Craft Brewing Industry Still Growing, Says Boulder-Based Trade Group

· Jul. 27, 2015, 7:28 pm
Photo: Pouring beer(Photo: CPR/Nathaniel Minor)
Beer is poured into a 1 0z sample glass at the Great American Beer Festival on Saturday, Oct. 4, 2014.

Photo: Pouring beer(Photo: CPR/Nathaniel Minor)The Boulder-based Brewers Association reports craft brewers sold 12.2 million barrels of beer in the first half of 2015 -- a 16 percent increase over the same period last year.

The group's new numbers suggest the growth in demand for craft beers isn't slowing down. U.S. production of craft beer has more than doubled since 2011.Chart: 2105 Craft Beer Production(CPR News)

Bart Watson, chief economist for the Brewers Association, says the numbers reflect a growing demand for craft beer, but warns that growth brings competition. Chart: 2015 Number of Craft Breweries(CPR News)

That sense of competition will likely only increase in the coming months. 699 breweries opened over the last year, according to the Brewers Association, bringing the total number to 3,739 in the U.S. There are also an additional 1,755 breweries in planning stages.

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