2020 is the total pits, so lets reflect on 2019, shall we? The Brewers Association (BA) released its annual growth figures for the U.S. craft brewing industry. In 2019, small and independent brewers collectively produced 26.3 million barrels of beer and realized just under 4% total growth, increasing craft’s overall beer market share by volume to 13.6%.
Retail dollar value was estimated at $29.3 billion, representing 25.2% market share and 6% growth over 2018. Growth for small and independent brewers occurred in an overall down beer market, which dropped 2% by volume in 2019. Craft brewers provided more than 160,000 direct jobs, an increase of 7% over 2018.
“Small and independent brewers continued to serve as job creators, strong economic contributors, and community beacons in 2019, while craft maintained a fairly stable growth rate in 2019 and continued to gain share in the beer market,” said Bart Watson, chief economist, Brewers Association.
There were 8,275 craft breweries operating in 2019, including 2,058 microbreweries, 3,011 brewpubs, 2,966 taproom breweries, and 240 regional craft breweries. Throughout the year, there were 942 new brewery openings and 294 closings.
“Although craft brewers entered 2020 on a solid foundation, the beer landscape is dramatically different today than it was just a few months ago. Breweries will be facing new realities due to the pandemic with extended closures, tight cash flow, societal shifts, and other economic variables in play. These 2019 figures will allow us to see how much COVID-19 affects small brewer production and jobs,” added Watson.
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