Across IRI multi-outlet and convenience channel (MULC) sales data — which comprises grocery, drug, club, dollar, mass - merchandiser (including Walmart) and military stores — total
beer dollar sales are up 4.2 percent through May 17.
Not exact matches
Retail
dollar sales of craft increased 8 %, up to $ 26.0 billion, and now account for more than 23 % of the $ 111.4 billion U.S.
beer market.
However, the volume growth was less than half of what the Brewers Association saw in years past when craft
beer volume increased by 17.6 % and
dollars sales surged by 20 % between 2012 and 2013, according to IRI data.
While category - wide
beer volume
sales remain flat across IRI's measured multi-outlet and convenience channels (MULC — which comprise grocery, drug, club,
dollar, mass - merchandiser, Walmart and military stores), up just 0.7 percent through May 15, growth in the craft
beer category, which was growing double - digits at this time last year, has slowed considerably.
After many years of double - digit gains in volume and
dollar sales in the United States, the craft
beer market could be approaching a status of maturation, according to analysts.
Year - to - date craft
beer volume
sales, meanwhile, increased 3.6 percent while
dollar sales grew 5.5 percent during the period.
Although premiumization trends have provided growth for domestics through super-premium brands as well as import and craft
beers, the hard cider segment has not been as fortunate as case and
dollar sales were down in 2016, based on IRI data.
Dollar sales also declined for three other top craft
beer producers: Craft Brew Alliance -LRB--5.3 percent), Deschutes Brewery -LRB--5.4 percent) and North American Breweries -LRB--6.9 percent).
IRI, which tracks
beer sales at off - premise retailers, reported that total
beer sales through the first 11 months of 2017 exceeded $ 31.8 billion in the firm's multi-outlet and convenience (MULC) universe of stores (grocery, drug, club,
dollar, mass - merchandiser and military).
Domestic premiums (Budweiser, Bud Light, Miller Lite, Coors Light and others)-- the largest
beer segment — are in decline, as volume
sales dropped 3.9 percent while
dollar sales dipped 3 percent.
Constellation Brands, which produces and distributes the popular Modelo and Corona Mexican import labels, as well as
beers from San Diego craft brewery Ballast Point, continued its rise as the only
beer company among the top 5 vendors to post increases in both
dollar sales (14.1 percent) and volume
sales (12.5 percent).
With its premium positioning and a price point typically less than their craft
beer counterparts, imported
beers have seen case and
dollar sales increase in the past year, analysts note.
The import
beer segment performed the best among all
beer segments in the U.S.
beer market in 2016 with Mexican
beers posting double - digit growth in case and
dollar sales.
Retail
dollar sales of craft increased 8 %, up to $ 26.0 billion, and now account for more than 23 % of the $ 111.4 billion U.S.
beer market.
In August 2015, Constellation Brands completed the acquisition of the Meiomi luxury wine brand, the number one pinot noir in
dollar sales growth, followed by the acquisition of Ballast Point in December 2015, one of the fastest - growing craft
beer companies in the U.S.. Most recently, Constellation announced its agreement to acquire The Prisoner Wine Company — home of super luxury wines The Prisoner, Saldo, Cuttings, Blindfold and Thorn.