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Is the craft beer industry facing a slowdown?

SANTA ROSA, CA - FEBRUARY 07:  A Russian River Brewing Company bartender pours a glass of the newly released Pliny the Younger triple IPA beer on February 7, 2014 in Santa Rosa, California.  Hundreds of people lined up hours before the opening of Russian River Brewing Co. to taste the 10th annual release of the wildly popular Pliny the Younger triple IPA beer that will only be available on tap from February 7th through February 20th. Craft beer aficionados rank Pliny the Younger as one of the top beers in the world. The craft beer sector of the beverage industry has grown from being a niche market into a fast growing 12 billion dollar business, as global breweries continue to purchase smaller regional craft breweries such this week's purchase of New York's Blue Point Brewing by AB Inbev.  (Photo by Justin Sullivan/Getty Images)
Justin Sullivan/Getty Images
A Russian River Brewing Company bartender pours a glass of the newly released Pliny the Younger triple IPA beer on February 7, 2014 in Santa Rosa, California.

Craft beer has been on the scene for a while now.

Craft beer has been on the scene for a while now.

And with that, many beer businesses have opted to become part of the craze. But could the proliferation of so many companies be oversaturating the market?

As reported in The Wall Street journal, with a large number of small craft beer companies on the rise, it’s been difficult for breweries to find hops that give their product that signature taste.

Larry speaks today to Tom McCormick of the California Craft Brewers Association, to find out more about the future of the craft beer industry.

Guest:

Tom McCormick, executive director of California Craft Brewers Association

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