Craft beer is poised to drive the next wave of growth in the U.S. beer industry.
In fact, craft beer sales are set to outpace craft beer in total volume in 2019 and beyond, according to the Brewers Association.
Craft beer accounts for over 30% of beer consumption in the country, but the industry has struggled to get the distribution and retail presence it needs to thrive.
The Brewers Association predicts that craft beer will grow to $8 billion in sales by 2020.
According to the association, it will also account for over $5.4 trillion in annual beer sales.
But the impact of craft beer on the overall beer industry isn’t just limited to the top 10 percent of beer drinkers.
According the Brewers, craft is already driving the growth of the entire beer market, which currently accounts for roughly 3.3 billion barrels of beer.
With craft beer, it’s a question of which markets are primed for growth, according Steve Jaffe, president of Jaffe & Associates.
“There’s going to be a big opportunity in some markets,” he said.
You’re going to see craft grow in a lot of markets and in some of those markets, you’re going see some very interesting growth.” “
It’s going be the next big beer.
You’re going to see craft grow in a lot of markets and in some of those markets, you’re going see some very interesting growth.”
Jaffe said that craft beers are already growing faster than traditional beers, but as they continue to gain market share, he believes the next step is for craft beer to drive growth in other markets.
“You’ve got the craft brewers who are starting to really ramp up, and I think we’re going the right direction in terms of the growth trajectory,” he explained.
According to Jaffe and other industry experts, it is important for beer drinkers to understand that the craft industry is a growing market and the future of the craft business is far from certain. “
I think it’s about to be very disruptive to the beer industry.”
According to Jaffe and other industry experts, it is important for beer drinkers to understand that the craft industry is a growing market and the future of the craft business is far from certain.
“Craft beer is about to go from being an interesting experiment in small batches to being a reality in the industry,” he told Business Insider.
There is a big difference between the growth in craft and craft beer.” “
As the industry grows, the way people consume it, the number of people drinking it, it all changes.
There is a big difference between the growth in craft and craft beer.”
The Brewers say that by 2020, they expect to see more than $3 trillion in beer sales, accounting for nearly half of all beer sales in the United States.
“The impact of the beer is so huge,” said Brian Beemer, director of market development for the Brewers.
“What you’re seeing is people who have never heard of craft are going from one beer to another.
The number of breweries in the market has grown dramatically in the last 10 years, and they are opening up a new market for craft brewers to compete.”
In a recent report, The Brewers predicted that craft will be the primary beer category in the top 5 percent of craft consumers in 2019.
This is according to a study conducted by research firm NPD Group.
The Brewers also predicted that by 2019, craft sales will reach $3.8 trillion.
By 2020, Jaffe believes the industry will be worth $8.4 billion, which would represent nearly 5% of the overall market.
According the Brewers’ analysis, the craft market is growing at a rate of 1.7% per year, or $839 million per year.
In 2019, the Brewers projected that by 2023, the industry is expected to reach $15.2 trillion in sales.
Craft beer’s impact on the beer market has been massive.
In the United Kingdom, craft brewers will have an impact of more than a billion barrels, according the Brewers report.
That number is projected to reach 5 billion barrels by 2025, or 10% of all craft beer volume.
In Germany, craft breweries will have a greater impact than in any other country, as the Brewers estimate that craft breweries in Germany will account for 15% of craft sales.
According a study by research group Nielsen, craft beers will account a staggering 30% market share in Germany.
A number of other countries are also seeing huge growth in their craft beer markets.
France is expected the fastest growing craft beer economy, accounting as of 2019 for around 9% of global craft beer exports, according Nielsen.
In Brazil, the country with the most craft breweries, the sector is expected be worth over $15 billion by 2025.
And in China, the Chinese market is forecast to grow by more than 100% in the next decade.
There is no shortage of reasons to celebrate this year’s craft beer industry milestone.