Markets

Insider Trading

Hedge Funds

Retirement

Opinion

25 Largest Craft Breweries in the US by Volume

In this article, we are going to discuss the 25 largest craft breweries in the US by volume. You can skip our detailed analysis of the oldest recipe for beer, the craft beer revolution, the Brewers Association, the largest beer producer by volume, the top craft brewer state, alliances in the craft beer industry and the craft beer market, and go directly to 10 Largest Craft Breweries in the US by Volume

It is hypothesized that beer was probably produced independently in different parts of the world. Some believe that beer was the by-product of cereal-based agriculture, with natural fermentation playing its part in the ‘accidental’ lead-up to the brewing. 

The oldest recipe for beer was left on a Mesopotamian tablet found near Mount Ararat, and it was contained within a 3900-year-old poem – Hymn to Ninkasi (the Sumerian goddess of beer). Beer consumption was, in fact, an important marker for societal and civilized virtues in the Sumerian society. To give an example, in the Epic of Gilgamesh, the world’s oldest known epic, the wild man Enkidu ‘did not know how to eat bread, nor had he ever learned to drink beer!’, with the second phrase suggesting how beer consumption was seen as a ‘quality’ of a civilized person. 

Craft Beer Revolution:

Most immigrants who traveled centuries ago to the New World brewed their own beer. There was wheat beer from Germany, various types of ales from England and dry stouts from Ireland. However, after prohibition, there were only a handful of breweries left in the country. By the 1950’s, only three large brewing groups dominated the entire U.S. market, brewing only pilsners, and the beer brewing model had evolved into a mass-production industry, a far cry from ‘craft’. 

Everything changed in 1978 when President Jimmy Carter lifted the ban on homebrewing and hobby brewers were now able to sell their beers. Old beer recipes and styles were revived by these newly-legalized homebrewers and the rest is history. 

The Brewers Association: 

Established in 2005, the Brewers Association is an American trade group of more than 5,600 U.S. brewery members and 37,000 members of the American Homebrewers Association, joined by members of the allied trade, beer distributors etc. The B.A. works to promote and protect small and independent American brewers, their craft beers and the community of brewing enthusiasts. 

The American Homebrewers Association is a division of the Brewers Association focused on homebrewers of beer, cider and mead. The Ninkasi Award, named after the Sumerian goddess, is given by the AHA every year to the best homebrewers in the country. 

Largest Beer Producer by Volume:

Anheuser-Busch InBev Sa/NV (NYSE:BUD) is the largest beer producer by volume in the world. The company had a global production volume of 595 million hectoliters, or over 25% of the global beer production in 2022. Anheuser-Busch InBev Sa/NV (NYSE:BUD) has a market cap of $113.2 billion and owns a multitude of beer brands all over the world, and even a variety of regional craft brewing companies in the U.S. Anheuser-Busch InBev Sa/NV (NYSE:BUD) shares witnessed a yearly high of $67.03 at the end of March 2023, but then its share price plummeted to a yearly low of $52.93 in May, due to the recent Bud Light Controversy.

Top Craft Brewer State:

California, with its rich craft history, is the top craft beer producing state in the country, with the Golden State boasting 957 craft breweries in 2021. California produced the most craft beer of any state in America in 2021, with over 3.5 million barrels, or 3.8 gallons per every 21+ adult in the state. 

Alliances in the Craft Beer Industry:

Craft beer has created a new buzz in the beer industry and it’s creating some strange bedfellows. Though domestic beer brands like Budweiser and Miller etc. still control a 64.5% share of the American beer market, sales of those labels have remained relatively flat while the craft beer industry has boomed over the last few decades. As the craft brewing sector has flourished, the small breweries have had to keep up, and many are entering into what their fans regard as ‘unholy’ alliances with the giants of the industry. 

For one thing, part of the appeal of a specialty beer is that it is usually produced in a small brewery by obsessive beer lovers, instead of some mass-production factory by a huge corporation. Devotees of craft beers also worry that such corporations will tamper with the recipes of their favorite drinks. 

Beer industry giants, like Molson Coors Beverage Company (NYSE:TAP) and Constellation Brands, Inc. (NYSE:STZ), want a piece of the sweet craft pie and have invested heavily in either acquiring regional breweries, or creating their own craft brands. 

The Molson Coors Beverage Company (NYSE:TAP) acquired the Jacob Leinenkugel Brewing Company in 1988, enabling the family brewery to grow and expand into a national brand. The Leinenkugel Specialty brands had dollar sales of over $100 million in U.S. multi-outlets in 2022. 

