Local craft beer market shows signs of maturing
March 29, 2018
The abrupt closure of Powder Keg Brewing Company earlier this month may have been a shock to its Niwot neighbors, but industry insiders have seen the signs of a plateau in the craft beer market for a while. After years of red-hot growth in brewery openings and sales volume, the demand for new craft beer is leveling off and brewers are starting to feel the pinch as consumers increasingly spend their recreational dollars elsewhere.
“Absolutely, the market is tightening,” Odyssey Beerwerks’ Jeff Tureson said about the current craft brewing landscape. Tureson is Hops Sales Honcho at the...