Industry News

Craft Beer Is Booming, but Brewers See Crossroads

Ian Mount - - The New York Times

When the term microbrewery had scarcely entered the vocabulary, Rich Doyle saw possibilities. Almost three decades ago, he became a co-founder of the Boston-based Harpoon Brewery, which has grown into the 12th-largest craft beer maker in the country.

Last July, with a stake of at least 40 percent in the business, he sensed it was the moment to make another move. He asked his partners to bring in an investor so the brewery could buy faltering competitors. And when they declined, he cashed out.

Tapping Change

David Eisenberg - - Brewbound

For many small breweries, taprooms provide an imperative part of the business equation, inventing additional revenue streams while creating invaluable marketing opportunities.

In fact, there has been an industry-wide recognition of that prospect, according to Bart Watson, chief economist of the Brewers Association, who argues that the manufacturer/taproom has even superseded the brewpub as a preferred business model.

Arizona's Craft Beer Industry Growing Rapidly

Zachary Ziegler - - Arizona Public Media

Beer has been called the common man's drink, but the growth of the craft-beer industry in Arizona is anything but common for industry in the state.

Big beer brewers such as Anheuser-Busch and Coors Brewing still dominate beer sales across the country, while local brewers have managed to find a chink in the armor of beer's biggest producers.

Nielsen: Hispanic Millennials Present Big Opportunity for Craft

David Eisenberg - - Brewbound

It's hardly news that craft beer is incredibly popular among the millennial demographic. But considering that this consumer base, at least by Nielsen measures, consists of anyone born between 1977 and 1994, it can be hard to market to them armed with that information alone.

As such, the bulk of Thursday's "Power Hour" conference call, hosted by the Brewers Association, was spent further dissecting this demographic, specifically highlighting the untapped potential there is in the Hispanic population of young drinkers.

Revealing the invisible sector of the craft brew industry

Jeremy Martin - - Southwest Michigan's Second Wave Media

These days it's easy to spot a craft beer drinker. They're the ones talking about brewmasters the way other people talk about musicians and athletes. Craft beer drinkers wear T-shirts endorsing their favorite breweries or promoting the craft beer shops they've visited.

Where Will the Industry End the Year?

Lester Jones, Chief Economist - - National Beer Wholesalers Association

When it comes to total volume gains, the fourth quarter can make or break the numbers for the industry. So far in 2014, we have seen progressively improving quarterly volume trends from 2014 Q1 through 2014 Q3. However, a tough 2013 Q4 comp will be a challenge in this last quarter of 2014.

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