Published May 24, 2018

Small and Independent Brewers See Sustained Growth in 2017

According to The Brewers Association (BA), small and independent craft brewers in the U.S. are growing at a steady rate. In 2017 alone, craft brewers experienced a 5 percent increase in volume and an 8 percent rise in their retail dollar value. Bart Watson, the Chief Economist for the Brewers Association attributes much of the growth to beer lovers increasingly supporting local independent breweries versus more national brands. Furthermore, craft breweries and brewpubs are responsible for 135,000+ jobs in the U.S., which is an increase of over 6,000 from the year before.

Key Takeaways:

  • According to The Brewers Association, independent American craft brewers experienced significant growth in market share in 2017.
  • Chief economist for the Brewers Association attributes the growth, in part, to beer lovers increasingly supporting their local independent breweries over more national brands.
  • Established breweries, craft brewers, and brewpubs are responsible for over 135,000 jobs in 2017, which is an increase of approximately 6,000 from the year prior.

“Beer lovers want to support businesses that align with their values and are having a positive impact on their local communities and our larger society”

Read more: https://www.restaurantnewsresource.com/article99071.html

Related Post:
  1. 4 fried chicken preps on the rise
  2. Mobile Phone Calls in Hotels, Restaurants, Offices and Public Spaces Can Be Irritating to Other People
  3. How Pizza Hut’s Tracker Differs from the Competition
  4. Culture Club: Why You Can’t Afford Not to Have Company Culture Goals
  5. Five things to consider when buying a new EPOS system
  6. Diners more ‘loyal’ to restaurants with free WiFi
  7. Just How Dominant is Starbucks’ Pumpkin Spice Latte?
  8. 5 ways Twitter’s popular foods can boost social presence
  9. The latest in tech: Scheduling, delivery and automation
  10. Branding for Food Trucks: The Definitive Guide