Our latest thinking on topics in the brewing industry.
Some of the most talked about beer industry stories in the last few years relate to brewery transactions. It’s clearly big news when the likes of Anheuser-Busch InBev, MolsonCoors and Heineken make strategic acquisitions.
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To improve profits in today’s beer industry breweries must find new ways to control costs, boost revenue and tap previously hidden catalysts for growth. However, that’s easier said than done. It takes time and effort to develop a playbook that works.
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When a category explodes the way hard seltzers have, it’s typical to hear a lot of people call it a fad, or at least questioning its sustainability. You don’t generally find a lot of claims that a surging category still has untapped potential, and yet this may well be true of hard seltzer.
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Water is a significant component of the brewing process. It makes up more than 90 percent of most beers and is used extensively in brewery cleaning and maintenance processes.
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To address New York State’s Farm Brewery requirement of 90% in-state ingredients by 2023, Empire State Brands engaged First Key in August 2019 to complete a feasibility study which was funded in part by New York’s Chautauqua County, Chautauqua County Industrial Development Agency and local foundations.
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Anyone close to the craft beer business knows what’s been happening in recent years. The most recent pivotal year for craft beer growth was 2016, when the annual rate of increase “crashed” to 0.4%[i] after averaging 14% yearly growth for the past ten years.
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Recently, on the Fermentation Beer & Brewing podcast, host Emma Inch discussed a saffron beer with the brand’s developer, Jake Balfour-Lynn.
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In today’s ever-changing consumer market, craft breweries are becoming increasingly prominent. As a result of this growing trend, we thought it would be useful to engage current, and future, craft brewery owners on the different approaches used in craft brewery valuations.
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