Jan 03 2024 71 mins
If you had asked me what I thought ‘craft beer’ was when I first moved to Vancouver, back in 2009, my answer would have been something vague about its ‘higher quality’. Fast forward to today, and layers of experiences, flavours and perspectives add nuance and understanding to what the beer sector signifies.
Market capitalization and interest usually peak when something new captures the scene, with entrepreneurs racing to make their mark and carve out their niches. In BC, R&B, Storm, Red Truck, Phillips, and Driftwood are a handful of the early success stories; then came 33 Acres, Strange Fellows, Parkside, and Brassneck (to name a few), who shepherded an exciting crew of businesses with exceptional beers and inviting tasting rooms. The people came, and a new way of socializing formed: fewer corner pubs and more family affairs. Kids and dogs littered patios as parents sipped on unique IPA styles.
Soon, there were upwards of over 200 craft breweries in the province. Craft beer seemed here to stay… Then came a pandemic, rising interest rates, changing consumer habits, and the rise of non-alcoholics and RTDs – each a new challenge for breweries. As of late 2023, the news wasn’t good: some are closing, and others may follow suit; reports from the CBC and Global News paint a possible stark environment for 2024.
To gain a better comprehension of the situation from the inside, I’ve rounded up three friends and prominent brewery owners – Sam Payne (co-owner and operator of Parkside and Rewind ), Nick Black (co-owner and operator of Strange Fellows), and Adam Henderson (owner of Superflux) – to share their knowledge and personal narratives, and discuss the state of the craft brewery market today, how they see it evolving, and the challenges ahead…
Trouble brewing? Canadian beermakers foresee closures amid economic challenges - CBC
Beer industry says looming tax increase latest blow to tapped out sector - CBC
COVID loan repayments a brewing crisis for B.C. craft beer sector, industry warns - Global News
A Missed Opportunity— Did The Craft Beer Industry Lose Their One Chance To Grow Their Market Share? - Track and Food
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