Craft Retail Sales Were Down 22% Last Year, Production Down 9%

Dear Client:   The Brewers Association released annual production figures for the U.S. craft brewing industry this morning. So how did the segment fare? In a nutshell, it lost volume share and dollar share as the on-premise was decimated, but the number of brewers continued to climb, though decelerated from prior-year opening rates.  Last year, BA-defined craft brewers produced 23.1 million barrels, which was down 9%. That led to a decrease in share, to 12.3% volume share of the beer market,