Molson Coors Beverage Company (NYSE:TAP) also took full ownership of the Blue Moon brand after paying $12 billion to acquire SABMiller brands in North America. Molson Coors Beverage Company (NYSE:TAP) marketed its beer as craft. Enraged, The Brewer’s Association called out Molson Coors Beverage Company (NYSE:TAP) for “unfairly” encroaching on the craft beer market and even excluded such brands from its definition of craft beers. Blue Moon is still one of the best selling “craft” beer brands in the country but it doesn’t match the Brewer’s Association definition of craft, so it’s not in our list of the Largest Craft Breweries in the U.S. by Volume

Constellation Brands, Inc. (NYSE:STZ) also seems to have had enough of the craft beer sector. The company bought Ballast Point Brewing in 2016 for $1 billion, at the absolute peak of the craft brewery acquisition craze. Only a few years later, Constellation Brands, Inc. (NYSE:STZ) sold the Ballast Point brand to Illinois-based Kings and Convicts Brewing Co. for something around $40 million. It was also revealed in May this year that Constellation Brands, Inc. (NYSE:STZ) is now re-selling the Funky Buddha Brewery back to its original founders, a news warmly welcomed by craft beer enthusiasts around the country. 

The Craft Beer Market:

The Brewers Association has revealed that retail dollar sales of craft beer increased 5% to $28.4 billion in 2022, accounting for 24.6% of the overall $115 billion American beer market. The craft brewing industry also contributed $72.2 billion to the U.S. economy in 2022 and provided 460,000 jobs in the country, including 190,000 direct jobs at breweries and brewpubs. 

As we mentioned in our article – 25 Most Imported Beer Brands in the World – the global craft beer market was valued at $93.69 billion in 2021, and is expected to reach $243.15 billion by 2030, with a CAGR of 11.2% in the forecast period. 

With that said, let’s head over to our list of the Biggest Craft Breweries in the U.S. by Volume

Pixabay/Public Domain

Methodology:

According to the Brewers Association, the American craft brewer is a ‘small’ and ‘independent’ brewer. ‘Small’ means that the brewer’s annual production must not exceed 6 million barrels, or approximately 3% of the annual U.S. beer sales. ‘Independent’ means that less than 25% of the craft brewery is owned or controlled by a beverage alcohol industry member that is not itself a craft brewer.  

To collect reliable data for this article, we have referred to the May/June 2023 issue of The New Brewer, the journal of the Brewers Association. We have ranked the Largest Craft Breweries in America according to their sales volumes in barrels (bbls) in 2022. One U.S. beer barrel is equal to 31 gallons. 

If you’re a craft lover and want to savor the best craft beers America has to offer, please refer to our article Best Craft Beer Brands in Each U.S. State

Largest Craft Breweries in the US by Volume:

25. Cigar City Brewing

Sales Volume in 2022: 110,000 bbls

Founded by Joey Redner, this Tampa-based craft brewery produced its very first commercial batch in 2009, a 469 gallon batch of Maduro Brown Ale. Cigar City Brewing’s ales bring to mind the sun and citrus for which Florida is known, while taking cues from the cigar industry upon which Tampa was built. 

24. Rhinegeist Brewer

Sales Volume in 2022: 110,834 bbls

Located in Cincinnati, this 25,000 square foot, active brewing facility is housed in the former bottling plant of Christian Moerlein Brewing Co., a formidable pre-Prohibition beer maker. The 7.2% Truth IPA is a popular brew by the Rhinegeist Brewery. 

23. Odell Brewing Company

Sales Volume in 2022: 115,369 bbls

Founded in 1989, Odell Brewing was started by Doug Odell, his wife Wynne, and his sister Corkie. In 2015, the Odell family sold the majority of the company to its co-workers (now co-owners) in a combined management buyout and an Employee Stock Ownership Program. 

22. Georgetown Brewing Company

Sales Volume in 2022: 118,095 bbls

Next on our list of the Largest Craft Brewers in the US by Volume is Georgetown Brewing, an independently owned Seattle craft brewery and maker of the highly-rated Manny’s Pale Ale. In May of 2017, after 14 years of selling beer, the brewery went from a draft-only production facility to canning select full-time beers. 

21. Allagash Brewing Company

Sales Volume in 2022: 119,848 bbls

During its 27 year history, this Portland-based brewery has won its fair shares of accolades and honors, while developing an almost cult-like following with its Belgian-focused beers. Their signature brew, Allagash White, has won four gold medals at the Great American Beer Festival. Allagash donates 1% of its revenue to charity, with over $500,000 given to the local community in 2022. 

