It’s that time of the year again!
For those of you who may have missed it, below were my crystal ball predictions for 2017.
|2017 Prediction||What actually happened|
|Craft beer revenues grows 5%-7%||Average revenue growth of breweries was between 4%-5%|
|The price of contract brewing decreases by 40% at the end of 2017.||It’s currently dropping. Not by 40% but it is certainly dropping|
|Restaurant Groups and Real Estate groups begin buying breweries||Happening every day. If they are not buying them they are using private labels|
|Foreign beer groups begin buying US breweries (que Russian national anthem)||Many deal occurred and will continue|
|More breweries open||Yup|
Score ⅘ = 80%
On to 2018…..
Sheesh, what will happen this year?
Well, if you attend my webinar, you will know that we are currently experiencing an industry plateau.
More on that in a minute.
Here are my 2018 Predictions for the craft brewing industry
- OSHA and FDA turn up the heat on craft breweries
- Craft beer revenues grow between 3%-5%
- There will be 3 public closures per month
- Craft breweries cut between 10%-15% of their production staff
- More breweries open
2018 is all about disciplined profits.
Are you looking for disciplined profits in 2018?
Let me help you find them.