tag:blogger.com,1999:blog-7695054139670388214.post1766195787819435680..comments2024-03-25T02:38:06.683-07:00Comments on Beeronomics: A Brewery Bubble?Patrick Emersonhttp://www.blogger.com/profile/17242234148546323374noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7695054139670388214.post-80425400910815220762012-08-28T06:11:38.751-07:002012-08-28T06:11:38.751-07:00Thanks Levi for pointing the obvious out! I agree ...Thanks Levi for pointing the obvious out! I agree that the population naturally has to be taken into consideration! Another thing that would be interesting is the demographics overall - how many beer drinkers are there today as compared to before? Women have started to drink beer in a much higher degree than back then, is my guess? OleFattGuyhttps://www.blogger.com/profile/02013558457056452985noreply@blogger.comtag:blogger.com,1999:blog-7695054139670388214.post-84240683926911053412012-08-09T08:38:53.261-07:002012-08-09T08:38:53.261-07:00One thing I think people forget with this graph is...One thing I think people forget with this graph is that the US population in 1870 was 38 million. Today we have a population over 300 million. On a brewery per capita basis, we should have ~16,000 breweries in the US to compare to the 1870's. Having 2100 is far from a sign of a bubble in my opinion.Levihttps://www.blogger.com/profile/09869366554598180116noreply@blogger.comtag:blogger.com,1999:blog-7695054139670388214.post-46498651986678583752012-08-08T12:12:17.485-07:002012-08-08T12:12:17.485-07:00I think you are right to highlight shelf space as ...I think you are right to highlight shelf space as a critical constraint. Not only is there limited square footage within retail establishments, but the profitability of the distributor/brewer relationship is critical for which breweries are allocated that retail space. It would seem to be much more profitable for a distributor to allocate a sizeable share of its shelf space to several "macraftos" like New Belgium, Lagunitas, and Sierra Nevada rather than manage dozens of relationships with smaller brewers. Economies of scale are definitely at work throughout the industry, not just on the brewing side.The Oriole Wayhttps://www.blogger.com/profile/16483309131692836436noreply@blogger.com