Drink up: Favorable state legislation has enabled more upstart breweries to enter the industry

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, craft beer operators are expecte dto increase, also increasing wages as a share of revenue. While industry revenue is projected to grow, the cost of wages will ultimately challenge profit growth...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22

Industry Threats & Opportunities

  • The entry of new craft breweries has led to increased industry wage costs and lower profit margins
  • Several New York State tax credits have been made available to craft brewers
  • Revenue will grow faster among New York brewers than national brewers
  • Industry Report - Industry Products Chapter

    Premium beer and super-premium beerSuper-premium and premium beer account for a combined 57.5% of industry revenue. Premium beers typically have a lighter taste than craft beers and are usually produced in larger batch quantities with added adjuncts, such as corn and rice. Budweiser and Bud Light are two varieties of premium beers that are produced in New York State. Super-premium offerings, like premium offerings, have a light taste. However, they are brewed with higher-quality ingredients and are priced at a slightly higher price point. One popular super-premium beer produced in New York is Michelob ULTRA. Sales of premium and super-premium beers have declined over the past five years due to the growing popularity of craft beer...purchase to read more.

    Additional Insights for the Breweries in New York Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Breweries in New York Industry are

  • Establishment of brand names
  • Control of distribution arrangements
  • Marketing of differentiated products
  • IBISWorld analysts also discuss how external factors such as Demand from beer wholesaling and Access to Credit in New York in the Breweries in New York industry impact industry performance..

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    What's in this report

    What is the Breweries in New York Industry?

    The Breweries industry in New York primarily produces alcoholic beverages made from malted barley and hops, such as beer, malt liquor and non-alcoholic beer. This industry excludes wine, brandy, cider and distilled beverages such as vodka and rum. Bottling purchased malt beverages and manufacturing purchased malt are also excluded from this industry.

    Industry Products
  • Premium beer & super-premium beer
  • Craft beer
  • Sub-premium beer
  • Malt liquor & progressive adult beverages
  • Industry Activities
  • Canned beer production
  • Bottled beer production
  • Draft beer production
  • Non-alcoholic beer production
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from beer wholesaling
  • Access to Credit in New York
  • Per Capita Alcohol Consumption in New York
  • Per Capita Disposable Income in New York

  • Current Performance
  • Favorable legislation
  • Declining profitability
  • Chart: Revenue Growth

  • Industry Outlook
  • Expanding capacity
  • Flat profitability
  • Table: Breweries in New York Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Breweries in New York Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Beer Wholesaling
  • Consumers

  • Key Selling Industries
  • Cardboard Box & Container Manufacturing
  • Corn, Wheat & Soybean Wholesaling
  • Glass Product Manufacturing
  • Printing
  • Sugar Processing
  • Wheat, Barley & Sorghum Farming
  • Wood Pallets & Skids Production

  • Products & Services
  • Premium beer & super-premium beer
  • Craft beer
  • Sub-premium beer
  • Malt liquor & progressive adult beverages
  • Chart: Breweries in New York Industry Products and Services Segmentation

  • Major Markets
  • Consumers aged 25 to 34
  • Consumers aged 35 to 44
  • Consumers aged 45 to 54
  • Consumers aged 21 to 24
  • Consumers aged 55 to 64
  • Consumers aged 65 and older
  • Chart: Major Market Segmentation for the Breweries in New York Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciation, rent and utilitiesOther Costs
  • Chart: Cost Structure Benchmarking – Sector vs Breweries in New York

  • Basis of Competition
  • Internal Competition
  • External Competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Breweries in New York Industry

  • Anheuser-Busch InBev SA, Cerveceria Costa Rica S.A, Artisanal Brewing Ventures, The Brooklyn Brewery Corporation, The Matt Brewing Company,
  • Table: Anheuser-Busch InBev SA - financial performance
  • Table: Cerveceria Costa Rica S.A - financial performance
  • Table: Artisanal Brewing Ventures - financial performance
  • Table: The Brooklyn Brewery Corporation - financial performance
  • Table: The Matt Brewing Company - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Breweries in New York Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Breweries in New York Industry
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Per capita alcohol consumption in New York (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • A container for beer that is equivalent to 2 kegs, 31 gallons, 1.17 hectoliters or 330 12-ounce servings of beer.
  • Craft Brewer
  • A brewery that has annual production of less than six million barrels and has fewer than 25.0% of its ownership in the hands of a non-craft brewer. It typically targets local and regional markets.
  • Malt Liquor
  • Defined as a malt beverage with an alcohol content of higher than 6.0% in most states; this term has legal and tax implications for brewers and distributors.
  • Microbreweries
  • Breweries that each produce fewer than 15,000 barrels of beer per year with 75.0% or more of its beer sold off-site.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Industry Market Report on Breweries in New York is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Breweries in New York:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Breweries in New York market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Breweries in New York, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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