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Writing this feature in 2024, I’m tempted to recycle a similar piece I did on craftbeer circa 2017. It’s not uncommon to say that the whiskey industry is five to seven years behind craftbeer in terms of trends. Will the industry fall into a similar trap as what has happened with craftbeer?
According to data and analytics company IWSR , the nation’s total beverage alcohol volumes (TBA) decreased by 3 percent overall due to myriad factors including inflation and economic hardships on consumers, an increased focus on moderation and health consciousness, and imbalanced inventories. Premium Beer or Bust The U.S.
But craft distilleries are in trouble. Founders are throwing in the towel; inventory and equipment are being sold off; and bottles that were once on shelves are disappearing. Attendees of the February convention for the American Craft Spirits Association (ACSA) say that a dark mood is simmering.
B9 Beverages, maker of Bira 91, has seen losses rise by 68 percent in FY24 due to a 80 crore inventory write-off and name change-related sales suspension, according to media reports. The company attributed this loss to both the one-time inventory write-off and evolving state policies that impacted its key markets. to B9 Beverages Ltd.,
Since the dawn of craftbeer, bars have played a pivotal role in the boom of American brewing. Nowhere is this more true than at the more specialized spots: the beer bars, as we know them, with their thoughtful selections across tap lines and bottle lists, and their dedication to service, atmosphere, and education.
That said, when it comes to the United States’ brewing industry, comparing the way things are to The Way Things Were is a tried-and-true method for assessing beer’s rapidly shifting place in the national zeitgeist. And Super Bowl beer ads were pretty terrific. “A Hackneyed columnists’ crutches aside, it’s time to face reality.
Spirit-free bars and bottle shops are popping up across the United States, and curious consumers can now peruse aisles of zero-proof spirits, wine, beer, and RTDs. But when his zero-proof inventory sold out opening week, he decided to lean into the spirit-free movement. The alcohol-free category continues to thrive. ” she said.
When we set out to assemble this annual package of the latest and greatest breweries in the country, we envisioned a breezy survey of beer professionals brewers, bar owners, educators, writers, and more across the brewing industrys national landscape. Justin Hemminger, deputy director at Ohio Craft Brewers Association Blue Jay Brewing Co.
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