Not exact matches
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.
Total
craft growth slowed in 2015 as U.S.
craft brewers grew volumes by 13 percent and retail
dollars by 16 percent last year, according to new data compiled by trade group The Brewers Association (BA).
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.
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.
However, three large
craft brewers have managed to eek out single - digit
dollar sales
growth, including Yuengling (2.8 percent), New Belgium (6.1 percent) and Lagunitas (9.8 percent).
Several other
craft brands have achieved double - digit
dollar sales
growth so far in 2017, including Bell's Brewery (19.2 percent), Stone Brewing (14.8 percent), Sweetwater Brewing Company (15.8 percent), Firestone Walker (16.8 percent), Dogfish Head (14.8 percent), New Glarus (11.2 percent) and Artisanal Brewing Ventures (Southern Tier and Victory Brewing, which combined for 15.8 percent
growth).
Meanwhile, Ballast Point is the No. 2
dollar -
growth contributor in
craft, accounting for 11 percent of
craft industry
growth and experiencing double - digit depletion
growth, Sands said.
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.