Athletic Brewing Company has changed the game not just for non-alcoholic beers but for the entire craft beer market. Their goal was to craft delicious non-alcoholic beers that people can enjoy anytime and anywhere, and they’ve succeeded.
Today, Athletic is the top non-alcoholic beer brand and ranks among the top 20 brewing companies in the U.S.
Let’s look at what makes Athletic Brewing Beers so popular and why it is growing so quickly.
Athletic focuses on crafting non-alcoholic beers with full flavor that can be enjoyed without any worries or hangovers. Unlike other non-alcoholic beers, Athletic uses a unique process that preserves full flavor in their brews. This has helped them compete with full-strength beers and win numerous awards.
Athletic’s essential brews include Run Wild, Upside Down, Free Wave, Cerveza Atletica and Athletic Lite. These are available in store year round. They frequently introduce new and experimental batches, as well as limited-edition styles that showcase unique flavors. Additionally, they collaborate with some of their favorite brands to create special brews.
Athletic is sold nationwide at more than 50,000 retailers and 25,000 on-premise venues. We can find Athletic beers at nearly every offline store, and they are also available for online purchase through their own website as well as platforms like GoPuff, Instacart, DoorDash, and Shipt.
Consumer reviews reveal why people love Athletic’s non-alcoholic beers:
Athletic Brewing’s non-alcoholic beers are popular due to their great taste, health benefits, and convenience. The brand’s commitment to quality and social responsibility also plays a significant role in its success.
Modern trends towards healthier lifestyles and reduced alcohol consumption in the U.S. have driven the rapid growth of the non-alcoholic beer market and the impressive expansion of Athletic Brewing Co.
The non-alcoholic beer market has been growing rapidly in recent years. Sales jumped 39% in 2020 and continued to rise with a 32% increase in 2023. This growth is part of a larger trend towards healthier lifestyle choices. More people are choosing non-alcoholic beers to avoid the negative effects of alcohol, like hangovers and extra calories. In 2024, 41% of Americans are actively trying to cut back on alcohol, which is a 7% increase from the previous year.
Athletic Brewing Co. has been leading this trend. The company’s sales have seen impressive growth, with over $90 million in sales last year, marking a more than 60% increase. In 2022, their sales grew nearly 70%, reaching over $60 million, up from $37 million in 2021. This growth is significant and shows that Athletic Brewing is not just keeping up with the market but is also leading it.
Athletic Brewing’s success is reflected in its valuation. Recently, the company closed a $50 million equity financing round, which values it at around $800 million. This valuation is about double what it was two years ago. The funding will help Athletic expand its operations, including opening a new brewing facility and increasing its product availability at retailers.
Looking ahead, Athletic Brewing Co. is well-positioned for continued success. With over 19% of the non-alcoholic beer market share and driving 32% of the category’s growth, the company is a leader in this expanding sector. The new investment and additional brewing capacity will help Athletic meet rising demand both in the U.S. and internationally. As more consumers seek healthier beverage options, Athletic Brewing is likely to maintain its strong position and continue to grow.
Athletic Brewing Co. remains a private company, so we will have to wait for a potential IPO.
For now, Keep track of the company’s progress and enjoy Athletic beers until the day it goes public!
*References: Athletic Brewing Co., FoodDive, The Wall Street Journal, Forbes, CNBC, cbInsights, tastingtable.com
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