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Started By
Message
Has the craft beer bubble burst?
Posted on 6/8/23 at 3:03 pm
Posted on 6/8/23 at 3:03 pm
quote:
After more than a decade of explosive growth, the craft beer industry is slowing in Charlotte and around the nation. That's according to an analysis of Brewers Association data by the Charlotte Ledger Business Newsletter. Olde Mecklenburg Brewery, Sycamore Brewing and NoDa Brewing make up more than half of the beer made by Charlotte breweries, and the three combined produced less last year than they did in 2021. For more, we turn now to the Ledger's Tony Mecia for our segment BizWorthy.
quote:
Tony Mecia: There are still breweries opening up. They're still people drinking craft beer. A lot of these taprooms and breweries are still crowded, people turning out. So that is definitely real. But if you look at the data, it shows that the rate of that growth is slowing and it kind of makes sense.
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Posted on 6/8/23 at 3:09 pm to Paul Allen
No, but perhaps slowing down in saturated markets. Still new breweries opening up in NOLA, and there are still neighborhoods that could use one.
Posted on 6/8/23 at 3:31 pm to Paul Allen
I don't know. Obviously, we aren't at where we were 5+ years ago with the amount of new breweries opening, but i also don't think we've hit equilibrium yet. We may be getting close though.
What i do see, is that we are getting to a point where bad beer is starting to be crowded out for good beer, and so the bad or underperforming breweries are going away.
Maybe it's just a preference, but i see a lot more focus on quality and technical brewing, especially in terms of lagers being produced. I think if you want to start a brewery now, you better know how to make quality beer, and not just hazy IPA's, even though the hazy's keep the lights on.
At least, this is my hope. We had a period of really bad craft beer being pushed on the shelves, and i'm glad to see a lot of that going away. We're also seeing a lot more local/regional beer overtaking the shelves and the craft giants having to scale back.
I wouldn't judge it by Louisiana, however, as we are always a few years behind the national trend. But it does look like more thought is being put into opening a brewery and finding their niche in the market. Brewery St. X in New Orleans is one i'm thinking of and really wanting to try. They are making cask ales, and have horizontal fermenting vessels.
Brewery Saint X
What i do see, is that we are getting to a point where bad beer is starting to be crowded out for good beer, and so the bad or underperforming breweries are going away.
Maybe it's just a preference, but i see a lot more focus on quality and technical brewing, especially in terms of lagers being produced. I think if you want to start a brewery now, you better know how to make quality beer, and not just hazy IPA's, even though the hazy's keep the lights on.
At least, this is my hope. We had a period of really bad craft beer being pushed on the shelves, and i'm glad to see a lot of that going away. We're also seeing a lot more local/regional beer overtaking the shelves and the craft giants having to scale back.
I wouldn't judge it by Louisiana, however, as we are always a few years behind the national trend. But it does look like more thought is being put into opening a brewery and finding their niche in the market. Brewery St. X in New Orleans is one i'm thinking of and really wanting to try. They are making cask ales, and have horizontal fermenting vessels.
Brewery Saint X
quote:
Helmed by James Beard Foundation Award-nominated Beverage Director Greg Engert and Brewers Ro Guenzel & Alex Flores, Saint X showcases a wide array of brewing techniques with a particular reverence for the classics, from German and Czech-inspired lagers to British cask-style beers. Hop-forward brews, experimental sours, and sessionable, full-flavored ales round out the offerings.
Posted on 6/8/23 at 3:45 pm to BugAC
Count me as one who lost interest. The craft beer scene has gotten so out of hand with strange brews and flavors.
A peanut butter and jelly IPA is no less ridiculous than bubble gum vodka.
A peanut butter and jelly IPA is no less ridiculous than bubble gum vodka.
Posted on 6/8/23 at 3:45 pm to Paul Allen
I know with our local distributor, seltzer sales passed craft beer 6 months after it was introduced. It’s not even close now.
Posted on 6/8/23 at 3:47 pm to Paul Allen
quote:
Has the craft beer bubble burst?
No, but anyone thinking that the growth curve could be maintained was foolish.
