Decline in Craft Breweries: The number of craft breweries has decreased from 9,747 in 2023 to 9,269 by June 2025, attributed to rising costs, changing consumer attitudes, and intense competition.
Bankruptcy Filings: Several craft breweries, including Dissent Craft Brewing and Iron Hill Brewery, have filed for Chapter 7 liquidation this year, while Bosque Brewing Company closed its Santa Fe locations after filing for Chapter 11 bankruptcy.
Bosque Brewing's Operations: Established in 2012, Bosque Brewing returned its operations to New Mexico in September 2025, collaborating with Marble Brewery for brewing and distribution, while still operating multiple taprooms.
Impact of Economic Challenges: The craft brewery industry faces significant economic challenges, leading to closures and restructuring efforts, highlighting the need for some breweries to seek bankruptcy protection to reorganize their businesses.
