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TRENDS: Continued Growth For Craft Beer

Craft Beer
A trio of craft beers from New York State that “competed” in our Super Bowl beer tasting (New York versus New England).
  This Bud’s not for you, if you’re one of the millions of Americans with a finer palate for craft beer, represented by the bottles at the right—all of which are proudly brewed in our home state of New York. (Brooklyn Brewery, which has quite a few exciting brews—of which the lager shown is the everyday basic—is one of our favorites.) The craft beer market again grew by double digits in 2007, leading all other segments in the beer category. The Brewers Association reports that estimated sales by independent craft brewers were up 16% in dollars (12% percent in volume). While craft brewers’ share of the total beer category is just 5.9% of sales and 3.8% of volume, In 2007, the U.S. had 1,449 total breweries in operation, of which 1,406 comprise small, independent, and traditional craft brewers. The other 43 are industry giants— Anheuser-Busch (Budweiser, Miller), Molson Coors, Pabst (also owns Schlitz) and regional brewers like Ballantine of New Jersey, Rheingold of New York, Stroh of Michigan, Stroud of Pennsylvania and Narraganset of Rhode Island.
Since 2004, dollar sales by craft brewers have more than doubled: they’ve increased by 58%, according to the Brewers Association. This correlates with the trend of buying local products, plus a preference for higher-quality, more flavorful specialty foods and beers. While craft brew quaffers are very familiar with labels like Anchor Steam, Brooklyn Brewery, Goose Island, Harpoon and others carried by stores that can carry upwards of 100 craft brands, nearly 70% of craft breweries are brewpubs that make and sell most or all of their beer on-premises. Read more about beer in the Beer Section of THE NIBBLE online magazine.

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