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In 2007 there were 1,200 craft brewers – now 6,600
- anoncoward111 8y agoEvidence of genuine demand or a bubble? Time will tell. Some interesting questions: 1) Has the total amount of beer consumed per capita from say 1990 to 2018 risen, fallen, or stayed the same? 2) Have Budweiser drinkers shifted to craft beer (aka "demand cannibalization", e.g blackberry users switched to iphones) 3) Is 6,600 craft breweries the correct amount of breweries to satisfy market demand? If it's too much, expect to see restructurings and bankrupcties.