Craft Beer News, Events & Jobs

Beer Market Share Falls Below 50 Percent in 2018

Beer Market Share Falls Below 50 Percent in 2018

Beer no longer holds a majority of the share of total alcohol servings in the U.S. Beer Institute chief economist Michael Uhrich reported today during a State of the Industry presentation that beer’s share of total alcohol servings fell to 49 percent, down about 1 percent, as hard liquor (35.6 percent) and wine (15.4) both gained share.

Brewbound Podcast Episode 30: NBWA Chief Economist Lester Jones Explains ‘Cognitive Beer Dissonance’

Brewbound Podcast Episode 30: NBWA Chief Economist Lester Jones Explains ‘Cognitive Beer Dissonance’

In episode 30 of the Brewbound Podcast, NBWA chief economist Lester Jones explains how the NBWA’s monthly “Beer Purchaser’s Index” can help predict future industry trends, and how beer professionals can use it to make more informed decisions. He also explains his “cognitive beer dissonance” theory and gives us all a reason to believe that the industry is actually pretty healthy.

Record Number of Breweries Operating in California, New York

Record Number of Breweries Operating in California, New York

Two of the largest U.S. states now boast a record number of breweries. According to an economic impact study released Tuesday by the California Craft Brewers Association, California continues to be home to the most breweries in the nation, with more than 980 in operation as of April 2019. Meanwhile, an economic impact study released today by the New York State Brewers Association, found that 434 craft breweries were operating in the Empire State at the end of 2018.

Heineken USA to Pay Record $2.5 Million Fine to Settle Trade Practice Violations

Heineken USA to Pay Record $2.5 Million Fine to Settle Trade Practice Violations

The Alcohol and Tobacco Tax and Trade Bureau (TTB) today announced the acceptance of a record $2.5 million offer in compromise from Heineken USA Incorporated for alleged trade practice violations outlined in the Federal Alcohol Administration (FAA) Act. Heineken USA’s (HUSA) payment is the largest offer in compromise that the federal agency has ever accepted, TTB spokesman Thomas Hogue confirmed to Brewbound.

Brewers Association: Craft Growth Outpacing Overall Beer Market

Brewers Association: Craft Growth Outpacing Overall Beer Market

Once again, a record number of craft breweries were in operation in 2018, according the Brewers Association (BA), a trade organization that represents small and independent breweries. The BA, which released its 2018 craft industry growth statistics today, reported that 7,346 craft breweries operated in the U.S. in 2018. That’s up from 6,490 in 2017.

Mahou San Miguel, Founders Brewing Partner to Take Majority Control of Avery Brewing

Mahou San Miguel, Founders Brewing Partner to Take Majority Control of Avery Brewing

Mahou San Miguel is upping its stake in Colorado’s Avery Brewing, and the Spanish beer company has teamed up with its other U.S. craft brewery partner, Michigan’s Founders Brewing, on the new investment. Mahou, along with Founders, will purchase a 40 percent stake in Avery Brewing for an undisclosed sum. The newly acquired stake will be combined with Mahou’s original 30 percent minority interest in Avery that was purchased in early 2018.

Beer Business Finance: Breaking Down Beer Margins

Beer Business Finance: Breaking Down Beer Margins

In this month’s Beer Business Finance column, Wormtown Brewery CFO Kary Shumway examines at what the different products in brewery’s portfolio actually cost to make, and how to price them for the healthiest margins.

Trillium Brewing Acquires Former Reebok Property, Plans Major Expansion

Trillium Brewing Acquires Former Reebok Property, Plans Major Expansion

Trillium Brewing Company is expanding once again. The company today announced plans to open two new locations in the greater Boston area. The popular Massachusetts-based maker of hazy New England IPAs will relocate its Canton brewery headquarters to a sprawling 19-acre “forever home” about five miles away from its current facility. It will also open a taproom and retail store in the Fenway neighborhood of Boston.

Brewbound Podcast Episode 29: Rob Tod on Building Brands and Introducing Cans

Brewbound Podcast Episode 29: Rob Tod on Building Brands and Introducing Cans

In episode 29 of the Brewbound Podcast, Brewbound editors Chris Furnari and Justin Kendall chat with Allagash founder Rob Tod about how the addition of canned packages will transform the Allagash business in the years to come, how the company is repositioning itself off-premise, why it invests disproportionately in quality-control measures and how it approaches innovation without chasing trends.