The Demographics of Craft Beer Lovers

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The Demographics of Craft Beer Lovers Bart Watson Chief Economist Brewers Association [email protected] @BrewersStats

Transcript of The Demographics of Craft Beer Lovers

Page 1: The Demographics of Craft Beer Lovers

The Demographics of Craft Beer Lovers

Bart Watson

Chief Economist

Brewers Association

[email protected]

@BrewersStats

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Agenda

• What we knew

• What we know

now

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What We Knew, Circa 2001

Median Lover: • Male • Age 39 • White • High education • Relatively high

income • Geographically

concentrated

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How the World Has Changed

• Craft Beer’s Journey

–Geographically

•Almost 75% of legal drinking age (LDA) adults live within 10 miles of a brewery

–Economically

•Market penetration (11%?)

–Demographically

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What We Know Now

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The Millennials Have Arrived!

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What Has Changed

All Trends Point Toward Increasing Diversity • Young women coming

into craft beer • More geographic

diversity • Increasing diversity of

craft beer lovers • Still skews toward

higher SES

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Change 1: Young Women

Young women (21-34) now over-index on craft, account for 15% of total craft volume

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Change 2 - Geography

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Change 3: Diversity

• Still skews toward higher SES, but: –The bottom 60% of households (by

income) now consume 40% of craft volume

– Some evidence Hispanic population has increased craft engagement (see Technomic report as example)

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Questions?

Bart Watson

[email protected]

@BrewersStats