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The on-premise beer market remains challenged, but the latest numbers reveal meaningful pockets of growth beneath the topline declines. Imported and non-alcoholic beer are gaining momentum, while draft is strengthening its position relative to packaged beer.
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.
Portland, Oregon’s Reverend Nat’s Hard Cider announced plans last week to move its operations into a 21,000 sq. ft. building that will allow the company to double its capacity and meet growing demand for its products.
In a move that that will triple Heritage Brewing Company’s capacity, the company today said it would spend $8.9 million to build a 35,000 sq. ft. production facility and brewpub in Manassas, Virginia.
Colorado-headquartered New Belgium Brewing Company is said to be opening a taproom at Mohegan Sun next month, according to a press release issued by the Connecticut casino and resort. Meanwhile, Southern California’s The Bruery today announced that it would open a brick-and-mortar store in Washington, D.C., in November.
Green Flash Brewing Co. announced plans today to open a third brewery — this time in the Midwest. The San Diego-headquartered company has acquired a 10,000 sq. ft., 10,000-barrel production facility with a tasting room and restaurant in Lincoln, Nebraska.
Ohio-based Fat Head’s Brewery finally broke ground today on a $12 million destination brewery that will double the company’s production capabilities, enabling it to produce as much as 60,000 barrels of beer annually.
Brooklyn Brewery announced its fourth international brewing venture this week with the formation of HK Yau Brewing Company in Hong Kong.
In anticipation of moving into a new production facility in late 2018, Russian River Brewing Company has put its original Sonoma County production brewery on the market.
Sales of Boulevard Brewing’s canned beer have grown considerably since the aluminum packages were first introduced in 2014, and now the Kansas City-based company is making a multi-million dollar bet that more sales are on the way.
In this week’s Last Call: Multiple U.S. breweries are expanding and the original Most Interesting Man in the World talks meeting President Obama.
Canadian-headquartered Red Truck Beer Company has reached an agreement to acquire Fort Collins Brewery’s (FCB) building and assets from owners Tom, Jan and Tina Peters. Terms of the deal were not disclosed.
