Unlock stock picks and a broker-level newsfeed that powers Wall Street.
Top 20 Oldest Breweries in America

In this article, we are going to discuss the top 20 oldest breweries in America. You can skip our detailed analysis of how the advent of refrigeration changed the brewing industry, the economic contribution of the American beer industry, the recent acquisition in the national beer landscape, and the new trend in the craft beer market, and go directly to Top 5 Oldest Breweries in America

January 17, 1920, marked a dark day for brewers in America. At the stroke of midnight, the United States became a dry country under Prohibition, resulting in over a thousand producers swiftly banned from selling their chief commodity – alcohol. 

Prohibitions forced many breweries to either adapt or die, and so many of them perished. Out of more than 1,300 breweries in operation in 1915, no more than 100 survived. However, they included some of the most iconic names in the American beer industry, such as Anheuser-Busch, Coors, Miller, Pabst, and Yuengling. 

The Advent of Refrigeration: 

Refrigeration sparked a paradigm shift in brewing and forever altered the way breweries functioned in America. According to the Brewer’s Association, there were 4,131 breweries in operation in the country in 1871 (compared to 3,418 in 2014). 

However, unlike modern breweries, which have access to refrigerated train cars and shipping containers, transporting beer was much harder before the dawn of refrigeration and pasteurization. This entailed that most beer stayed where it was brewed and thus was consumed locally. 

As refrigerated train cars started to take hold, numerous smaller players began to be gobbled up by larger ‘shipping breweries’, and so the advent of refrigeration marked a mass-market consolidation event in the American brewing industry. 

Economic Contributions of the Beer Industry:  

The country has come a long way since Prohibition and with 28.2 gallons per capita, beer was the most consumed alcoholic drink in America in 2022. As we mentioned in our article – 25 Top-Selling Beers in America – the beer industry supported more than 2.4 million local jobs last year, and contributed around $409 billion to the national economy – equivalent to 1.6% of GDP. The industry also paid more than $132 billion in wages and contributed $63.8 billion in taxes to the national exchequer. 

America’s beer industry has been flourishing for a few decades now and there were 9,709 breweries operating in the country in 2022 – the highest figure ever in history.

Recent Acquisition in the Beer Industry: 

Tilray Brands, Inc. (NASDAQ:TLRY) – a craft beer and cannabis company that was among the first to be licensed for medical cannabis in Canada – has announced earlier this month that it has agreed to acquire eight beer and beverage brands from Anheuser-Busch InBev SA/NV (NYSE:BUD) for an undisclosed amount.