Source: SmartCompany
Grain, hops, yeast, and water are all it takes to make a beer. However, the recipe for a successful craft brewery is a little more complex. And in Australia, it seems the ingredients are in short supply.
More than a dozen high-profile craft brewers have collapsed in the past 18 months, souring optimism in a sector that seemed ready to thrive after pandemic shutdowns.
Speaking to SmartCompany, craft brewers and administrators say a tough macroeconomic environment has only magnified industry-specific challenges.
It isn’t last call for the sector, but experts predict further hardship to come.
Three kegs a week, down to one
Australia’s independent brewing scene has a long and proud history, but the number of craft breweries has vastly increased over the past 15 years.
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