Consumers still high on craft beer, but market is sobering up with belt tightening and closure of Archipelago, Trouble Brewing
Artisanal beer companies in Singapore also hit by surging malt costs and an overcrowded market
SINGAPORE’S beer drinkers are raising a toast to craft beer, as more consumers swap mass-market lagers for the nuanced flavours of artisanal brews.
Craft beer volumes and sales have generally risen year on year, with consumers increasingly turning to home-grown labels as their tipple of choice, industry players tell The Business Times.
Unlike other trends that surged during the pandemic but have since waned – such as bicycle sales or remote work arrangements – craft beer volumes have maintained momentum, they say.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Singapore workers experiencing rising anxiety; signs of fallout from pressure to use AI