Coffee Beer

Coffee Beer Market Outlook

The global coffee beer market is projected to reach a value of approximately USD 3.5 billion by 2035, with a compound annual growth rate (CAGR) of around 8.2% from 2025 to 2035. This remarkable growth can be attributed to the increasing consumer interest in innovative beverage options that combine familiar flavors, coupled with the rising trend of craft beer consumption. The fusion of two beloved beverages not only caters to adventurous palates but also enhances the overall drinking experience, encouraging consumers to explore diverse flavor profiles. Additionally, the growing popularity of specialty coffee and the craft beer revolution have led to a surge in the production and availability of coffee beer varieties. The expansion of the distribution networks and the rise of e-commerce platforms are further facilitating access to these unique beverages, driving the market forward.

Growth Factor of the Market

The coffee beer market is witnessing significant growth due to several key factors that are shaping the industry. Firstly, the increasing demand for craft beers has catalyzed innovation as breweries strive to differentiate their products. The incorporation of coffee into beer appeals to both coffee lovers and beer aficionados, creating a unique niche. Furthermore, the rise in consumer interest towards novel and experimental flavors has encouraged breweries to experiment with various coffee styles and brewing techniques, resulting in an expanded product range. Health consciousness among consumers is also a contributing factor, as many view moderate beer consumption as a part of a balanced lifestyle. Additionally, the growing trend of pairing coffee beer with food in culinary experiences has boosted its popularity, particularly in restaurants and bars that emphasize beverage-pairing options. Finally, the influence of social media and lifestyle trends has created a buzz around coffee beer, encouraging more consumers to try this innovative beverage.

Key Highlights of the Market

• The coffee beer market is anticipated to grow at a CAGR of 8.2% from 2025 to 2035.
• Craft breweries are increasingly introducing coffee-infused beers to appeal to adventurous consumers.
• North America is expected to hold a significant market share, driven by the craft beer revolution.
• Online retailing is emerging as a crucial distribution channel for specialty coffee beers.
• The growing trend of food pairing with beverages is boosting the popularity of coffee beer in restaurants.

By Product Type

Stout :

Stout coffee beers are characterized by their rich, dark appearance and robust flavors, often derived from roasted malts and coffee. The combination of coffee and stout enhances the beer's inherent bitterness, leading to a complex flavor profile that appeals to those who enjoy deep, rich beverages. These beers typically have higher alcohol content and are often consumed in a more relaxed setting, making them a popular choice for nighttime enjoyment. The depth of flavor in stout coffee beers complements dessert options, establishing them as a favored pairing in bars and restaurants.

Porter :

Porter coffee beers offer a slightly lighter alternative to stouts while maintaining a roasted and malty flavor. The addition of coffee provides a unique twist that enhances the traditional taste of porter, making it a preferred choice for consumers who enjoy a balance between sweetness and bitterness. The versatility of porter coffee beers allows them to be enjoyed across various occasions, from casual gatherings to formal dinners, where they can be paired effectively with grilled meats or creamy desserts.

Ale :

Ale coffee beers present a fruity and hoppy flavor profile, often combined with the distinct taste of coffee. The infusion of coffee into ale allows for an interesting interplay between the beer's natural sweetness and the coffee's bitterness, resulting in a refreshing yet complex drink. This type is particularly appealing to craft beer enthusiasts looking for something unique, and it is often marketed to younger audiences who enjoy bold and experimental beverages. Ale coffee beers can be served chilled, making them suitable for any season, especially during warmer months.

Lager :

Lager coffee beers are lighter in body and flavor compared to stouts and porters, providing a refreshing alternative for consumers who prefer milder beverages. The addition of coffee in lager helps to enhance the beer's crispness while offering a subtle coffee aroma that does not overpower the taste. These beers are ideal for casual settings and social gatherings, where drinkability is paramount. The crisp finish of lager coffee beers makes them an excellent option for pairing with light meals and appetizers.

Pilsner :

Pilsner coffee beers are characterized by their bright, golden hue and crisp, refreshing taste. The introduction of coffee lends a unique flair to the traditional pilsner, creating a delicate balance between the beer's hop bitterness and the rich flavor of coffee. This style appeals to a broad range of consumers, particularly those who may be hesitant to try heavier coffee-infused beers. Pilsner coffee is perfect for outdoor events and summer gatherings, making it a popular choice among beer drinkers looking for something light yet flavorful.