20. Stevens Point Brewery

Sales Volume in 2022: 120,000 bbls

Frank Wahle and George Ruder established the Stevens Point Brewery in 1857, brewing the first Point Beer, and making it the third-oldest privately owned brewery in America. The brewery also invested over $7 million in expansion projects from 2012 to 2015. Stevens Point Brewery is one of the top craft breweries in the US in 2022 by sales.

19. Great Lakes Brewing Company

Sales Volume in 2022: 120,057 bbls

The first brewpub and microbrewery in the state of Ohio, Great Lakes Brewing has been noted as important to Cleveland’s local identity. Independent for over 30 years and employee-owned since 2018, Great Lakes serves 14 states and Washington D.C. with an award-winning selection of fresh, flavorful and innovative craft brews, like the Hazelcraft IPA, Dortmund Gold Lager, and numerous others. 

18. Harpoon Brewery

Sales Volume in 2022: 130,000 bbls

Harpoon Brewery is one of the top craft breweries in America by volume. Also known as the Mass. Bay Brewing Company, Harpoon was the first company in Massachusetts to obtain a permit to manufacture and sell alcohol, in more than 15 years. It was also the first brewery in New England to brew an IPA. The company established an Employee Stock Ownership Plan in 2014 and is now an independent, employee-owned craft brewery. 

17. Southern Tier Brewing Company

Sales Volume in 2022: 134,500 bbls

Founded in 2002, Southern Tier is a Lakewood-based world-class brewery and one of the Largest Craft Breweries in the U.S. by Sales Volume. The brewery’s handcrafted ales are available in more than thirty states and the 8.2% ABV 2XIPA is one of its most popular brews. 

16. Boulevard Brewing Company

Sales Volume in 2022: 158,000 bbls

When John McDonald tried out some Belgian beers on his trip to Europe in 1984, he became absolutely captivated with them. So much so that one day he decided to sell his house and invest in a craft brewery that eventually became the largest specialty brewer in the Midwest. As part of its responsibility towards the local community, Boulevard has also committed more than $70,000 to sustainable causes to date, including tree planting and water protection. Boulevard Brewing Company is a subsidiary of the Duvel Moortgat Brewery. 

15. Minhas Craft Brewery

Sales Volume in 2022: 162,288 bbls

Located in the historic town of Monroe, WI, Minhas is the second-oldest brewery in the entire country. Family owned since 1845, the brewery has survived the Great Depression, the Prohibition, brushes with the mob and even two major fires. The 5% ABV Boxer Lager is a top selling craft beer from the Minhas Craft Brewery. 

14. Saranac Brewery / Matt Brewing Company

Sales Volume in 2022: 166,712 bbls 

Founded in 1888 by a German immigrant named Francis Xavier Matt, the Matt Brewing Company is the fourth-oldest family owned American brewery and currently the 14th Largest Craft Brewery in the Country. The brewery also underwent a $56 million expansion project in 2019 and added a new brewhouse, tank farm, and an additional can line. The Saranac Clouded Dream IPA won 4 gold medals in 2021 and 2022. 

13. Athletic Brewing Company

Sales Volume in 2022: 170,000 bbls

Athletic Brewing Company is revolutionizing beer for the modern adult by proudly brewing delicious, craft non-alcoholic beer and hop-infused sparkling water. At 150,000 square feet, Athletic is the largest brewery in the world for non-alcoholic craft beers (by area). The company has actually won 25+ gold medal beer awards and has even donated over $3.2 million to protect and restore local trails. 

12. Oskar Blue Brewery

Sales Volume in 2022: 180,000 bbls

From brewing its first batch of Dale’s Pale Ale in 1999, to being the first to have the audacity to put craft beer in a can, Oskar Blue has never stopped making hops, malt and yeast into beer that makes you say ‘Works for me!’ with every sip. Oskar Blue Brewery is also Craft Brewery in America that abstains from using glass bottles. 

11. Victory Brewing Company

Sales Volume in 2022: 188,750 bbls

Founded in 1966 in Pennsylvania, Victory Brewing Company was born out of a passion to introduce Americans to a high quality beer and a drinking experience rooted in connectivity. Victory is one of the most decorated craft breweries creating award-winning brands such as Golden Monkey, Prima Pils, DirtWolf and Storm King.

Click to continue reading and see the 10 Largest Craft Breweries in the US by Volume.

Suggested Articles:

Disclaimer: None. 25 Largest Craft Breweries in the US by Volume is originally published on Insider Monkey.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

  • Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.
  • 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.
  • One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149
  • Bonus Reports: Premium access to members-only fund manager video interviews
  • Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
  • 30-Day Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

  1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.
  2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.
  3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…