What conditions have contributed to the consolidation of the beer industry?

60.1K

Verified Solution

Question

General Management

What conditions have contributed to the consolidation of thebeer industry?

Answer & Explanation Solved by verified expert

4.3 Ratings (611 Votes)

In the year 2019 there were around 6400 brewers in the USA when compared to the 49 breweries in the year 1983 The industry has also turned to be more competitive and dynamic as around 9 of the market share and volume has been acquired by the importers and small breweries from the large breweries lately and since the year 2009 Below are some of the reasons for the consolidation of the beer industry in the USA Increase In Retail Outlets Alcohol outlets have increased throughout the USA and the retail of beer is now on a much larger scale when compared to the situation during the 20082009 recession period By the end of the year 2019 there was were around 643142 retail and beer outlets in the country when compared to 531705 in the year 2008 An increase in the number of retail See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member