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The Rise of Lifestyle Beers
A crosscurrent is developing among craft beer consumers: a demand for simpler more refreshing beers that increasingly complement a healthier lifestyle.
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It can be easy to forget that every brewery is also a business that requires strong leadership, a positive company culture, stable finances, and more. This section is for everything beyond the brewhouse, including regulation and government affairs; promotion of diversity and inclusion in the craft beer industry; establishment of best practices for human resources, management and leadership in breweries; maintaining healthy finance and accounting practices; and understanding the statistics and trends that are affecting the indsutry overall.
A crosscurrent is developing among craft beer consumers: a demand for simpler more refreshing beers that increasingly complement a healthier lifestyle.
As the growth of craft beer as a category has tapered off, some observers have lamented that frewer craft brewers seem to truly innovate, with many now following trends.
Microbreweries are now the primary engine in craft growth. Seventy-eight percent of craft beer growth in 2016 came from breweries that sold fewer than 15,000 barrels.
Craft beer volume grew 6 percent last year, but those gains weren’t spread around evenly. Fifteen of the top 25 craft breweries saw their volumes drop over 2015.
The rise in craft beer has, for the most part, masked the slow deterioration of what is still the largest segment of the U.S. beer business.
Several breweries are finding new ways to get customers engaged and involved, including taste testing and rating experimental beers and recipes.
The craft brewing industry has reached a new level of competitiveness, with increasing competition within craft and more than two brewery openings per day.
Brewpubs were up nearly 15 percent in 2016, and this strong performance is welcome news since the segment is at the very heart of the craft beer industry.
Brewpubs have the wind at their backs. In 2017, 264 brewpubs opened, 64 closed, and the total in operation surpassed 2,000 for the second straight year.
Many craft breweries are finding success with unusual business models, from small breweries with an extended reach, to a combination brewery and running shoe store.