The craft segment’s dollar sales and volume declines have accelerated to start the second quarter, traditionally the lead-up to beer’s all important summer selling season, according to the most recent off-premise report from market research firm Circana.
Ball Corp. chairman and CEO Daniel W. Fisher has once again called on major beer manufacturers to deploy “more aggressive pricing” strategies to “push volume,” suggesting those strategies have worked for energy drink companies and other non-alcoholic (NA) beverage producers.
Under new leadership for the first time in more than a decade, the Brewers Association (BA) is “relentlessly focused on members and what their needs are,” CEO and president Bart Watson said last week.
The U.S. beer industry generated $470.96 billion in economic output in 2024, holding 1.58% of the country’s gross domestic product (GDP), according to the biennial Beer Serves America study commissioned by the Beer Institute (BI) and the National Beer Wholesalers Association (NBWA).
Rhinegeist is ghosting alcohol. The Cincinnati craft brewery will add its first non-alcoholic (NA) beer to its portfolio later this summer. Ghost is an “affiliated brand” that plays on the “geist” name, meaning ghost or spirit, Rhinegeist CEO Adam Bankovich told Brewbound. The NA beer is one of two big portfolio additions for Rhinegeist this year, with Cincy Light’s first line extension, Cincy Light Lime (4.2% ABV), rolling out now on draft.
Tom Holland, actor and co-founder of non-alcoholic beer Bero, discussed the brand’s growth during last week’s Beverage Forum.
The story of slowed import sales and the impact of Hispanic consumer shifts, is not a story unique to beer, according to the latest monthly report from Bump Williams of Bump Williams Consulting (BWC). Total bev-alc (TBA) imports have declined 0.5% year-to-date (YTD), to nearly $11 billion, in NIQ-tracked, off-premise channels (total U.S. + liquor + convenience). In the same period last year, bev-alc imports were growing 1.3%, to $11.05 billion.
Wholesalers purchased fewer cases and kegs in nearly every segment of the beer category in April, according to the most recent Beer Purchasers’ Index (BPI) from the National Beer Wholesalers Association (NBWA).
Anyone looking for an answer to when craft’s current era of compounding hurdles and declines will come to an end received a reality check Wednesday during Brewers Association (BA) president and CEO Bart Watson’s state of the industry address, held at the start of Day 2 of the Craft Brewers Conference (CBC) in Indianapolis.
Margaritas will be the order of the day on Cinco de Mayo, according to a new study from consumer insights firm Numerator. More than three-quarters (78%) of respondents who plan to purchase alcohol for the holiday told Numerator they will be drinking margaritas, followed by beer (51%).
When her husband told her he wanted to start a brewery, Trillium co-founder Esther Tetreault had a pair of questions for him. “Do you want to be a brewer, which is cool, or do you want to start a business in craft beer?” she asked JC Tetreault.
The Brewers Association’s Craft Brewers Conference has taken over Indianapolis, and the Brewbound team gives a vibe check on the first day of the largest meeting of craft brewers in the U.S. Justin, Jess and Zoe recap early presentations from BA board chair Leah Cheston, president and CEO Bart Watson and Trillium founders JC and Esther Tetreault and the overarching theme of resilience in the face of adversity.
Last week, Marty Makary, the U.S. Food and Drug Administration (FDA) Commissioner, alongside Health and Human Services (HHS) Secretary Robert F. Kennedy Jr., proclaimed the administration’s desire to phase out the use of eight synthetic food dyes by the end of 2026.
Hard seltzer’s sales may have peaked in 2020 at $4.1 billion, but Happy Dad CEO Sam Shahidi believes there’s still a mountain to climb for his company. Speaking to Brewbound earlier this year, Shahidi laid out a three-year vision for challenging White Claw as the top-selling hard seltzer brand.
