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.
Around 10,000 industry members are expected to make the trip to Indianapolis for the 2025 Craft Brewers Conference and BrewExpo America (April 28 to May 1). The gathering takes place against a backdrop of growing headwinds for craft breweries and an overhaul of CBC’s host organization, the Brewers Association.
Two new members have been elected to the American Cider Associations (ACA) board of directors, the hard cider industry trade group announced last week.
The Beer Institute (BI) today announced the hire of Danelle Kosmal as vice president of research. Kosmal will join the trade association — which represents the interests of brewers, importers and beer industry suppliers — in late August.
A bill introduced in the U.S. House of Representatives seeks to jumpstart business travel and dining to support the hospitality industry and would offer a tax credit for unmerchantable inventory that spoiled during the pandemic, including out-of-code beer.
U.S. brewers shipped an estimated 15 million barrels of beer in May 2021, an +8.9% increase (more than 1.2 million barrels) compared to May 2020, according to the Beer Institute (BI), citing unofficial estimates of domestic tax paid shipments from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Beer consumption by Americans did not increase during the COVID-19 pandemic, according to research by Echelon Insights on behalf of the Beer Institute (BI), a national trade association.
Seventy-seven percent of consumers are spending the same or more than they did pre-COVID-19, according to the latest CGA on-premise report spanning June 4-7.
Brewers Association chief economist Bart Watson explored why draft beer sales have yet to recover to pre-pandemic levels in his latest members’ only analysis.
The U.S. beer industry’s economic output has increased by $4 billion since 2018, which is equivalent to 1.6% of the U.S. gross domestic product, according to the “Beer Serves America” report — a biennial study commissioned by the Beer Institute (BI) and the National Beer Wholesalers Association (NBWA).
Anheuser-Busch InBev has forged a master distributor agreement with Canteen Spirits, while its growth and innovation arm ZX Ventures has made an investment in the 2-year-old ready-to-drink canned cocktail brand.
Mass. Bay Brewing Company and the Massachusetts Brewers Guild (MBG) have launched Hop Forward Equality, a website with resources and a job board with the goal of creating a more diverse and equitable industry and consumer base for Bay State breweries. “We have to ask ourselves why, and we have to do a better job truly encompassing and embracing our communities,” MBG executive director Katie Stinchon said in a press release.
The COVID-19 pandemic driven shutdown of on-premise service at bars and restaurants led to a big but expected cut in draft packaging last year, according to the 2020 “Package Mix Report” shared by the Beer Institute and compiled by the National beer Wholesalers Association’s Department of Industry Affairs.
Sierra Nevada has announced it will reopen its breweries in Chico, California, and Mills River, North Carolina, to the public in May after what will be a 14-month hiatus from on-site service, according to a report in the Chico Enterprise-Record. Philadelphia-headquartered, on-demand delivery platform goPuff announced the completion of a $1.15 billion fundraising round earlier this week.
Several pieces of legislation working their ways through Congress would bring much needed relief to the hospitality industry — including breweries, brewpubs and taprooms — as they continue to struggle during the COVID-19 pandemic.
Off-premise beer category dollar sales increased 15.7% year-to-date through January 23, compared to the same period last year, market research firm NielsenIQ reported. For the four weeks ending January 23 (which includes December 28-31, 2020), off-premise dollars sales of the beer category — which includes core beer, flavored malt beverages, hard seltzers, ciders and malt liquor — increased 14.2%, indicating slight acceleration after January 1.
Federal excise tax cuts for brewers and importers have finally been made permanent. After nearly a week of uncertainty, President Donald Trump on Sunday signed into law the $900 billion economic relief package and $1.4 trillion government funding bill Congress passed last week.
