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Craft/Microbreweries Proliferate, Business and Industry Trends Analysis

Craft brewers are generally small independent brewers of beer and/or ale. The hallmark of craft beer and craft brewers is often innovation. These brewers typically interpret historic styles with unique twists and develop new styles that have no precedent. Craft beer is generally made with traditional ingredients like malted barley, while interesting and sometimes non-traditional ingredients are often added for distinctiveness.

In recent years, the number of regional craft breweries, microbreweries, taprooms and brewpubs has proliferated throughout the U.S. These breweries rose from 4,803 in 2015 to 9,552 in 2022 according to the Brewer’s Association.

Overall beer volume sales in 2022 were down 3% from 2021 to 182.1 million barrels or $115.4 billion. However, sales of craft beer in 2022 rose by 0.1% to 24.3 million barrels or $28.4 billion (a 6%-dollar growth over 2021).

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