Unlock stock picks and a broker-level newsfeed that powers Wall Street.
Upgrade Now
Insider Monkey
60 Highest Rated Beers in America
Sultan Khalid
18 min read

In This Article:

In this article, we are going to discuss the 60 highest rated beers in America. You can skip our detailed analysis of the economic impact of the U.S. beer industry, the possible decline of premiumization in the beer market, and the devaluation of craft beer brands, and go directly to 10 Highest Rated Beers in America. 

Although it is the third-most popular drink in the world, beer is often more than just a beverage. It has significant cultural and historical significance in many societies and traditions. In Germany, for example, beer is considered an essential part of the country's cultural heritage, and the country has strict regulations on the production of beer to ensure its quality and authenticity. In Ireland, beer (specifically Guinness) is associated with the country's national identity and is a common symbol of Irish culture. In the United States, beer has become synonymous with sports events and tailgating parties, as well as being a popular drink for socializing with friends.

Economic Impact of the U.S. Beer Industry: 

Beer is the favorite tipple of Americans. As we mentioned in our article – 20 Biggest Beer Brands in America – the U.S. beer industry contributed over 2.4 million local jobs and $409 billion to the national economy in 2022, equivalent to 1.6% of GDP. The industry also paid $132 billion in wages and contributed $63.8 billion in taxes. 

These economic figures represent substantial growth since the last study two years ago, with an uptick of $78 billion, or a 23.5% growth in economic impact. Also 400,000 new jobs were added in the last two years, representing a growth of 20%. 

The 2.4 million jobs the industry provides fall into a multitude of sectors, including 92,159 brewer and beer-importer jobs, 77,847 manufacturing jobs, 137,420 distribution jobs, 52,220 agricultural jobs and 979,805 retail jobs. According to Beer Serves America, each job in the brewing industry generates 30 jobs in every corner of the country. 

The Possible Decline of Premiumization: 

Premium alcoholic beverages have been outperforming other price categories for many years, helping drive the steady growth in craft beer. But the first half of 2023 has begun to show some cracks in premiumization, which may not bode well for craft beer, which is already slowing due to multiple other factors. 

On Drizly, the overall average unit price of products sold has seen a steady increase since 2019, growing nearly 17% over the last five years. So far in 2023 that average has remained flat. It is obvious that inflation has triggered a change in the spending habits by consumers, but how much those consumers of higher-end alcohol, such as craft beer, are willing to give up their favorite beverage to save money is unclear. In past recessions craft beer has fared well, with consumers tending to be more cost conscious by looking for deals, but seemingly not trading down into cheaper non-craft options.

Terms and Privacy Policy
Your Privacy Choices
Utah Privacy Notice
More Info

Recommended Stories