Craft segment up 6% in 2016, according to Brewers Assn stats released this morn. That’s just half the 12% growth rate in each of prior 2 yrs. Number of craft brewers in US catapulted to 5,234 last yr even amidst slowdown (5301 breweries overall), with a whopping 826 openings and 97 closings. Number of US craft brewers has more than doubled in just last 4 yrs. Craft at 12.3 share of mkt, using BA definition. “By adding 1.4 million barrels, craft brewer growth outpaced the 1.2 million barrels lost from the segment based on purchase by large brewing companies,” said BA. But some of those acquired cos grew faster. So BA estimate of segment growth rate slightly less than INSIGHTS (6.8%) as BA definition includes Yuengling, other regionals, while excluding some fast-growing acquired craft (up more than 25%), including Lagunitas, Ballast Point, AB and Miller buys etc. Craft segment has slowed further in scan data so far this yr. More detail in Craft Brew News.
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