American beer crisis: lost appetite hurts breweries, industry giants ...

Sep 14, 2024 · The suds have gone flat: Americans are losing their appetite for beer. BY Sasha Rogelberg. September 14, 2024, 1:00 AM PDT. Americans, particularly young people, are …

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What Trump's Election Means For An Uncertain Craft Beer Industry …

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Nov 8, 2024 · The U.S. beer industry, and the craft brewing industry in particular, are watching these developments closely. ... replace the estimated $10 to $25 billion in lost tax revenue for …

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How The Craft Beer Industry Is Adapting During The Pandemic

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Jan 25, 2021 · The 50,000-barrel brewer was down about 10% in volume, with the most of beer now ending up in cans rather than in the kegs that had been the norm. The brewery’s draft …

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Breweries Slightly More Optimistic, But Challenges Remain

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May 29, 2020 · The results below are presented as a percent of those who stated they were more optimistic, as well as in terms of the total sample. So for example, for PPP loans, 63% of …

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Craft Brewing Industry Faced Its Toughest Year In Decades Due To ...

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Apr 6, 2021 · The numbers mean that the retail dollar value of craft beer ended at $22.2 billion, a 22% decline over 2019, and its dollar share of the market finished at 23.6%. In 2019 their retail …

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FAQs about American beer crisis: lost appetite hurts breweries, industry giants ... Coupon?

Is beer in decline?

Today American consumers have the most diverse array of alcoholic options, from the most diverse array of producers, in the country’s history. And while this may be great news for drinkers—especially those who don’t like beer-flavored beer—it may not be for brewers. The overall business picture of beer is that it’s in decline. ...

What's going on with the brewing industry?

Gone are the heady days of double-digit growth and the seemingly never-ending introductions of new brands and brewers common for much of this century. The cloud of future shutdowns, supply chain headaches, and the sudden emergence of the Beyond Beer category are issues that the industry must deal with daily. ...

Why did craft beer sales drop 2% in 2024?

According to the Brewers Association mid-year report, those issues continued in 2024, with craft beer sales down 2% year over year. One of the biggest concerns for the brewers surveyed was inflation and increased prices for goods, which were impacting sales. ...

Are big beer brewers still in good financial health?

"This is an industry-wide, five-alarm fire," beer industry don Craig Purser reportedly told a wholesalers' convention in October. Nevertheless, Mr Steinman told NBC that big beer brewers were still in good financial health thanks to rising prices and a consumer shift towards more expensive, often imported drinks. ...

Are small breweries a problem?

“The problem for midsized brewers is that there’s a whole massive, long tail of tiny breweries that’s even more agile than them,” says Dave Infante, who writes Fingers, a newsletter about drinking. ...

How has the brewery industry changed over the last decade?

The blazing hot growth the industry experienced over the last decade, where it went from 1758 breweries in 2010 to 8391 breweries in 2019, has cooled. The 716 openings that occurred during 2020 were down 30% compared to the year before. ...