Another popular brewery files Chapter 11 bankruptcy

A downturn within the craft brewery alternate in 2024 has carried over to 2025, as a lot of beer companies absorb filed for chapter security, and a few absorb closed down operations.

American craft brewers produced 23.1 million barrels of beer in 2024 for a 4% lower when put next with 2023, based on a document from the Brewers Affiliation. The craft beer alternate's share of the beer market volume modified into flat at 13.3%, the identical as in 2023, whereas the general beer market declined by 1.2% in volume.