The craft beer boom has slowed down but hasn’t reached its saturation point just yet.

The craft beer boom has slowed down but hasn’t reached its saturation point just yet. The Brewers Association found that 1,000 small breweries opened in the U.S. last year while 165 closed; that means 2017 had a 2.6% closing rate, 42% more than 2016. That said, young consumer demand for craft brews hasn’t waned. Not only are new competitors crowding the space, but major brands are buying in too (like Anheuser-Busch InBev, which bought Goose Island)—naturally leading to a slowdown from the initial craft beer craze. (WP)