Brewers Association Releases Annual Craft Brewing “Top 50” Production Report

Annual Report Includes Release of 2025 Production Data and Top 50 Brewery Rankings

The U.S. craft brewing industry continued to adjust to a challenging market in 2025, posting a 5.1% decline in production amid broader softness in beer sales. Despite these headwinds, craft brewers slightly increased market share and demonstrated resilience in key segments. 

Production Declines, but Craft Outperforms Beer Overall 

Total craft production fell 5.1% in 2025, with 60% of breweries reporting declines, 39% reporting growth, and 1% holding steady. 

By business model: 

• Brewpubs: -1.7% 
• Taprooms: -3.9% 
• Microbreweries: -8.9% 
• Regional breweries: -5.9% 

Craft beer outpaced the overall beer category, which declined 5.7% by volume, highlighting relative resilience within a contracting market. 

Market Share Edges Up 

Craft’s share of the beer market by volume increased slightly from 13.2% to 13.3%, reflecting continued consumer demand for independent brewers despite overall category declines. 

Craft beer’s retail dollar value declined 3.6% year-over-year in 2025, to a total of $27.8 billion. While reduced sales volume contributed to the drop, the impact on dollar sales was less pronounced due to higher average beer prices and a continued shift toward on-site consumption models such as taprooms and brewpubs where there is a higher unit price. As a result, retail value proved more resilient than volume trends alone might suggest. 

Craft maintained a 24.6% share of total beer retail dollar sales, essentially unchanged from the prior year, reinforcing its stable position in the broader market despite ongoing headwinds. 

Employment Adjusts with Industry Shift 

The craft brewing workforce declined to 189,000 jobs, down 8,000 (-4%) year-over-year. Employment held up better than production, supported by the relative stability of hospitality-focused brewery models and the higher rate of employees per barrel produced in those models. 

Fewer Breweries, Slower Openings Mark Industry Reset 

The number of operating U.S. craft breweries fell to 9,578, a 2.9% net decline from 2024. 

Breakdown by type: 

• Microbreweries: 1,994 (-4.4%) 
• Brewpubs: 3,525 (-2.5%) 
• Taprooms: 3,784 (-2.7%) 
• Regional breweries: 275 (-0.4%) 

New brewery openings dropped sharply to 300 in 2025 (down from 518 in 2024), while closures also declined to 481 (from 591). The slowdown in openings signals a shift toward a more mature, competitive market with fewer untapped opportunities for new market entrants. 

Regional and Business Trends 

Performance varied across regions. The East North Central Census division posted the strongest trend, finding growth of +0.3%, followed closely by the Pacific division (-0.1%), both outperforming national trends. 

Breweries with strong brand identity and clear market positioning continued to outperform, with brands like Garage Beer and Outlaw (by Tivoli Brewing Company) among notable gainers. 

Hospitality-driven models, i.e., brewpubs and taprooms, remained comparatively resilient, particularly those offering differentiated value to budget-conscious consumers. 

Looking Ahead: Cautious Optimism 

Key trends shaping the future include a potential rebound in consumer attitudes toward beverage alcohol, continued momentum for strong and differentiated brands, and the growing importance of experience-driven brewery models that offer value beyond the product itself. 

“The industry outlook points towards cautious optimism, as shifting trends offer hope for a more stable path forward after several challenging years,” said Matt Gacioch, staff economist at the Brewers Association. “While it’s probably premature to say the industry has settled into a ‘new normal,’ there are many indications that we are moving in that direction. What’s nearly guaranteed is that success going forward will come down to creating something meaningful and memorable for consumers. Breweries that deliver consistent quality, human connection, and unique experiences will stand out.”

Top 50 Craft Brewing Companies

City/State: Corporate headquarters or largest production facility.

Top 50 Overall Brewing Companies

City/State: Corporate headquarters or largest production facility.

Note: Numbers are preliminary. For additional insights, visit Insights & AnalysisOpens in new window on the Brewers Association website. The complete 2025 industry analysis will be published in the May/June 2026 issue of The New Brewer, highlighting regional trends and production by individual breweries.

*Figures do not include FMBs, or wine- or spirits-based RTD/RTS beverages.

¹An American craft brewer is a small and independent brewer. Small: Annual production of 6 million barrels of beer or less (approximately 3 percent of U.S. annual sales). Beer production is attributed to a brewer according to the rules of alternating proprietorships. Independent: Less than 25 percent of the craft brewery is owned or controlled (or equivalent economic interest) by a beverage alcohol industry member that is not itself a craft brewer. Brewer: Holds a Brewer’s Notice issued by the Alcohol & Tobacco Tax & Trade Bureau, or its successor, or control the intellectual property for one or more brands of beer, has that brand or brands brewed for it in the United States, and have as its primary business purpose the resale of the brand or brands it controls.

²Absolute figures reflect the dynamic craft brewer data set as specified by the craft brewer definition. Growth numbers are presented on a comparable basis.

³Volume by craft brewers represents total taxable production. 

⁴Figure based on companies that met the craft brewer definition for all or part of 2025. 

View and download the lists of the top 50 producing craft brewing companies and the top 50 producing overall brewing companies.

View a list of brands included under the companies in the overall brewing category.