StateWays Summer 2024 | Page 6

DATA DRIVEN

Craft Beer Creeps Up On-premise

by MELISSA DOWLING
As part of our ongoing tracking of the industry , the Beverage Information Group surveys our readers quarterly , collecting trends / sentiment data from distributors , on-premise and off-premise operators . Beer is both a key opportunity and a serious concern , according to our most recent study conducted in March 2024 .
For instance , whiskey is the category most impacting the business for on-premise operators , followed by craft beer . Considering the beer industry ’ s struggles , that ’ s a positive sign , and may be due to guests looking for interesting beers offered on draft .
The craft beer category is also generating the most consumer excitement / buzz at bars and restaurants . Then again , the plurality of on-premise respondents said that craft beer was the category whose decline in sales was most impacting their business .
For off-premise respondents , tequila remains the category boosting sales , followed by whiskey , which is also the category generating the most consumer excitement / buzz for retailers right now . The most popular spirit sold during the previous quarter was vodka and the category whose decline in sales was most impacting off-premise respondents ’ business was domestic beer .
Nearly half ( 47 %) of the on-premise respondents said that the met their most recent quarterly beverage sales plan , vs . 40 % for the off-premise . Almost a third ( 29 %) bar and restaurants exceeded their plan , and 24 % fell below the sales plan . A whopping 42 % of the retailer fell below sales and just 18 % were above .
For more information about our beverage reader surveys , contact Debbie Rittenberg at drittenberg @ epgacceleration . com . •
30 %
25 % 20 %
15 % 10 % 5 % 0 %
25 % 20 % 15 % 10 % 5 % 0 %
30 % 25 % 20 % 15 % 10 % 5 % 0 %
70 % 60 % 50 % 40 % 30 % 20 % 10 % 0 %
45 % 40 % 35 % 30 % 25 % 20 % 15 % 10 % 5 % 0 %
WHAT CATEGORY ’ S INCREASE IN SALES IS MOST IMPACTING YOUR BUSINESS RIGHT NOW ? ( TOP 5 )
26.7 % 20.0 %
ON-PREMISE
WHAT CATEGORY IS GENERATING THE MOST CONSUMER EXCITEMENT / BUZZ RIGHT NOW ?
ON-PREMISE
17.8 %
Whiskey
Craft Beer
Tequila
Domestic
Beer
22.5 % 15.0 % 15.0 %
OFF-PREMISE
10.0 %
Tequila
Whiskey
Other
Vodka
Domestic
Beer
25.0 % 20 . 5 % 20 . 5 %
Craft Beer
13.6 % 6.8 %
Whiskey Tequila Other Sparkling Wine
RATE YOUR OPERATION ’ S OVERALL BEVERAGE ALCOHOL SALES FOR THE PREVIOUS QUARTER
24.4 % 17.8 %
44.4 % 40.0 %
33.3 %
ON-PREMISE 60.0 %
OFF-PREMISE
8.9 % 8.9 % 8.9 %
Vodka
Other
7.5 % 7.5 % 7.5 %
Craft Beer
OFF-PREMISE
35 % 28.9 % 28.9 %
30 %
21.1 % 25 % 20 % 15 % 10 % 5 % 0 %
Whiskey Other
35.6 % 28.90 %
White Wine
7.9 % 5 . 3 %
Tequila Sparkling Wine
Craft Beer
Spirits Wine Beer
6.7 % 6.7 %
2.2 % Down Flat Up Don ' t Stock
32.4 % 29.7 %
26.3 %
28.9 %
40.5 %
18.9 %
39.5 %
21.6 % 16.2 %
Spirits
Wine
Beer
35.1 %
5.3 % 5.4 %
Down Flat Up Don ' t Stock
6 StateWays • Summer 2024 www . stateways . com