DENVER BUSINESS JOURNAL - Colorado is home to two of the 50 fastest-growing breweries in America — both of which are smaller beer makers with limited distributions.
Nano 108 Brewing of Colorado Springs ranked as the 38th-fastest-growing brewery in the United States, according to an inaugural list compiled by the Boulder-based Brewers Association, the trade group for independent breweries nationwide.
38 State Brewing of Littleton ranked 49th in the same survey, which is based on growth from the end of 2016 to the end of 2017.
While Colorado has five of the 50 largest craft breweries in America, the smaller number of fast-growing beer makers within the Centennial State is understandable because this is a mature market. BA chief economist Bart Watson said last month in announcing the 5 percent annual growth in craft-beer production that the greatest growth is happening in states that have lower saturation levels of local breweries, such as those in the Southeast, and at small breweries or brewpubs that sell the vast majority of their beers on-site rather than in bars and stores.
Read more about this story at the Denver Business Journal.