Dear Client: Contracting times were still a craft reality last year, with the craft brewing industry posting a 5.1% decline in production in 2025, per the Brewers Association’s just released Annual Craft Brewing Industry Production Report. Distilling down further, 60% of craft breweries reported declines last year, with 39% reporting growth and 1% falling flat. Business model-wise: CRAFT KEEPING SHARE AMID BROADER SOFTNESS IN BEER. While volume declines have accelerated for craft as of late (down 1% in 2023, down
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