yet-to-be-opened market in Michigan.
More than 4.043 million barrels of beer were imported into the U.S. in May, marking the first time more than 4 million barrels were imported in a single month, according to Beer Institute (BI) chief economist Andrew Heritage, citing the latest report from the Department of Commerce.
Constellation Brands’ share price declines Wednesday seemed not to shake company leadership, who expressed optimism about continued growth during the company’s Q1 FY 2025 earnings call with investors and analysts.
