![#](https://e-malt.com/Images/left_top_corner16x200.gif) | E-Malt.com News article: USA: Number of craft breweries reaches an all-time high in 2023 but production down 1% as compared to 2022![Brewery news](https://e-malt.com/Images/BeerBullet2.gif)
The Brewers Association (BA) — the trade association representing small and independent craft brewers — released on April 16 annual production figures for the U.S. craft brewing industry.
The number of operating craft breweries continued to climb in 2023, reaching an all-time high of 9,683, including 2,071 microbreweries, 3,467 brewpubs, 3,900 taproom breweries, and 245 regional craft breweries. The total U.S. operating brewery count was 9,812, up from 9,730 in 2022. Throughout the year, there were 495 new brewery openings and 418 closings. Openings decreased for a second consecutive year, with the trend reflecting a more mature market. The closing rate increased in 2023 but continued to remain relatively low, at approximately 4%.
Driven by the growing number of breweries and a continued shift to hospitality-focused business models, craft brewers directly employed 191,421 people in 2023, a 1.1% increase from 2022.
“2023 was another competitive and challenging year for small and independent brewers,” said Bart Watson, vice president of strategy and chief economist of the Brewers Association. “Nevertheless, even as growth has downshifted, small brewers have proved quite resilient, as seen in the increase in number of breweries, relatively low closing rates, and gains in onsite sales and jobs.”
Collectively, small and independent brewers produced 23.4 million barrels of beer in 2023, a decline of 1.0% from 2022, though craft’s overall beer market share by volume grew to 13.3%, up from 13.1% in 2022 as craft’s declines were smaller than overall beer volume losses.
The overall beer market* shrank 5.1% by volume in 2023. Retail dollar value was estimated at $28.6 billion, representing a 24.5% market share and 3% growth over a comparable value in 2022. Sales growth was stronger than volume primarily due to pricing but also due to slightly stronger onsite sales growth versus distribution.
“As always, the beverage alcohol market and consumer demand continue to evolve,” added Watson. ”Many brewers are accordingly updating their operations to match those changes, focusing on their business models, go-to-market strategies, and brand strategies to help their businesses match those shifts.”
In addition, the Brewers Association also released its annual list of the top 50 producing craft brewing companies and overall brewing companies in the U.S., based on beer sales volume. Of the top 50 overall brewing companies in 2023, 40 were small and independent craft brewing companies.
“While distribution is as competitive as ever, we continue to see success stories and pockets of growth across the top 50 list,” said Watson. “Even in an era of slow growth, the strongest brands still resonate with beer drinkers, regardless of company size or location.”
16 April, 2024
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