By Application

Bars & Pubs :

Bars and pubs serve as key venues for the consumption of coffee beer, providing a social ambiance that encourages patrons to explore new beverage options. The unique flavor profiles of coffee beers create an exciting addition to the menu, appealing to both craft beer enthusiasts and casual drinkers. Establishments can leverage the growing trend of coffee-infused products to attract customers seeking innovative experiences. Moreover, the ability to pair coffee beer with an array of food items enhances the dining experience, making it a popular choice in bars and pubs.

Restaurants :

Restaurants are increasingly incorporating coffee beers into their beverage offerings, capitalizing on the trend of marrying food with unique drink pairings. This application allows chefs to create exciting culinary experiences that highlight the synergy between food and beverages. Coffee beers are versatile enough to complement a variety of dishes, making them a favored choice for wine and beer pairings. Restaurants that focus on craft and quality are particularly well-positioned to benefit from the surge in interest surrounding coffee-infused beverages, thereby enhancing their overall dining experience.

Liquor Stores :

Liquor stores play a significant role in the distribution and availability of coffee beers, providing consumers with access to a wide selection of products. As the popularity of coffee beer continues to rise, liquor stores have begun to allocate more shelf space to these unique offerings, allowing customers to experiment with different brands and styles. The convenience of purchasing coffee beer from liquor stores has made it easier for consumers to enjoy these beverages at home, contributing to market growth. Additionally, promotions and tastings held at liquor stores further educate consumers about the variety and appeal of coffee-infused beers.

Online Retailers :

Online retailers have emerged as a vital channel for the distribution of coffee beers, particularly in a post-pandemic world where convenience is paramount. The ability to browse and purchase a diverse selection of coffee beers from the comfort of home has revolutionized the shopping experience for consumers. E-commerce platforms are equipped to provide detailed product descriptions, reviews, and recommendations, which can enhance the decision-making process for buyers. Moreover, online retailers often offer exclusive deals and limited-edition releases, appealing to avid collectors and enthusiasts of specialized beverages.

Supermarkets :

Supermarkets are increasingly recognizing the potential of coffee beers to attract consumers looking for innovative beverage options. The placement of coffee beers in the beverage aisle alongside traditional beers and ready-to-drink products has fostered curiosity among shoppers. Supermarkets often curate a selection of popular and local coffee beers, thereby catering to a diverse consumer base. Additionally, promotional events and tastings organized by supermarkets can encourage trial purchases, helping to solidify coffee beer’s position as a mainstream product within the beverage market.

By Distribution Channel

On-trade :

The on-trade distribution channel encompasses establishments such as bars, restaurants, and pubs where consumers can enjoy coffee beers in a social setting. This channel is crucial for the coffee beer market as it provides an avenue for consumers to experience the product firsthand, enabling them to appreciate the unique flavors and nuances. On-trade sales are often driven by trends in the craft beer scene, where bartenders and servers can recommend innovative coffee beer options to patrons. With the rise of experiential dining, the on-trade segment becomes increasingly vital as it fosters brand loyalty and encourages repeat purchases.

Off-trade :

The off-trade distribution channel consists of retail outlets where consumers can purchase coffee beers for home consumption. This channel includes supermarkets, liquor stores, and convenience stores, which provide easy access to a variety of brands and styles. The convenience of off-trade purchasing aligns with the growing trend of enjoying craft beverages at home, particularly during events and gatherings. Off-trade sales are influenced by promotions, packaging, and marketing efforts, making it an essential avenue for coffee beer brands to foster customer interest and loyalty. The off-trade channel is expected to grow significantly as consumer preferences evolve toward more diverse beverage options.

Direct Sales :

Direct sales involve the ability of breweries to sell coffee beers directly to consumers through various platforms, including brewery taprooms and online sales. This channel provides breweries with the opportunity to establish a direct connection with their customers, enhancing brand loyalty and creating a personalized drinking experience. Direct sales allow consumers to purchase exclusive or limited-edition releases that may not be available in retail stores, making it a preferred choice for enthusiasts. Additionally, breweries that utilize direct sales can capitalize on consumer feedback, which can inform product development and marketing strategies.

