Industry Analysis & Industry Trends
Changing taste preferences among consumers has led to a shift toward higher-quality beer brands and new styles instead of the industry's standard premium brands. This trend has stimulated growth among the industry's craft beer producing establishments, but it has also come at the expense of sales from the industry's most well-known international beer manufacturers. In the coming years, beer is expected to attract a smaller share of consumers' demand for alcoholic beverages, as consumers continue to diversify their alcoholic beverage consumption across all ranges of beers, wines and liquors... purchase to read more
Industry Report - Starting a New Business Chapter
Different barriers exist depending on whether a new operator wishes to enter the Breweries industry as a small, local brewer or as a large, regional producer. Entry for craft brewers, for example, can be facilitated fairly quickly by leasing preexisting turnkey facilities and production space, but starting large-scale production will require significant cash investments and substantial purchases of capital and equipment.
Barriers to entry include sunk costs and other high ongoing capital requirements, such as capital costs of manufacturing facilities and branding. Major companies have preexisting agreements with distributors, which are also heavily regulated and limited on a regional basis, severely reducing the distribution opportunities available to new players... purchase to read more