Craft beer has taken the global beverage scene by storm, offering a diverse range of flavors, styles, and experiences that cater to beer enthusiasts and casual drinkers alike. The rise of craft breweries has brought a newfound appreciation for the art of brewing, emphasizing quality, innovation, and a deep connection to local communities. In this article, we’ll embark on a journey to explore some of the most famous craft breweries around the world, each contributing their unique essence to the world of beer…
In recent years, the craft brewery industry has undergone a remarkable transformation, evolving from a niche market to a significant player in the global alcoholic beverage sector. With a focus on quality, innovation, and unique flavors, craft breweries have captured the hearts of consumers worldwide. However, as the competition within the craft beer market continues to intensify, many breweries are now exploring new avenues for growth, including Business-to-Business (B2B) sales. This article delves into the types of businesses that craft breweries can effectively target for B2B sales, forging mutually beneficial partnerships and expanding their reach in innovative ways…
The craft brewing industry in the United States has experienced exponential growth over the past few decades, with a vibrant community of small and independent breweries producing innovative and high-quality beers. However, like any business, craft breweries face the challenge of managing their finances, including tax liabilities. Finding ways to reduce the tax burden can significantly impact a brewery’s bottom line and contribute to its overall financial health. In this article, we will explore some effective strategies that US craft breweries can employ to lower their tax bills while staying compliant with tax regulations…
A recent article from The Guardian explores the intricate landscape of the craft beer industry in the UK, highlighting both its boom and the challenges it faces in the wake of Brexit. The craft beer movement has flourished in the UK over the years, with numerous innovative and diverse breweries contributing to its growth. However, the country’s exit from the EU has presented hurdles for these businesses, from supply chain disruptions and increased costs to regulatory changes affecting exports to the EU…
The European Commission has released its proposals for EU-wide rules on packaging to ‘tackle this constantly growing source of waste and of consumer frustration’. But what will this mean for the beverage industry?
Last year, the brewing industry surfed the choppy waves of carbon dioxide shortages, a tight labor market, and spiking expenses, as inflation impacted everything from cans to grains to freight. “Nearly everything costs more than it did before the pandemic,” says Bart Watson, the chief economist at the Brewers Association. “Brewers haven’t been able to fully pass those costs onto customers, meaning lower margins.”
Low-to-no beer, cider, wine, and spirit products grew over 7% in volume across 10 key global markets in 2022, according to fresh data from IWSR Drinks Market Analysis.
The craft-brewing industry has slowly but definitively shifted in favor of smaller, hyper-local operations for whom success does not equate to taking over the world or the beer aisle.
US craft brewers have had to contend with supply chain disruption, competition from other beverage categories, and a continued unsteady on-trade recovery in 2022. But the innovation and flexibility of brewers will help them take on the challenges in 2023, says the Brewers Association, as it sums up the year.