“THE ECONOMICS OF PASTEURIZING BEER”
by PRO Engineering / Manufacturing Inc.
Article Excerpt:
“The craft beer market is having a boom throughout
the United States. In 2014 craft beer made approximately 19.6 billion
dollars in sales representing a growth of 22% from the previous
year. In the article “The Craft Beer Revolution,” the authors
point toward a global industry transformation that is currently taking
place.
While macrobreweries produce most of the beer
consumed globally, microbreweries started small and isolated but ultimately
transformed the market by growing exponentially in recent years.
The Brewers
Association categorizes craft brewers as independent, small, and
traditional. However, the issue with this definition is that many breweries
were once small, but are now undergoing substantial growth.
For example, between 2008 to 2016, the number of
breweries in America expanded by 600% and the number of
brewery workers by 120%. At the same time, overall beer consumption
declined, and average beer prices grew by about 50%.
As the report from the U.S Bureau of Labor
Statistics points out, this means Americans are lowering their consumption
of beer while they are frequently paying more for a better product…”
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