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.
– cf