Mid-Year Growth Pace Stable For Craft Brewers

2018-08-28T07:17:03+00:00

BOULDER, Colo. — Growth for craft brewers remained stable for the first half of 2018, according to new mid-year metrics released by the Brewers Association.

Production volume for the craft segment increased 5 percent during the first half of 2018, according to the association.

As of June 30, there were 6,655 active breweries, up from 5,562 during a comparable timeframe last year. An estimated 2,500 to 3,000 breweries are in planning, based on active Alcohol and Tobacco Tax and Trade Bureau licenses.

“The data demonstrate that 2018 is on pace to have the highest number of brewery openings and closings to date,” said Bart Watson, chief economist for the Brewers Association. “However, even as breweries close, openings continue to far outpace the number that shutter. New players looking to enter the space should be aware of the constructs of the current landscape, work to differentiate themselves and will need to make quality beer to succeed.”