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The latest NIQ On Premise analysis reveals a beer category that continues to face volume pressure, but one where performance varies significantly by segment, format, and occasion. The findings also highlight meaningful shifts in on-premise consumption that extend beyond topline category performance.
Rising gas prices may be bad for consumers’ wallets, but increased costs and their impact on shopping habits may actually be good for the beer industry, according to National Beer Wholesalers Association (NBWA) chief economist and VP of analytics Lester Jones.
The latest NIQ on premise update highlights a beer category under pressure, with both value and volume declining over the past year. In contrast, spirits and RTDs continue to capture share, supported by price-led growth and shifting consumer preferences.
The Brooklyn Brewery’s search for a long-term home is finally over. The 34-year-old New York brewery announced today that it will anchor the Greenpoint-Williamsburg Industrial Business Zone real estate development, with plans to open in the space in summer 2024.
The Consumer Price Index (CPI) for beer away from home increased +7% in October 2022 compared to October 2021, the largest price increase ever recorded for the category, according to the Bureau of Labor Statistics (BLS).
Data from beer-centric social media platform Untappd, which tracks where and when users drink beer, shows that traffic at brewery taprooms has recovered to 117% of January 2019 levels.
Regulators from the federal agencies that oversee taxation and alcohol regulation raided the Union City, California, offices of Southern Glazer’s Wine and Spirits yesterday, according to the San Francisco Chronicle.
San Diego-based JuneShine – a hard kombucha and ready-to-drink canned cocktail (RTD) maker – is on track to produce more than one million cases (about 72,580 barrels) in 2022.
Boston-based Trillium Brewing Company is consolidating its production in Massachusetts and offering its original Canton facility as a turnkey operation.
U.S. grocery chain giants Kroger and Albertsons are involved in merger discussions, which would create the largest supermarket chain in the U.S., Reuters reported.
As residents of southwest Florida begin to grapple with the effects of Hurricane Ian, Clearwater-based Big Storm Brewing will fill water jugs and open some of its taprooms as supply drop-off points for people in need.
Westbrook, Maine-based Mast Landing Brewing Co. will open a new tasting room in South Portland by the end of the year, the company announced last week.
Despite inflationary pressures, more than three-quarters of consumers (76%) are still visiting bars and restaurants more than or as often as usual, according to market research firm CGA.
On-premise sales over Labor Day weekend received “an uplift in velocity” on Sunday (+16%) and Monday (+54%) compared to the previous week, NielsenIQ’s on-premise tracking arm, CGA, reported today.