Craft beer companies now claim 11% of beer market - KWWL - Eastern Iowa Breaking News, Weather, Closings

Craft beer companies now claim 11% of beer market

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(NBC) -

Cheers to the American craft beer industry for hitting a new milestone.

According to the Brewers Association, craft brewers reached 11 percent volume share last year, marking the first time craft beer has seen a double-digit share in the marketplace. 

That's up nearly 8 percent from the previous year. 

The data also revealed the total number of breweries in operation grew by 19 percent in 2014.

There were 3,464 breweries producing more than 22 million barrels last year. 

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