Irish craft beer sustains growth


21 Nov 2017 --- Bord Bia (the Irish food board) has revealed that the Irish craft beer segment is performing well across all fronts, from the number of production facilities to production output, market share and exports.

According to a report from the company, the number of craft breweries in Ireland has grown by more than 500 percent in the last 5 years, with 72 now in operation, up from just 15 in 2012. Employment in these facilities exceeded 500 for the first time ever, increasing employment in local and rural communities.

The output from these breweries has also grown significantly, from 37,000HL in 2012 to more than 176,000HL in 2016, representing growth of almost 475 percent. The volume of production destined for export is estimated at 22 percent or 39,000HL.

According to the report, both consumption market share, and production market share have each increased by more than 500 percent. In 2012, the craft beer category recorded consumption market share of just 0.6 percent, in 2017 that figure reached 3.0 percent while in terms of production, craft beer rose from 0.4 percent in 2012 to 2.3 percent in 2016.

Denise Murphy, Beverage Sector Manager at Bord Bia says: “While it is acknowledged that the Irish craft beer category is still very young and that these levels of growth are from a low base, the growth has been sustained over a number of years and looks set to maintain its upward trajectory. As the category expands the importance of export business increases for the sector. Demand for craft beer is rising in most markets around the world, driven by consumer preferences for a premium product and artisan production.”

To further explore the opportunities arising from the continued international interest in premium craft alcohol beverages, Bord Bia will once again host Marketplace International in April 2016. This meet-the-buyer event will provide an opportunity for Origin Green-verified suppliers to meet with a number of distributors and buyers from Ireland and around the world on April 12th, 2018 in the RDS in Dublin. 

Related Articles

Food Ingredients News

Beverage innovation: “Lighter enjoyment,” botanicals and cold brew NPD

20 Mar 2018 --- Current innovation across the beverage category is centered around health and wellbeing, as sugar reformulation and the broader idea of “lighter enjoyment” continues to dominate new product development. Globally, producers are tapping into the growing consumer demand for enjoyable soft and alcoholic drinks that have been given a clean and clear label makeover as innovators continue to dump sugar and reformulate with more natural alternatives.

Food Ingredients News

Clean label opportunity: Kerry defines five behavioral consumer segments

12 Mar 2018 --- Kerry has unveiled its latest comprehensive clean label consumer research which defines five behavioral consumer segments, each with a unique outlook and opinion on clean label. The Irish food and nutrition giant surveyed 702 US consumers to better understand their opinions on nutrition, ingredients and sustainability, as well as how these factors influence their opinions on clean label.

Food Ingredients News

Sugar reformulation: Nestlé strips out billions of calories over three years in UK & Ireland

07 Mar 2018 --- The amount of sugar in Nestlé’s UK and Irish products has been seriously slashed over the last three years with the equivalent of more than 2.6 billion teaspoons being taken out of products through innovative reformulation. As the demand for low and no-sugar products continues to rise, Nestlé UK and Ireland continue its mission to cut sugar across its portfolio.

Food Ingredients News

Blockchain technology: Increasing trust, traceability & security in the food industry

20 Feb 2018 --- How the food industry can harness the power of blockchain technology is a key question for many as we learn more about cryptocurrency concepts and how blockchain applications can be beneficial for companies and consumers. Hyped as a potentially game-changing pioneering innovation, blockchain technology is inspiring change and innovation in the global food and beverage industry – and although it’s still in the extremely early stages, blockchain technology offers the promise of disruption on a huge scale across multiple sectors including agri-food, retail and the ingredients business at large. 

Business News

Kerry results: “Mindful” eating helps revenues top €6.4bn in 2017

20 Feb 2018 --- Kerry Group has reported higher earnings and revenues for 2017 with “mindful” eating driving growth. Revenue at the Irish food technology and ingredients company increased by 4.5 percent to €6.4 billion (US$7.9bn) and adjusted earnings per share rose by 5.5 percent to 341.2 cents. The company benefited from a 4.3 percent growth in its business volume.

More Articles