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Boulder, Colo., March 27, 2019 (GLOBE NEWSWIRE) -- The Brewers Association (BA)—the not-for-profit trade group representing small and independent craft brewers—today released its second annual list of the 50 fastest growing small and independent1 craft brewing companies of 2018.
Representing 27 states across the U.S., these small and independent breweries experienced a median growth of 163 percent with the median size being 1,350 barrels of in-house production in 2018. Breweries on the list range from 50 barrels to more than 40,000, and grew from less than 70,000 barrels collectively in 2017 to more than 170,000 barrels in 2018. As a group, these brewing companies represent approximately 10 percent of total craft growth by volume for the year, and include 13 brewpubs, 35 microbreweries and two regional craft breweries.
"Even as market competition continues to increase, these small and independent breweries and brewpubs demonstrate there are still growth opportunities across a diverse set of regions and business models," said Bart Watson, chief economist, Brewers Association.
View & Download Map of Top 50 Fastest Craft Brewing Companies
Methodology: The list presented includes only small and independent breweries. Growth is measured based on production at their own facilities. Breweries must have opened by December 31, 2016 or earlier to be considered. It only includes breweries that reported 2018 production to the Brewers Association’s annual Beer Industry Production Survey; breweries with staff estimates or data from state excise tax reports were not considered. Breweries also needed a validated production figure for 2017, either via the production survey, or state excise tax data.
A comprehensive State of the Industry report will be delivered during the 2019 Craft Brewers Conference® & BrewExpo America®, held from April 8-11 in Denver, Colorado. The association’s full 2018 industry analysis, which shows regional trends and sales by individual breweries, will be published in the May/June issue of The New Brewer, available in May 2019.
1 An American craft brewer is a small and independent brewer. Small: Annual production of 6 million barrels of beer or less (approximately 3 percent of U.S. annual sales). Beer production is attributed to the rules of alternating proprietorships. Independent: Less than 25 percent of the craft brewery is owned or controlled (or equivalent economic interest) by an alcoholic beverage industry member that is not itself a craft brewer. Brewer: Has a TTB Brewer’s Notice and makes beer.
About the Brewers Association
The Brewers Association (BA) is the not-for-profit trade association dedicated to small and independent American brewers, their beers and the community of brewing enthusiasts. The BA represents 4,800-plus U.S. breweries. The BA’s independent craft brewer seal is a widely adopted symbol that differentiates beers by small and independent craft brewers. The BA organizes events including the World Beer Cup®, Great American Beer Festival®, Craft Brewers Conference® & BrewExpo America®, SAVOR™: An American Craft Beer & Food Experience, Homebrew Con™, and National Homebrew Competition. The BA publishes The New Brewer® magazine and Brewers Publications® is the leading publisher of brewing literature in the U.S. Beer lovers are invited to learn more about the dynamic world of craft beer at CraftBeer.com® and about homebrewing via the BA’s American Homebrewers Association® and the free Brew Guru® mobile app. Follow us on Facebook, Twitter and Instagram.
The Brewers Association is an equal opportunity employer and does not discriminate on the basis of race, color, national origin, gender, religion, age, disability, political beliefs, sexual orientation, or marital/familial status. The BA complies with provisions of Executive Order 11246 and the rules, regulations, and relevant orders of the Secretary of Labor.
Abby Cohen Rosen Group (on behalf of the Brewers Association) 6466957044 email@example.com