U.S. craft breweries have shuttered at an accelerating rate, with approximately 100 closures in Colorado over the past two years and microbrewery production declining from 4.9 million barrels in 2019 to 3.7 million in 2024. The industry contraction follows pandemic-related sales declines, reduced alcohol consumption, rising operational costs, and a fading cultural enthusiasm for craft beer after explosive growth in the 2000s and 2010s.
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U.S. craft breweries have shuttered at an accelerating rate, with approximately 100 closures in Colorado over the past two years and microbrewery production declining from 4.9 million barrels in 2019 to 3.7 million in 2024. The industry contraction follows pandemic-related sales declines, reduced alcohol consumption, rising operational costs, and a fading cultural enthusiasm for craft beer after explosive growth in the 2000s and 2010s.