#craftbeerbusiness Archives – PorchDrinking.com
Distribution Dilemma: Is It Worth the Risk?
December 21, 2023 | Julie RhodesCraft brewery expansion plans are not what they used to be. Traditional paths to profitability usually go something like this: open a taproom, start selling beer to a few neighboring businesses (if that’s legal in your state), buy a packaging line, grow your footprint locally, sign a distribution contract with a wholesaler, expand to new markets and enjoy copious amounts of revenue. But this isn’t 2013 anymore.
Rough Draft: Challenges In On-Premise Craft Beer Sales
October 4, 2023 | Julie RhodesAmongst the revelry of craft beer fans that descended upon Denver in late September for the annual Great American Beer Festival, a smaller group of beer enthusiasts gathered at Cervantes Masterpiece in Five Points for the last Brewbound BrewTalks industry event of 2023. While GABF is mainly a consumer-facing event, there are a small number of industry insider, business-focused events that occur that same week and BrewTalks is one of them.
All Grown Up | Craft Beer is Now a Mature Market
August 21, 2023 | Julie RhodesOn August 10, 2023, the Brewers Association issued a press release summarizing the craft beer industry midyear update from the Chief Economist, Bart Watson, where he expressed that things are still not great for craft beer, but also not quite as bad as they have been.
Strength In Numbers | Strategic Planning Holds A Spotlight At The Craft Brewers Conference
June 7, 2023 | Julie RhodesNumber nerds unite! This was the call to action for many brewery owners, operators, and employees during the Brewers Association 2023 Craft Brewers Conference, which took place from May 7-10 at the Music City Center in Nashville, TN. So what’s the noise about numbers and why should the craft beer community even care?
No Big Deal: Why Craft Brewery M&A’s Have Lost Their Shock Value
April 5, 2023 | Julie Rhodes 1Goose Island, Bluepoint, Boulevard, Sweetwater, Founders, Wicked Weed, Anchor, Oskar Blues, Lagunitas, Dogfish Head, Ballast Point, Cigar City, Modern Times, Stone, Bell’s, and most recently Avery Brewing – not a comprehensive list by any means, but just a sampling of formerly independent craft breweries that merged with or were acquired by larger parent companies over roughly the past decade. The difference between now and then is that craft brewery M&A’s are just not that big of a deal anymore. Back then, craft beer drinkers and superfans would be up in arms over a buyout or partnership deal of any size – suggesting boycotts, bashing brands online, and protesting festivals where “sellout” breweries would be pouring their liquid. Today, that’s not quite the case, with deals like the Bell’s and New Belgium merger or the acquisition of Avery Brewing by import giant Mahou San Miguel barely sparking a peep of controversy online. So what’s changed – the craft beer fan or the business of craft beer?
The BA Publishes the 2021 Craft Beer Industry Review
June 1, 2022 | Julie RhodesEvery year, the Brewers Association publishes its Industry Review issue of The New Brewer magazine, which gives craft beer industry members a snapshot of how each brewery segment of the industry has performed over the past year in terms of production and sales levels. This edition never fails to disappoint with a plethora of juicy statistics for beer data nerds to chew on and brewery ownership to postulate about the future of the craft beer market landscape. This year was not without its share of surprises, with the likes of a non-alcoholic beer brand entering the mix and even more appearances by well-known breweries now functioning as “beverage” companies enjoying success with products that go beyond the typical ale or lager. And while that sexy 8% overall segment growth rate gets industry folks all excited, it’s not without some fine print. It’s one thing to take these rankings on the nose and pass judgment on where the craft beer industry is heading, but there are some really interesting finds in this data if you learn to read between the lines.
The Return on Investment of CBC 2022
May 24, 2022 | Julie RhodesFor a vast number of current and aspiring beer professionals, the annual Craft Brewers Conference hosted by the Brewers Association is THE go-to industry conference for all things beer-related. It’s four full days of seminars, workshops, and social networking events, plus a seemingly endless trade show floor ripe with vendors enthusiastically waiting to sell you everything from gaskets and exotic hops to insurance and glycol systems. Most attendees return home with swag bags full of branded goodies and heads full of ideas. But what’s the true return on investment (ROI) of attending the Craft Brewers Conference when it comes to growing the bottom line of your brewery business? If you or your team didn’t attend the conference, this will give you some insight into what was missed and for those that did attend, some ideas for how to revisit sessions and take advantage of all that was offered to help you optimize the business side of your brewery.
State of the Craft Beer Industry Report
April 13, 2022 | Julie RhodesAfter surviving a dismal Q1 of 2022, the craft beer industry can finally breathe a sigh of relief and look forward to more sunny skies for the remainder of 2022. A recent smattering of craft beer industry updates from trade associations, allied trade partners, and data aggregates are providing craft breweries more light at the end of their pandemic market tunnel. The general consensus is optimistic, whether it’s Bart Watson from the Brewers Association relaying his confidence about 2022 for craft brewers or 76% of craft brewers themselves waxing positive about sales growth this year in the 2022 Brewing Growth Trends Report from Arryved. It’s time to break out your sunglasses beer folks, let’s take a look at the brighter state of the craft beer industry (with some occasional clouds) heading into the remainder of 2022.
Imperial Oak Brewing Buys Brixie’s | Second Brewpub Coming Soon
February 11, 2020 | Mathew PowersSuburban Chicago’s Imperial Oak Brewing will celebrate its 6th anniversary this May, and that will be the last one as a single-location brewery. Imperial Oak will open a second location about ten miles north of its current taproom this summer; the brewery purchased Brixie’s Craft Beer Bar, a family-run bar that first opened in 1934.
Imperial Oak (Willow Springs) joins several other of Chicago’s west- and south-suburban breweries that opened in a roughly fifteen-month stretch from late 2013 though early 2015 in expanding, and in the process have grow into name-brands. Imperial Oak, Hailstorm, Pollyanna, Noon Whistle, and Werk Force have all expanded their original spaces, and some are now adding second and third locations.
A Look at How the Craft Beer Market Could React to Stagnating Growth in 2018
December 28, 2017 | Taylor LaabsIt has been another exciting year for the craft beer market, and with more than 6,000 craft breweries operating in the U.S, it’s safe to say that craft beer has become a viable economic institution in the United States. That said, the beer market overall is stalling – with stagnant year over year growth across the larger industry. Bart Watson, the Brewers Association’s chief economist, told the St. Louis Post-Dispatch that “the total market growth for craft brewing production is slowing down… It’s still growing but not at the double-digit rates we saw over the past decade.” So, has craft beer hit a plateau that many predicted? Or do craft breweries find new avenues to expand and improve?
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