Popular beer brands shut down with no notice, no bankruptcy
The beerpocalypse shows no sign of letting up as multiple local, regional, and global favorites have closed down in June.
Craft breweries have been closing all across the United States.
You can blame the Covid pandemic, oversaturation, or some combination of the two, but the results have been bleak.
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"Craft brewers produced 23.1 million barrels of beer in 2024, a 3.9% decrease from 2023. Craft’s market share by volume dropped slightly to 13.3% as the overall U.S. beer market declined by 1.2% in volume," according to the Brewer's Association annual report.
The past year also showed another disturbing trend that has shaken the industry.
"In 2024, there were 9,796 operating U.S. craft breweries, including 2,029 microbreweries, 3,552 brewpubs, 3,936 taproom breweries, and 279 regional craft breweries. 2024 was the first year since 2005 that the number of breweries that closed outpaced brewery openings nationwide," it shared.