Posted on 6/8/23 at 3:50 pm to BugAC
quote:
Brewery St. X in New Orleans is one i'm thinking of and really wanting to try
It is excellent...craft beer everywhere isn't cheap but this is much more the type of setting I want to sip it in. The variety and throwback to traditional methods is a refreshing change.
Food is phenomenal too. We are going back Saturday, can't wait.
Posted on 6/8/23 at 3:59 pm to Paul Allen
Hopefully
This post was edited on 6/8/23 at 4:00 pm
Posted on 6/8/23 at 4:05 pm to TCO
quote:
Count me as one who lost interest.
For me, it's a combination of lowered interest and changing priority.
Few years ago, I used to chase BA stouts, pick-up four packs of hazy IPA at the store / brewery, bring beers back from the city I was visiting, etc. It was fun, but exhausting
Waking up at 4am in Chicago to make pick-up time for Assassin or KBBS in Decorah, honestly, sucked. shite, even trying to get to MoRE in the suburbs, for example, was awful. Never seemed worth waiting in traffic. Nowadays, I've really stopped chasing beer altogether, with a few exceptions of breweries in Chicago-proper (i.e. Benthic variants at Half Acre, BA Cuppa variants at Maplewood). In that sense, I've lost interest. However, I still enjoy craft beer, so the changing priority is going to a brewery on a whim and hanging out with my buddies and/or wife for the day.
Posted on 6/8/23 at 4:08 pm to Paul Allen
The bubble is definitely deflating. We can only hope that the bourbon craze isn't too far behind it.
Posted on 6/8/23 at 4:34 pm to Paul Allen
I pray the bourbon bubble busts soon as well. I miss the days of going in a store 8-10 years ago and having everything on the shelf.
I think the beer market is way oversaturated.
I think the beer market is way oversaturated.
Posted on 6/8/23 at 4:42 pm to hoopsgalore
quote:
KBBS in Decorah
Miserable experience.
Posted on 6/8/23 at 4:49 pm to Twincam
quote:
bourbon bubble busts soon as well. I miss the days of going in a store 8-10 years ago and having everything on the shelf.
The odd thing is you’re not seeing this with vodka or tequila. Both are more popular than ever before, but you don’t see it amplified quite like bourbon.
There are way more vodka and tequila brands than there were just 5 years ago.
Posted on 6/8/23 at 5:03 pm to Paul Allen
quote:
Has the craft beer bubble burst?
I think it did when every place started charging $7+ for a pint or $16+ for a 4 pack of 16oz cans.
Posted on 6/8/23 at 5:14 pm to Paul Allen
The novelty has worn off a bit and the market is definitely oversaturated.
Seltzers over the last 5 years surely has helped curb everything with beer in general as well.
Seltzers over the last 5 years surely has helped curb everything with beer in general as well.
Posted on 6/8/23 at 5:43 pm to Paul Allen
I would agree people lost interest in certain geographic areas. Went to ATL several weeks ago and there were breweries everywhere especially on the belt line.
Posted on 6/8/23 at 6:16 pm to REB BEER
This is the majority of the problem. Nobody can get any commercial traction to sell an Irish Red, a Dry Stout, etc., because it's HopSplozion for over a decade.
Posted on 6/8/23 at 6:57 pm to LemmyLives
I get the complaint, but if you are a brewery and saw the average sales comparing haze vs other less popular styles of beer it does contextualize the market.
This post was edited on 6/8/23 at 10:54 pm
Posted on 6/8/23 at 6:59 pm to Paul Allen
“Craft Beer” has basically turned into IPAs and Double IPAs.
It’s really pushed casual beer drinkers away because if they don’t like IPAs then there isn’t much for them to drink. And as much as beer connoisseurs want to look down on causal beer drinkers, that’s where all the money is.
It’s really pushed casual beer drinkers away because if they don’t like IPAs then there isn’t much for them to drink. And as much as beer connoisseurs want to look down on causal beer drinkers, that’s where all the money is.
Posted on 6/9/23 at 5:44 am to TCO
quote:
Count me as one who lost interest.
Me as well.
I don’t seek out breweries any more. When I go for a function or meet up, I look for a stout, sour, gose, etc.
My wife gets a seltzer.
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