Craft Beer Production in the US - Market Research Report (2014-2029)

Eternal hoptimist: Continued interest in craft beers and visiting craft breweries will likely support industry revenue growth

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Once seen as a hobby, the Craft Beer Production industry has transformed into one of the fastest-growing and most popular alcoholic beverage segments in the United States. As consumers increasingly desire a greater variety of beers, brewers have siphoned significant demand from traditional macrobreweries. Consumers have gravitated toward microbreweries and local brewpubs for their attention to detail, range of styles, quality ingredients and expertise. While the industry experienced growth over much of the five years to 2022, revenue is expected to decline at a CAGR of 1.4% to $7.7 billion because of the losses incurred from the COVID-19 pandemic.

This industry includes microbreweries and brewpubs that produce beer for resale or consumption on premises. A microbrewery produces a limited amount of beer, typically no more than 6.0 million barrels (189,000,000 US gallons) of beer per year. A brewpub brews and sells beer on the premises and may prepare and serve food to dining patrons. A brewpub may also be considered a microbrewery if it engages in a significant amount of beer distribution on a regional level.