The Boston Beer Co. Inc., Boston, reported second quarter 2015 net revenue of $252.2 million, an increase of $20.6 million or 9 percent versus the same period last year. This increase is mainly due to core shipment growth of 7 percent, the company says.
Mid-year measurement shows craft beer industry growth
July 27, 2015
The craft brewing industry has continued its strong growth in the first half of 2015, according to new mid-year data released by the Boulder, Colo.-based Brewers Association, the not-for-profit trade association dedicated to small, independent American craft brewers. American craft beer production volume increased 16 percent during the first half of the year, it says.
The pop song “Sugar, Sugar” by The Archies contains the catchy line “Honey, honey, ah, sugar, sugar, you are my candy, girl, and you got me wanting you.” Although they weren’t singing about beverages, “honey, honey” is being used as a “sugar, sugar” substitute by beverage-makers and health-conscious consumers in hot and iced teas, water, and more.
Casks, oak-barrel aging and complex full-bodied flavor is synonymous with wine. But craft brewers are changing that. Today, craft beer brewers are doing more with exotic ingredients and time-honored processes typically reserved for grapes.
Craft beer has revolutionized the beer category and is moving out of microbreweries and into the main market. According to the Brewers Association, Boulder, Colo., there were over 3,200 brewers in the United States as of November 2014. The trend shows no signs of slowing.