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

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