Texas Craft Brewers Guild Economic Impact Study

If you have not already seen the report released by the Texas Craft Brewers Guild, you can download it here

From the Guild's website:

"The Texas craft beer industry is having measurable positive economic impact on local and regional economies throughout the state to the tune of $608 million, according to the Economic Impact of the Texas Craft Brewing Industry study released today by the Texas Craft Brewers Guild. Texas craft brewers are also creating jobs, accounting for 51.2 percent of all the state’s brewery jobs, a remarkable figure given only 0.7% of the beer consumed in the state comes from Texas craft brewers.

The study, authored by University of Texas-San Antonio Economics Professor Scott Metzger, founder and CEO of San Antonio-based Freetail Brewing Co., also models how the economic impact of the Texas craft beer industry could reach $5.6 billion annually in just eight years."

The following are a few of the report’s findings.

  • Texas Craft Brewers had an economic impact of $608 million on the state in 2011.
  • Texas had 78 actively licensed small manufactures of craft beer at year-end 2011, compared to 52 at year-end 2010. (Despite the growth in number of breweries, Texas remains in the bottom ten states in breweries per capita.)
  • Texas craft brewers produced approximately 133,000 barrels of beer in 2011, a 46% increase versus 2010.
  • Texas craft brewers represent an estimated 12.3% of craft beer and 0.70% of all beer consumed in Texas.
  • Nationally, craft beer’s market share in 2011 was 5.7% by volume and 9.1% by dollars in 2011.
  • Survey respondents plan on spending $29 million in capital investment over the next five years.
  • 92% of survey respondents say they would further increase capital investment if statutory access to market restrictions were lifted.
  • The Texas craft brewing industry could have an economic impact estimated at $5.6 billion if certain statutory reforms were enacted and craft beer followed the same trajectory as Texas wine (see study for modeling details).

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