A major craft brewery in the United States reported sales were down as new craft beers crowd the market, but microbrewers in the UK shouldn’t worry, according to the Society of Independent Brewers.
D.L. Geary Brewing Co., founded in 1983, was the first craft brewer in Portland, Maine, helping start the craft beer trend take off in the US and then the UK.
Geary's grew with the increased popularity of craft brew, expanding its product line and spreading distribution to more states in the New England area as more craft breweries hit the scene.
But recently Geary's has decreased its beer production, despite craft breweries producing 113.8 per cent more beer in 2015 than in 2011, according to the Brewers Association, a national craft beer organisation in the US.
Neil Walker, a spokesperson for SIBA said brewers on this side of the pond shouldn't worry as there is still "plenty of space" in the market.
“Demand for quality beer made by independent craft brewers has never been higher in the UK, with huge growth in the sector as consumers seek out interesting beers with real flavour,” Walker said.
There are now more than 1,500 independent brewers in the UK, according to SIBA, which was established in 1980.
The number of craft breweries shot up 65 per cent since 2010.
Walker said while the market for independently brewed craft beer is growing in the UK, the volumes produced are a fraction of what large global brewers make.
Global brewers are increasingly looking to enter the craft beer market by buying smaller brewers or creating their own versions craft beers, he added.