Expect to hear more about can shortages across beverage companies.". By Kyler Alvord. Karl Strauss has whittled down the number of beers it typically makes, putting the pause on specialty releases and seasonal beers. Beer sold in cans accounted for 50% of all beer sold in 2010 and 60% in 2019, a 20% increase, according to the National Beer Wholesalers Association, a trade association for US beer distributors. News. A nationwide shortage of aluminum cans has sent breweries into a frenzy.. Can producers such as Broomfield, Colorado-based, ​​"Can supply is a big deal," said Paul Gatza, a senior vice president for the Brewers Association, the trade association representing America's craft breweries. COVID-19 ushered in an "unprecedented surge in demand" and "short supply" of certain canned drinks, Robinson said in an email. ​​To be sure, not everyone says they've been hurt by the shortages in cans. Beverage companies have been hit with a shortage of aluminum cans as soft drink and beer consumption has shifted from restaurants to homes amid the coronavirus pandemic. All times are ET. But with the shortage of aluminum cans and demand at an all time high, business has been out of whack. The shortage is primarily due to people staying at home and imbibing soda pop and beer in aluminum cans as opposed to going to restaurants, pubs and bars. All rights reserved. “We understand that brands may need to use other packages temporarily,” he says, but the factors that had led the can to take market share away from plastic and glass are still at play. “The big game right now is just figuring out how to get our hands on as many … Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Disclaimer. Sign up here. From a report on CBS8, San Diego, owner of Serpentine Cider, Sean Harris verified there is an aluminum can shortage. Save better, spend better: Money tips and advice delivered right to your inbox. ​​That's partly because of the can shortage as well as increased consumer demand for brewers' biggest brands. Budway says he is not afraid that aluminum cans could lose market share in the long term as a result of the current shortage. The increased demand for canned beverages necessarily led to a corresponding increase in the demand for aluminum cans. He acknowledged experiencing general "supply chain challenges," which have gripped a wide range of food and beverage companies. Here's what you need to know. Molson Coors products are shown on November 29, 2018 in Chicago, Illinois. ​​"From what we can piece together, everyone is now having issues meeting demand, and there is fear of lost business to wine and spirits," analysts Robert Ottenstein and Eric Serotta wrote. With thousands of Americans opting to crack open a can at home, rather than inside a bar or restaurant, beverage companies are seeing a remarkable shortage of one of their most important supplies — aluminum cans. Much like manufacturers weren't prepared for a sudden rush of Americans buying toilet paper in the early days of the pandemic, canmakers and beverage companies weren't ready for drink consumption to go from the tap to the home. Aluminum can shortage means your favorite soda may be hard to find. Although things like toilet paper and paper towels are easier to find now than they were back in March, shortages of some items, like aluminum … U.S. Between the coronavirus pandemic, the surge in off-premise sales and more people buying beer at liquor or … coronavirus and changing habits related to it, American craft brewers were already in trouble. “Every company that makes anything in the 12-ounce can has been challenged to some degree by the global can shortage,”’ said Chief Executive … Drink Beer Shortage The U.S. has been facing an aluminum can shortage caused by the pandemic for months, and local breweries are still being impacted. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. He says consumers are turning to cans more now than ever before. “Beverages in convenient take-home packages like aluminum cans are particularly popular right now, and beverage company employees are doing all they can to make sure store shelves remain fully stocked," William Dermody Jr., the ABA's vice president for media and public affairs, said in an email. This is normally the busiest time of year at … Canmaker Ball Corp. will open two new plants in America by the end of 2021 and add two production lines to U.S. facilities. Lockdowns and stay-at-home orders increased demand for packaged food and drinks which has resulted in a shortage of aluminum cans in the United States as … It's the capacity to produce the cans that's lacking. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. U.S. faces shortage of up to 8 billion meals in next 12 months, leading food bank says The can shortage is set against a backdrop of on-again, off … National aluminum can shortage There's an unexpected shortage in aluminum cans as a result of the COVID-19 pandemic. In the short term, the company is working with its foreign plants to distribute cans to the North American market. Fulton pours drinks at their taproom and sells beer and hard seltzer in cans around the region. Brewers increasingly turned to the vessel during the past 10 years. San Francisco (CNN Business)A shortage of one of the most mundane items in daily life -- the humble aluminum can -- means beer fans are likely to find that some of their favorite brews are out of stock right now. "Many new beverages are coming to market in cans, and other long-standing can customers are moving away from plastic bottles due to ongoing environmental concerns around plastic pollution. 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