According to the Brewers Association, the trade group for craft beer in the US, the number of craft brewers in 2013 increased by 15%, resulting in lost market share for America’s biggest craft brewer.
While Americans are drinking less — overall beer shipments in first half of 2014 down 0.1% — production volumes for craft beer increased by 18% in the first six months of this year to 10.6 million barrels. The Brewers Association says the craft beer market has doubled in just four years. Craft beer producers are single-handedly keeping the beer business afloat. And even though the maker of Sam Adams, Angry Orchard (very tasty) and Twisted Tea is losing market share, its business is doing just fine thank you very much.
While purists definitely cringe at the thought of craft brewer IPOs, here are three I’d like to see happen: