I’m at the Craft Brewers Conference in San Diego this week. The 4,500 participants could not be more excited or confident about the future of craft beer in America. Craft’s share of market has doubled to about 6% since the conference was last held here in 2004.
Virtually all of America’s 2,000 craft brewers are expanding capacity in numbers that will easily push us past 10% share in the next decade. And there are more than 1,000 wannabe brewers busily honing their business plans.
That is a very exciting prospect for the hundreds of equipment fabricators and other industry suppliers in attendance. There also is a huge contingent of distributors at the conference, all of them enthusiastic about the fastest growing segment of the alcoholic beverage industry.
This year’s CBC includes the World Beer Cup awards, to be announced Saturday. There are more than 4,000 entries this year from 29 countries. That is a river of beer for the 215 judges, including our brewmaster Garrett Oliver, to taste. A tough job, but somebody has to do it.
– Steve Hindy, President & Co-founder