Industry Growth - Breweries

Although industry growth is a good sign for current breweries, it can also signal opportunity for new entrants.

In 2017 the Lower Mainland experienced exceptional growth in the craft brewery industry with the addition of 26 new craft breweries. The addition of these breweries is a 20% increase from the previous year, 2016, ending the year at 154 total breweries.

Due to changing preferences and a steady increase in per capita disposable income, consumers have shifted away from traditional beer brands and placed an emphasis on higher quality products from craft breweries.

In addition to a steady increase in disposable income, wheat prices have decreased 12.2% from 2013-2018. As commodity prices represent a considerable cost to craft beer producers, this reduction in expenses allow breweries to maintain as opposed to increase their current prices.

Your Newest Competition

The combination of these factors is proving to pave the way for the highest annual growth in the craft brewery industry in the Lower Mainland to date in 2018. This summer alone, sixteen new craft breweries have begun or are primed to begin operations with locations opening in the following cities:

Vancouver: Streetcar Brewing, Electric Bicycle Brewing Company, House of Fun Brewing, Wildeye Brewing, Brewhall, Good Buddy Brewing Co., T & B Brewing Co., Kitsilano Brewing Co., Phantom Beer Company, Sundown Brewing.

Coquitlam: North Paw Brewing Co., Cat & Fiddle Brewpub, Fraser Mills Fermentation Co.

Langley: Metal Edge Brewing Co.

New Westminster: Another Beer Co.

Abbotsford: Loudmouth Brewing Co.

2018 shows promise for an abundance of opportunities for craft breweries to set up shop and claim their share of the market with their personalized and uniquely positioned product. We at Evolution Marketing Agency are excited to see what this year has in store and are inspired to bring passion and innovation to further drive success in this industry.

This could be your breweries year to make an impact and take a fair share of the market, and we leave you with just one question; How will you set yourself apart from the competition?

Be original, show off your style, and tell your story.