Sales fall among Utah's leading craft breweries
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The three largest craft breweries in Utah saw sales decline in 2024, an Axios analysis found.
Why it matters: The figures indicate that Utah's beer scene is not exempt from the tough times plaguing the nation's brewing industry.
The big picture: Craft beer production in the U.S. hit 23.1 million barrels in 2024 — a 4% decline compared to 2023, driven by market saturation and changing drinking habits, Axios' John Frank reported.
By the numbers: Utah's largest brewer, Uinta Brewing Company, saw sales dip 11% in 2024 compared to the prior year, our analysis of Brewers Association data shows.
- Epic Brewing Company experienced a 19% decline while Bohemian Brewery sales fell by 3%.
- In contrast, Templin Family Brewing saw its sales rise by 16%.
Caveat: Not all Utah breweries are represented in the data because some do not share sales numbers, and some sales figures are estimates.
Between the lines: Squatters Craft Beers and Wasatch Brewery no longer produce in Utah after their owner, Monster Brewing Company, shut down their local operation this year, the Salt Lake Tribune reported.
- Utah brewers called the closure a loss for the state's brewing industry.
Yes, but: Some local breweries have expanded their footprint.
- Shades Brewing relocated to a new brewery and taphouse in the city's Ballpark neighborhood in April after outgrowing its South Salt Lake location.
- The state's first Black-owned brewery, Policy Kings, moved to Salt Lake City's Central 9th neighborhood from Cedar City in May.