In addition to looking back at mounting trends in this niche market, we look at the impacts of COVID-19. The craft brewery industry is heavily customer-centric. We explore how shelter-in-place orders have affected these breweries as well as the strategic actions brewery owners can take to continue to grow in an industry that’s been significantly shaken by the recent health crisis.
What’s on tap?
While those in the craft brewing industry are confronting the challenges of COVID-19, they’re also struggling with industry maturation, increased competition, and declining margins. We offer our recommendations for what restarting operations looks like amid uncertainty and the steps that will help assure you survive on even footing. This outlook explores:
- On-premise sales vs. off-premise sales, and why that matters in 2020.
- Social distancing guidelines and how they impact your ability to get in front of customers.
- Packaging mix and how to best distribute your products.
- 2018 performance growth in beer volume, net beer revenue by barrel, gross profit per barrel, and more.
If you’d like to discuss any of the information provided in this report or how to “fill the beer glass back up”, please don’t hesitate to contact us. We look forward to helping you create a strong vision for your brewery in 2020 and beyond.