The Hustle

Hard seltzers are bigger than ever

Hard seltzer had a big 2019 and an even bigger 2020, outpacing even analysts' predictions to become a bubbly $4B industry.

June 3, 2021

In case you thought White Claw Summer ended in 2019, it’s only just begun.

Sales of hard seltzer shot up to $4B in 2020 compared to $500m in 2018, per The New York Times.

Big at bars and at home

Hard seltzer sales increased by 73% at bars and restaurants in 2019, according to NielsenIQ. But even as those venues closed amid the pandemic, retail sales surged in 2020.

Analysts told the NYT they predict sales will bubble up to $8B+ in the next 4 years.

Why do people love fizzy adult water so much?

The top-reigning seltzer champs…

… are currently Mark Anthony Brands’ White Claw and Boston Beer Company’s Truly, accounting for ~70% of the market.

But new challengers are popping up everywhere:

The worst seltzer? Probably this Four Loko that comes in at 12% ABV.

Want more insights on the hard seltzer market? Check out this 5-slide deck that Trends contributor Alex Moskov wrote in 2019.

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