The Brewers Association (BA), the not-for-profit trade association dedicated to small and independent American brewers, says growth for small and independent craft brewers remained steady for the first half of 2019. According to the association’s new midyear metrics, production volume for the craft segment increased 4 percent during the first half of 2019.
“Growth continues to follow a similar pattern we have seen in the past few years, with steady rates in the low-to-mid single digits,” said Bart Watson, chief economist, Brewers Association. “The majority of growth continues to come from microbreweries, taprooms, and brewpubs, whereas the distribution landscape remains more challenging for regional craft brewers.”
As of June 30, there were 7,480 active craft breweries, up from 6,464 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 (TTB) licenses.
“Overall demand for beers from small and independent brewers continues to increase, but at levels that make it difficult for all breweries to grow simultaneously,” added Watson. “This is a sign of a maturing market that will likely continue in the coming years.”