Dave Infante has written the best piece on the evolution of craft beer market I have read in quite some time (and not just because he quotes me). I get asked all the time if I think there is a craft beer bubble and my answer is always no, but that I think the market is maturing to a point where price competition is coming and it will put a lot of pressure on small-scale breweries. I expect that we will see a fair number of breweries closing but because of this dynamic, not because of a bubble.
Go and check it out.
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