
There’s no question that craft
beer has revolutionized the alcohol industry and changed the way Americans
drink. Once dominated by a few big brands like Budweiser
and Miller, beer was changed forever in 1978 when President Jimmy Carter deregulated
the industry.
Just 89 breweries in the U.S. existed at that time, but there are more than 6,000 today, and that number has nearly tripled in the last five years alone.
Craft beer, which by definition comes from brewers with annual production of less than 6 million barrels, hasn’t just proven appealing to drinkers. Small brewers have also become acquisition targets for the multinational beer and liquor companies that are hungry for growth. Click through for five stocks to invest in the craft beer revolution.
ALSO READ: Maybe Craft Beer's Outlook Isn't as Gloomy as Big Beer Thinks
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