Industry Analysis & Industry Trends
The Breweries industry has benefited from consumers opting for cheap beer over other alcoholic beverages during the period of low disposable income since 2008. As incomes improve over the next five years, the craft and premium beer segments are expected to bolster revenue growth, slightly offset by contraction in total industry sales volume. Because the market for specialty brews is saturated, a slowdown of new businesses entering the industry is expected to benefit the industry's bottom line... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The growth of craft and premium beer has contributed to declining demand for mainstream industry products. Sales by volume are in decline as consumers reduced spending during the recession and started switching to alternative alcohol, like wine and cocktails, in recent years. Some premium product segments are still performing well and are also more profitable for large brewers. Demand for craft brews from smaller breweries is also rising, though smaller breweries earn much lower profit due to lower production volumes. Consequently, industry value added, which measures the industry's contribution to the economy, is expected to increase at an annualized rate of 2.8% during the 10 years to 2018. Meanwhile, GDP is anticipated to increase an average 2.1% per year... purchase to read more