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Stock impact report

Brewers Association Releases List Of Top 50 Largest Craft Brewing Companies For 2023 [Forbes]

Boston Beer Company, Inc. (The) (SAM) 
Last boston beer company, inc. (the) earnings: 4/22 04:15 pm Check Earnings Report
US:NYSE Investor Relations: bostonbeer.com/overview
Company Research Source: Forbes
The Brewers Association, the trade association representing America's small and independent breweries, released its annual review of production figures for the U.S. craft brewing industry . As part of that annual release, the Association also ranks America's largest craft brewers by production), a list that is watched by the industry to identify beer trends. In 2023, the number of breweries grew to an all-time high of 9,683, directly employing 191,421 people. Despite the year being challenging for the craft beer industry — overall production declined by 1.0% from 2022 — brewery openings outpaced closures, though the rate of openings has slowed dramatically in recent years. Because craft beer is priced at a premium, sales dollars grew in 2023, despite the small decline in volume. “I think these numbers show that while craft beer is no longer seeing the incredible growth of five or six years ago, the industry is doing fine,” says Bart Watson, chief economist with the Brewers Associ Show less Read more
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