![]() ![]() The deal provided the beverage giant with a ready-made platform to join the alcohol industry, including infrastructure, people, distribution and licenses, alcoholic beverage development experience, and manufacturing capabilities. The acquisition gave Monster Beverage Corporation (NASDAQ:MNST) the ownership of Canarchy’s craft breweries including Cigar City, Oskar Blues, Deep Ellum, Perrin Brewing, Squatters, and Wasatch. It was announced last year that the Monster Beverage Corporation (NASDAQ: MNST ) had acquired the Canarchy Craft Brewery Collective, in a deal worth $330 million. However, the marriage didn’t exactly go to plan and America’s oldest craft brewery ended up permanently ceasing its operations in July. It is worth mentioning that Sapporo also acquired San Francisco-based Anchor Brewing in 2017 for $85 million, with plans of brewing its Asian offerings at Anchor’s production facility. The move by the company to make Sapporo beer at the Stone breweries is ironic given that Stone’s previous co-founder and co-owner, Greg Koch, famously mocked mass-produced lagers by global brewers as ‘fizzy yellow beer’. On June 23rd, Stone Brewing shocked the craft beer biz by announcing that it was being acquired by the Japanese brewing giant Sapporo, and the $165 million deal closed quickly in August. The Domestic Production of Sapporo Beers: Moreover, drinking craft is also a way to support your local businesses. The quality ingredients and delicious tastes that craft beers offer are not usually found in their mass-produced counterparts. Craft lovers are willing to pay a little more for beer that holds more taste, flavor, variety, and alcohol. The principle strength of craft brewing lies in its vast array of beer innovations to reflect the shift of today’s consumers, as it offers its customers ‘something different’ from what they’re normally used to. Meanwhile, retail dollar sales of craft increased 5%, to $28.4 billion, and now account for 24.6% of the $115 billion overall U.S. As we mentioned in our article – 20 States with the Most Craft Breweries – there were 9,552 craft breweries, brewpubs, and taprooms in the U.S. The United States is the country that produces the most craft beer in the world. The trend slowly grew, and by the 2000s, microbreweries had expanded throughout much of the United States. Many of the brewing ventures that started in this time period were done so not by professionals, but individuals ready to take their home brewing to the next level. It took a little bit of time, but that eventually led to several new craft breweries popping up in the 1980s. toiled in beer production purgatory following the repeal of Prohibition, all of that began to change when President Jimmy Carter signed a small but groundbreaking bill, making homebrewing legal. You can skip our detailed analysis of the rising popularity of craft beer, the domestic production of Sapporo beers, and the entrance of a beverage giant in craft, and go directly to 5 Best Craft Breweries in America. In this article, we are going to discuss the 20 best craft breweries in America.
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