Grande Cheese Company’s Post

“I never would’ve seen that coming.” Me neither. Three takeaways on the state of the US #beer market: 1.Athletic Brewing Co. Is now the #1 selling beer at Whole Foods Market. Not #1 non-alcoholic beer; #1 beer, with 10% share 2. The number of 18-34 yo’s who drink alcohol has declined from 72% to 62% over the past 20 years. And it’s likely to decline further as Gen-Z hits drinking age 3. Non-alcoholic beer sales “have newrly tripled since 2019,” reaching 2.2% share at retail. And sales at restaurants increased 13% last year (vs 3% in overall beer sales). While still a niche market, this year’s #DryJanuary is poised to become a more lasting trend. https://lnkd.in/eFDerHhY

Have you tried alcohol free #beer? Check out this fascinating read in the #WSJ about how Athletic Brewing Co. became the king of the #nonalcoholic beer category, and citing NielsenIQ data on this market trend. https://lnkd.in/ggA99Qqh

Seeing a distillery close its doors, after being unable to buy their product and have it shipped, is disheartening. It's frustrating when great producers, who I've met and make great products, are inaccessible. As an adult in the US, "the land of the free", this situation is infuriating. Regulatory capture in the alcohol beverage industry is real and very troubling. We need to work together to expand the evolving three channels, but this requires cooperation from everyone, including wholesalers who are actively damaging our industry at this point. #dtc #selfdistribution #RegulatoryCapture #threechannels #wineindustry #spiritsindustry #beerindustry #cider #mead #sake Craft Wine Association Distilled Spirits Council of the United States American Distilling Institute American Craft Spirits Association (ACSA) Alcohol and Tobacco Tax and Trade Bureau

What's your experience with non-alcoholic beers, either professional or personal? Athletic Brewing Co. is now apparently the top-selling beer brand at Whole Foods Market, despite it being non-alcoholic. I've found that my patients who are shooting for sobriety are ideologically split on the issue, as even "non-alcoholic" beer does tend to have a little alcohol in there (often 0.5% ABV or less). That said, while I can see the theoretical downsides of introducing a small amount of alcohol into a primed biological system, or the behavioral and sensory cues of drinking a non-alcoholic beer, anecdotally in my practice I haven't seen issues of non-alcoholic beers triggering a large alcohol-related relapse. Has this been others' experiences? I'd be interested to hear about it! Or if you have any research on the topic, please drop the citations in the comments. #alcohol #nonalcoholicbeer #addiction #alcoholism https://lnkd.in/gQGrwjpe

#CommercialDeterminantsOfHealth In the #Philippines, one consolidated company (part of a larger diversified conglomerate) is a key commercial determinant of health, particularly of #NCDs - a company selling both #alcohol and #ultraprocessedfoods. The company's beer and gin portfolios remain one of the most profitable. It is worrisome that a company selling health harmful products is considered part of the Filipino identity. #SystemsThinking While we need to consider the full picture of how such products (e.g., ultra-processed foods) are often the most affordable, and most accessible to low-income households, and how such products (e.g., alcohol) become more affordable and more attractive (to show social status) to the growing middle class in the Philippines (mostly OFW families), the impact of a company's #marketing practices should not be underestimated. This is further enabled by a legal environment that does not regulate marketing with statutory policies especially for alcohol, and a political elite that considers the economic elite a partner in sustainable development (considering the consistent policy proposals from Congress for the government to institutionalize, incentivize and reward #CSR). Monika Kosinska Juan E. Tello Rekve, Dag Ted Herbosa Albert Domingo Vital Strategies Action For Economic Reforms (AER)

Cheers! Share your favorites in comments and let me know if your investment portfolio is ready for a review.

Vinovest just wrapped up its cask valuations. After 1 year, the average American whiskey casks saw its value jump at least 20%. This performance is exciting for two reasons. First, sourcing quality American single malt at an affordable price has been a huge accomplishment, especially considering the tight supply chain and booming demand. Second, the future is bright for American whiskey. In fact, Whisky Advocate predicts that American single malt will soon compete with Scotch on the global stage. Vinovest is excited to be a part of that showdown. #whiskeyinvesting

Happy International Beer Day! Glenn’s personal favorite beer is...Samuel Smith's Organic Chocolate Stout...like drinking a nice dark beer and eating a candy bar at the same time. Win!Win! 🍻 Let’s talk about possible Beer Investments: Molson Coors (TAP) *Stock is down 14% YTD and a good buying opportunity for value investors. Trades with only a 10.5 P/E ratio and a dividend yield of 3.3%. Company famous for Coors and Miller products but also has lots of craft brews. Personal favorites are Leinenkugels, Killians Irish Red and Fosters Lager. Boston Beer Company (SAM) *Stock is down 20% YTD but still has a 36 P/E and doesn't pay a dividend. Avoid!. Too bad, one of my favorite beers is Samuel Adams. Constellation Brands (STZ) *Stock is up slightly YTD of 1.5%, and trades at a P/E of 18 and has a dividend yield of 1.65%. Good value at $245/share. Imports Corona from Mexico and has exclusive license to sell their brands in the U.S. Love a cold Negro Modelo Beer (Corona’s brand). To set up a meeting or meet up for some brews, visit our website www.DovetailWP.com #InternationalBeerDay #BeerStocks #DovetailWealthPartners #ManageYourWealth #Investments #MakeMoney #WealthManagement #FinancialAdvisors

The consumer packaged goods (#CPG) space is a very interesting one. Why? Because oftentimes there is no rhyme or reason as to why certain products succeed and resonate with consumers, while others (even those that, on paper, look like total home runs) fail. This is one of those stories...courtesy of "The Science of Success" columnist Ben Cohen in The Wall Street Journal. Sales of non-alcoholic beverages have been on the rise in recent years, primarily due to social phenomena like #DryJanuary, and alcohol-free beers (anyone remember O'Doul's Premium or Beck's Haake Beck?) make up the majority of sales in this market segment. As a result of the growing popularity, this space is now quite crowded with a bunch of competitors, so seeing one rise to the very top, in the form of Athletic Brewing, is notable and surprising. Click on the link below to read the behind-the-scenes story of Athletic Brewing Co., and how it came to be the hottest-selling beer, either alcoholic or non-alcoholic, in America.

Why your beer costs so much. While there's a lot of to-do over taxation (and rightly so), one of the things brewers don't mention to the public much is the change in the cost of barley. Without getting too bogged down in specifics, this shows the year-by-year trend in barley prices _at the seed level_ long before we add in any of the transport and malting costs. (Malting costs time, moisture, and heat often in the form of natural gas). As compared to corn which has been relatively flat, barley has been a noisy but terrifyingly upward trend. Put simply, barley costs now are about 178%-184% of what they were in 2010. Malted barley costs are even worse, with fluctuations in fuel pricing driving up the costs of certain European caramelized varieties to unseen levels. As the second most abundant ingredient in beer by weight, this is a pretty massive shift in how much (good) beer costs to make. Those rich complex malt flavours come at a cost, and it's the malt-forward ales that are bearing the brunt. If you've wondered why light lagers are so popular again: it's not just the constantly shifting palate of the consumer, it's also just old-fashioned economics. We've hit the breakpoint in beer taxation, beer has basically taxed itself through its ingredients. Customers are going to alternatives, everything from "pre-gaming" at home, homebrewing, and cannabis beverages to unregulated supplies of 'recreational pharmaceuticals'. It's not a healthy place for Canadians or the beer industry to be.