Is there a craft beer bubble in the South Carolina Upstate? – Charleston Post Courier

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Upstate brewing industry is debating whether a bubble is forming in their business. File/AP

ANDERSON — It seems like anything popular is subject to the dreaded “bubble” question.

Is the bubble about to burst on smartphone apps? Is the bubble about to burst on fidget spinners? When will the bubble burst on Justin Bieber? There are bubbles all over this world and most all of them will burst in time.

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Budweiser owner AB-InBev snapped up Asheville craft brewer Wicked Weed this year, but new beer makers continue to open in that area. File/AP

The most debated one right now is craft beer. As companies like AB-InBev continue buying up craft beer breweries like Asheville, N.C., mainstay Wicked Weed and breweries keep opening up month after month after month, craft beer is one of the hottest topics in business, investment and even local circles.

While overall beer sales have remained constant with little growth over the last year, craft beer sales have seen double digit growth until just recently. But with that sales growth showing a 5 percent uptick rather than the previous 10 percent to 12 percent pace, some are asking if there is a craft beer bubble about to burst.

“I was just talking about this where Greenville was concerned,” said Andrew Myers, brewer at Swamp Rabbit Brewery in Travelers Rest and member of the South Carolina Brewers Guild. “My impression was that there are more places to get a craft taco in Greenville than there are breweries in the Upstate. There are a ton of them. I don’t think there is a craft taco bubble, so I’m not too concerned or worried about a craft beer bubble.”

Myers had some statistics to back that up.

Just over the

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