U.S. craft beer volumes surged 12.8% to 24.1 million barrels last year, according to the Brewers Association. Total sales of craft beer rose 16% to $22.3 billion.
The growth in craft beer followed another sluggish year for the overall beer market. Total U.S. beer volumes increased 0.2% last year, says the Brewers Association, as consumers continued to swap their Budweiser for new craft options by various upstarts, or switched to hard ciders and teas.
Walmart will launch Prosecco soon.
Walmart has sold private-label spirits for the past 10 years, with offerings now available in 39 states. The company will soon launch two types of sparkling Prosecco in about 2,200 U.S. stores.