IRI Indicates Craft Beer Dollar Sales Down 4.8% in 2022
The US craft beer segment was down 4.8% in dollars in 2022, says Scott Scanlon, executive vice president, beval vertical at Circana (formally Information Resources Inc. (IRI).
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posted by Tom McCormick
The US craft beer segment was down 4.8% in dollars in 2022, says Scott Scanlon, executive vice president, beval vertical at Circana (formally Information Resources Inc. (IRI).
posted by Tom McCormick
Samuel Adams is inviting brewers nationwide to apply for its annual Brewing & Business Experienceship, offering mentorship for craft brewery founders through its philanthropy program, Brewing the American Dream. In its effort to support food and beverage entrepreneurs nationwide, each year the Experienceship offers one up-and-coming craft brewer the opportunity to access resources and support from Boston Beer Co. staff. The program culminates in a collaboration beer release brewed together with the brewers at Samuel Adams Boston Brewery.
posted by Tom McCormick
New Belgium Brewing has announced that it will acquire the Constellation brewery in Daleville, Virginia. In addition to brewing its own brands at the site, New Belgium has reached an agreement a contract brew Constellation brands as well.
posted by Tom McCormick
In a court case being watched closely by those in the alcohol beverage industry, a Manhattan federal jury found that Constellation Brands did not violate a U.S. distribution agreement with Anheuser-Busch InBev SA by selling hard seltzers branded with the Modelo and Corona names.
posted by Tom McCormick
Sierra Nevada Brewing Company has made a minority investment in Riot Energy, an organic energy drinks brand from Venice, Calif. Sierra Nevada is expected to produce and package the brand at its, CanDo Innovation Center, which is slated to begin operations this summer. It is only the second time that Sierra Nevada has invested in another beverage company.
posted by Tom McCormick
Early Bird pricing to register for the 2023 Craft Brewers Conference and BrewExpo ends tomorrow Wednesday, March 1. The Early Bird registration gives attendees a discounted rate on the conference.
posted by Tom McCormick
Sales of Guinness in pubs across Britain have surpassed Carling and the Irish stout is now the number one selling pint accounting for one in every nine pints pulled in the U.K.
Guinness surpassed Carling to become the number one beer in British pubs in terms of value sales towards the end of last year. The fact that a stout is now the number one beer in British pubs is notable after lagers gained immense popularity in the U.K. over the last few generations.
The global drinks company Diageo, which now owns Guinness, had a strong performance in its half-year results, with a rise in net sales and growth across all regions. Global sales growth increased by 9.4%.
posted by Tom McCormick
Distilled spirits market share in the U.S. has surpassed beer for the first time, growing supplier sales market share for the 13th straight year up to 42.1%. The growth puts spirits just slightly ahead of beer at the end of 2022, with beer posting a market share of 41.9%.
According to the annual economic briefing by Distilled Spirits Council of the United States (DISCUS), spirits supplier sales in the U.S. grew by 5.1% in 2022, totaling a record sum of $37.6 billion. Volumes also rose 4.8%.
The biggest growth sector was in premium cocktails, including spirits-based RTDs, which grew at by 35.8%.
posted by Tom McCormick
A bill in California supported by the Distilled Spirits Council (DISCUSS) would allow retailers with a beer and wine license to also sell spirit-based RTD’s, a move which would further blur the line that has traditionally existed between spirits and beer and wine.
posted by Tom McCormick
High Country Hop, the annual celebration of the Australian hop harvest is returning in its ninth year with Firestone Walker brewmaster Matt Brynildson joining some of Australia’s top craft brewers. Brynildson will be the keynote speaker at the event’s technical symposium ahead of the festival.
posted by Tom McCormick
In collaboration with the Seibel Institute of Technology, the Glen Hay Falconer Foundation is offering a full-tuition brewing education scholarship in 2023. The scholarship is a full tuition grant and comes with a travel and lodging stipend.
posted by Tom McCormick
Boston Beer Company has recently announced the launch of a “remastered” Samuel Adams Boston Lager, which the company will feature in an ad that includes comedian Lenny Clarke and former Celtics player Kevin Garnett. A 30-second version of the ad will air during the Super Bowl broadcast on February 12th.
posted by Tom McCormick
The United States Department of Agriculture (USDA) 2022 National Hop Report shows that hop production for Idaho, Oregon, and Washington in totaled 101 million pounds last year, down 12 percent from the 2021 crop of 116 million pounds.
posted by Tom McCormick
U.S. brewers shipped an estimated 161,586,015 barrels of beer in 2022, a 4.6% decline versus 2021, according to the Beer Institute (BI).
posted by Tom McCormick
A rare agreement between a state beer wholesalers trade group and craft brewers has paid off as legislation to allow limited self-distribution by brewers in Virginia appears headed for approval.
posted by Tom McCormick
Registration for the 2023 U.S. Open Beer Championship is now open. Brewers can register beers thru May 15th.
posted by Tom McCormick
Tilray Brands Inc., a cannabis company that currently owns SweetWater Brewing Co. and Montauk Brewing Co. has said they plan more alcohol beverage acquisitions in the US to build out its distribution network.
posted by Tom McCormick
In a trend that may be picking up momentum across the country, Washington state legislators are considering a bill that would lower the blood alcohol limit from 0.08 to 0.05.
posted by Tom McCormick
Expanding its reach into California, Breakthru Beverage Group announced that it has signed an agreement to acquire statewide beer and wine wholesaler Wine Warehouse in California.
posted by Tom McCormick
The rains have come to California, but much of the Western U.S. remains in a severe drought. In Mexico, the prolonged drought has amplified concerns that large breweries are using precious water to make beer that is exported out to other countries.
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