Find stats on top websites
Industry Landscape
The US craft brewing industry continues to show resilience and innovation. While overall growth has moderated compared to previous decades, premiumization, direct-to-consumer sales, and diverse offerings (like barrel-aged beers and unique experiences) are driving segments. Consolidation among smaller breweries and increased competition remain key challenges. Sustainability and community engagement are growing trends, influencing consumer choices.
Total Assets Under Management (AUM)
Craft Beer Volume Sales in United States
~24.3 million barrels
(-1.0% CAGR)
- Overall slight decline due to market maturity.
- Premium and high-end craft beer segments show growth.
- Direct-to-consumer channels are gaining importance.
Total Addressable Market
30 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Precision Fermentation
Utilizes genetically engineered microorganisms to produce specific ingredients (like hop compounds or cannabinoids) without traditional agricultural inputs, offering consistent quality and sustainable alternatives.
AI-Powered Predictive Analytics
Leverages artificial intelligence to analyze vast datasets, forecasting consumer preferences, optimizing supply chains, and predicting equipment maintenance needs for enhanced efficiency.
Blockchain for Supply Chain Transparency
Creates immutable, decentralized ledgers to track ingredients from farm to glass, ensuring authenticity, ethical sourcing, and enhancing consumer trust in product quality and origin.
Impactful Policy Frameworks
State-Specific Direct-to-Consumer (DTC) Shipping Laws (Ongoing Updates)
Various states continue to update and/or introduce legislation regarding the direct shipment of alcohol, including beer, from breweries to consumers, often with volume limits, licensing requirements, and tax stipulations.
These evolving laws directly impact Firestone Walker's ability to expand its Brewmaster's Collective and other DTC sales channels into new states, affecting revenue and market reach.
Federal Alcohol and Tobacco Tax and Trade Bureau (TTB) Labeling Regulations (e.g., 2020/2021 Guidance)
The TTB periodically issues updated guidance and regulations concerning alcohol labeling, including requirements for ingredient disclosures, nutritional information, and health claims.
Changes in TTB labeling regulations necessitate adjustments to Firestone Walker's product packaging and marketing materials, incurring compliance costs and potentially influencing product formulation.
California Assembly Bill (AB) 1256 - Alcohol Server Training (2022 Implementation)
Effective July 1, 2022, California requires all alcohol servers and their managers to be certified in responsible beverage service (RBS) through the Department of Alcoholic Beverage Control (ABC).
This policy directly impacts Firestone Walker's taproom operations in California by requiring all staff serving alcohol to complete mandatory training, increasing operational costs and ensuring responsible service practices.
Transform Your Ideas into Action in Minutes with WaxWing
Sign up now and unleash the power of AI for your business growth
