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  • U.S. craft beer market fell flat in 2022

    04/18/2023 11:33:57 AM PDT · by Red Badger · 28 replies
    Axios ^ | April 18, 2023 | John Frank
    Illustration: Sarah Grillo/Axios The nation's craft beer market is at an inflection point. Driving the news: Independent brewery production remained flat at 24.3 million barrels in 2022, according to an annual report released Tuesday from the Brewers Association, the industry's trade group. The number of new breweries opening decreased for the second consecutive year, while the closings rate increased to 3%. Why it matters: Outside of the pandemic slump, this is the first time in history the industry didn't see year-over-year production percentage growth, Axios has learned. The association has tracked production since the mid-1980s and the previous low point...