It started with the rise of craft beer in the 2010s and has continued with flavored hard seltzers and canned cocktails.
A beer industry group’s data shows a steep decline for the craft segment in February as consumers spent more consciously.
Much of the boost has to do with wellness, but it also has to do with cost.
Teo Hunter of Crowns & Hops Brewing is creating a brand that can be “a case study to what it means to be accomplishing racial equity.”
PepsiCo selling Tropicana and Molson Coors nixing 11 beers are the latest signs the industry is trying to adapt to ever-changing tastes.
“This absolutely is about racial equity,” said Teo Hunter, COO of Crowns & Hops Brewing Co.
Capturing carbon is expensive, so most brewers usually just release the gas into the atmosphere. That’s changing during the pandemic.
Smaller brewers often don’t have enough of a retail presence to offset loss of sales in bars and restaurants.
It’s a hard-fought battle for market share.
The business is booming. And the reason may have to do with regulations.
