I am weary of throwing prediction info around. But this year I said, why not?
Here are my predictions for 2017:
- Craft beer revenues grows 5%-7%.
- The price of contract brewing decreases by 40% at the end of 2017.
- Restaurant Groups and Real Estate groups begin buying breweries
- Foreign beer groups begin buying US breweries (que Russian national anthem)
- More breweries open
Breweries who are past the 3 year mark need to build a budget and stick to it. Your data is there; get disciplined. If you need to contract brew, standby and watch the John Snow battle topple prices. Trust me on this one. Restaurants, Real Estate and foreign groups is a hunch, that’s all I’ll say for now. More breweries, it would be irresponsible if I didn’t mention it.
See you in 2017!