If you want to know the market size of the Craft Beer industry in the US from 2012 to 2016, the Craft Beer Market report is the right choice for you. It provides in-depth analysis that rivals that of any other report on the topic. The report is written by a top-class industry analyst and includes extensive face-to-face interviews with key players in the field. Key vendors covered in this report include Sierra Nevada Brewing Co., The Boston Beer Co. Inc., and Gambrinus Co.
The craft beer movement has been fueled by consumer demand and experimentation.
As more consumers become aware of the new styles of craft beer, more supermarkets stock a wider variety of these products. In addition, continued deregulation has made beer more accessible to consumers. In some states, beer can now be purchased through mail order, opening up new sales channels for small breweries. This trend could continue to fuel the craft beer market for years to come.
While beer remains the most popular alcoholic product in the US, sales of traditional brands have declined by nearly 16 percent. In fact, imports of beer have increased by more than a third in the last decade. The craft beer industry is on the rise, growing at 13.6 percent a year from 2012 to 2016. In 2017, craft brewers generated $6 billion in sales. And the growth in the U.S. beer market is continuing, thanks to the growing number of smaller breweries and new styles.
The craft beer revolution has generated new jobs and establishments.
With nearly 400 new breweries in the US alone, this industry has expanded by 10 percent. In fact, breweries are now prevalent in every state, and nearly 40 percent of all counties have at least one craft brewery. While many of these businesses are small and locally owned, the growth is still impressive. However, it should be noted that there was a decline in the number of breweries in some states.
In addition to the craft beer market, many breweries are also investing in experimenting with “flavored” brews, such as sour beer. Many of these products are not classified under a common craft beer category, due to their varied flavors and regional accents. Similarly, more than one-third of craft beer products do not fit into a common category. This trend has made canned beverages popular over bottled varieties.
In recent years, large brewers have also entered the craft beer market. Attracted by the growing popularity of craft beer, these companies are buying labels and trying to gain market share from small brewers. For example, the beer giant Anheuser-Busch InBev owns the popular Blue Moon beer brand. Another big company is MillerCoors LLC, which has its own craft beer division. Its brands include Bluemoon, Crispin, and Batch 19.