Exclusive news and research on the wine, spirits and beer business

Craft Brewing and Distilling News for July 28, 2016

July 28, 2016

•Craft beer production grew by an estimated 8% in the first half of 2016, according to the Brewers Association, marking a slowdown from a rate of 13% in 2015. “We’re entering a period of maturation that often occurs in industries as the base gets larger,” said Bart Watson, the Brewers Association’s chief economist, adding that craft is “nowhere near saturation in most markets.” While craft’s percentage growth has slowed, the number of craft breweries continues to surge. As of June 30, the Brewers Association counted 4,656 breweries operating in the U.S., up by 917 from a year earlier, and noted that another 2,200 breweries are in the planning stages across the country.

•Wisconsin-based craft brewer Ale Asylum is gearing up to release its first packaged lager, Oktillian Oktoberfest. Oktillian is at 6% abv and will be rolling out on draft and in 12-ounce bottle six-packs. Ale Asylum is also re-releasing 8.8%-abv Double IPA Satisfaction Jackson on draft and in six-pack format. Both brews will launch in Wisconsin and Illinois on August 1 and are expected to be available through October.

Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.

Tagged : ,

Get your first look at 2019 data and 2020 projections for the wine and spirits industries. Order your 2020 Impact Databank Reports. Click here.

Previous :  Next :