Subject: Wine losing to craft beer - March rain fill Clear Lake, restores hope for Lake County tourism, farmers - How El Nino transformed the CA landscape -- MARCH 24, 2016 - WINE NEWS FETCH
Date: 2016-03-23 21:44:35
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|Craft beer may soon eclipse Calif wine revenues. See Daily Data, below. This free subscription to North America's largest circulation wine trade publication is your bonus for attending the Unified Wine and Grape Symposium this January.
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DAILY NEWS FETCH - March 24, 2016
CREATED BY WINE INDUSTRY INSIGHT & MADE POSSIBLE BY OUR SPONSORS
Publisher/Executive Editor, Lewis Perdue -- Editor, Becca Yeamans-Irwin
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TODAY'S TOP NEWS
Will craft beer sales blow past California wine's by the end of this year? Scroll down to Daily Data for the startling answer.
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CRAFT BEVERAGES: BEER, CIDER, WINE & SPIRITS - A sampling of today's headlines:
Get the rest of today's craft news at Craft Beverage Insights
- US court dismisses watered down beer case brought against AB InBev
- The rise of craft brewing in St. Louis: ‘Brewing is an industry where there are very few jerks’
- Ultrasound and a revolution in brewery automation
- Craft Brew Industry Going Public
GIVE US THIS DAY OUR DAILY DATA
Craft beer sales closing in on California wine revenues
Source: Brewers Association (Data Methodology at this link)
The gap narrowed in 2015: U.S. Craft Beer: $22.3 Billion - Calif Wine: $24.6 billion
According to numbers from research firm bw166.com and published in Wines in Vines, 2015 U.S. wine sales totaled $38 billion. Since California Wine Institute data estimates that that California represents 65% of U.S.dollar sales that means $24.6 billion in 2015 U.S. wines sales came from California.
Craft on top by end of 2016?
If current growth rates continue -- 16% for craft and 3% for wine -- that means U.S. craft beer could overtake the entire California wine industry by the end of this year: $25.8 billion versus 25.3 billion.
NEWS FETCH PLAYLIST:
While creating this issue:
Becca liked this song best: Fever by Peggy Lee
Lew liked this song best: Lucky Man by The Verve
TODAY'S FEATURED BEVERAGE
My son's 1st brewery :) Mommy had the Chocolate Milk Stout (5%abv, 18IBU). Smooth and delicious! - Becca
This NewsFetch was hand-crafted for you by Editor Becca Yeamans-Irwin (The Academic Wino) and Publisher/Executive Editor, Lewis Perdue.
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