Better Beer creators Inspired Unemployed. Source: Better Beer
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Beverage company Mighty Craft’s (MCL) low calorie beer, Better Beer, launch has exceeded expectations and expands its range before Christmas
  • The Better Beer Zero Carb bottles were sold out in one week of the launch and due to this overwhelming response the company will release a keg version just before Christmas
  • Mighty Craft estimates around three million litres of Better Beer will be sold in FY22, which would have the business on track to be one of the biggest mainstream beer launches of the year
  • The company has confirmed a restock of the beer will happen this weekend (December 11), with around 600,000 litres ordered pre-Christmas
  • On market close for the day, Might Craft is up 4.76 per cent and trading at 33 cents

Beverage company Mighty Craft (MCL) has exceeded expectations for its Better Beer launch and expands its national ranging.

Better Beer is an exclusive retail partnership between Endeavour Drinks Group, Mighty Craft and Torquay Beverage company.

The Better Beer range is a zero carb, zero sugar and 87-calorie alcoholic beer, created by the Inspired Unemployed. The range can be found in all Dan Murphy’s’ and BWS stores.

In November, the Better Beer Zero Carb bottles were launched and, due to the overwhelming demand, the company will release keg versions of its beer.

The kegs are planned to be launched this month, just in time for Christmas and the New Year period.

Mighty Craft is estimating around three million litres of Better Beer will be sold in FY22, which would have the business on track to be one of the biggest mainstream beer launches of the year.

Commenting on the announcement is Endeavour Group Beer Category Manager Harriet Wischer.

“As the exclusive national retailer for Better Beer, we certainly suspected that the launch was going to be huge in Australia, but it has been bigger than anyone could have expected,” she said.

“Better Beer is our most successful new brand beer launch this year.”

Notably, the initial volume of stock to support the launch sold out within the first week of the release. Mighty Craft confirmed that stock is back in stores from the weekend of December 11, with around 600,000 litres ordered pre-Christmas.

Mighty Craft Managing Director Mark Haysman is excited about the future of Better Beer.

“Mainstream beer is a huge category in Australia and Better Beer has clearly struck a chord with a wide spectrum of enthusiastic beer consumers. The Inspired Unemployed boys have a huge following across Australia with over 2.5 million followers across their platforms and importantly it is one of the most engaged platforms in the country,” he said.

“This unique partnership is definitely disrupting this category and offering a popular new
alternative that has very quickly gained sales momentum.”

On market close for the day, Might Craft was up 4.76 per cent and is trading at 33 cents per share.

MCL by the numbers
More From The Market Online

Week 13 Wrap: Easter bunny delivers new all time high for ASX200

Another week, another all time high. The ASX200 clocked 7,901pts on Thursday for the first time…
The Market Online Video

Market Close: Green lights up on ASX for Easter hunt go

The ASX200 closed the day in record territory - nearly a per cent up with every…

Market shrugs as Fisher & Paykel announces mass recall

Fisher & Paykel has initiated a voluntary limited recall of batches of Airvo 1 and my…
The Market Online Video

Market Update: ASX glows red hot with another hit record

The ASX200 is trading up, hitting a new high of 7901 point and eclipsing the last…