Specialty Stores :

Specialty stores that focus on craft beverages provide an ideal setting for coffee beer sales, catering to a niche audience that seeks unique and high-quality products. These stores often curate a selection of artisanal and craft offerings, allowing consumers to explore a diverse range of coffee beers from various breweries. The knowledgeable staff in specialty stores can also provide personalized recommendations, enhancing the shopping experience and fostering a community around craft beverages. As the market continues to grow, specialty stores will play a crucial role in driving awareness and interest in coffee beer options.

Convenience Stores :

Convenience stores represent a significant distribution channel for coffee beers, especially in urban areas where access to craft beverages is essential for on-the-go consumers. The quick and easy access to coffee beers in convenience stores caters to spontaneous purchase behavior, particularly among younger demographics. This channel offers a limited but attractive selection of popular coffee beer brands, making it accessible for consumers looking for immediate refreshment. As consumer lifestyles continue to evolve towards convenience, the significance of convenience stores in the coffee beer market will continue to grow.

By Ingredient Type

Arabica Coffee :

Arabica coffee is widely recognized for its smooth and mild flavor profile, making it a popular choice for coffee beer production. The use of Arabica coffee contributes to the overall balance and complexity of the beer, allowing for a more refined taste experience. Brands that utilize Arabica coffee often emphasize the quality and sourcing of their coffee beans, appealing to consumers who value artisanal products. This ingredient type is particularly sought after in premium coffee beers that aim to showcase the nuances of the coffee without overshadowing the beer's inherent characteristics.

Robusta Coffee :

Robusta coffee, with its strong and bold flavor profile, plays a significant role in creating robust coffee beers with a pronounced coffee taste. The higher caffeine content in Robusta also adds an invigorating element to the beer, attracting consumers who seek a more intense drinking experience. This ingredient type is often used in darker beer styles, where the bold flavors can shine through and create a rich, layered taste. Robusta coffee is also generally more cost-effective, making it a popular choice among breweries looking to produce high-quality coffee beers at scale.

Cold Brew :

Cold brew is a popular method for infusing coffee flavors into beer, known for its smooth and mellow taste. The cold brewing process minimizes acidity, resulting in a coffee flavor that is less bitter and more approachable for a broader audience. This method has gained traction among craft breweries, as it allows for an innovative approach to coffee beer production. Cold brew coffee beers are often marketed as refreshing options, suitable for warmer weather and casual sipping, which appeals to consumers looking for something unique yet easy to enjoy.

Espresso :

Espresso, with its concentrated flavor and rich aroma, is often used in coffee beers to deliver a bold coffee punch. The brewing method of espresso allows for a quick extraction of flavors, providing a prominent coffee experience that can elevate the overall beer profile. Brands that incorporate espresso often highlight the intensity of the flavor, attracting consumers who appreciate strong coffee notes. This ingredient type is particularly effective in beer styles that benefit from a robust flavor, such as stouts and porters, where espresso can enhance the richness of the beer.

Coffee Beans :

Using whole coffee beans in coffee beer production allows for a nuanced and layered flavor profile that can vary based on the type of beans used. Brewers often experiment with different roast levels and bean origins to create a unique drinking experience. This method also allows for greater customization, as breweries can adjust the steeping time to achieve the desired intensity of coffee flavor. Coffee beans are often chosen based on the desired characteristics of the final product, making this ingredient type a versatile option for breweries looking to innovate.

By Region

The North American region holds a significant share of the global coffee beer market, driven by a strong craft beer culture and increasing consumer demand for innovative beverages. The region is expected to witness a CAGR of approximately 9.0% during the forecast period, highlighting the growing interest in unique flavor combinations among consumers. With a plethora of craft breweries experimenting with coffee-infused beer styles, North America is at the forefront of this beverage trend, resulting in a diverse and exciting product offering for consumers seeking new experiences.

Europe follows closely behind in the coffee beer market, characterized by a rich brewing tradition and increasing interest in specialty coffee beverages. European countries, particularly those with a strong craft beer movement like Germany, Belgium, and the UK, are experiencing a surge in coffee-infused beer offerings. The growing popularity of coffee beer in bars, restaurants, and retail outlets contributes to the region's market dynamics, providing opportunities for breweries to tap into this unique segment. As consumer preferences continue to evolve, Europe is anticipated to remain a key player in the coffee beer market landscape.

Opportunities

The coffee beer market presents numerous opportunities for growth as consumer preferences continue to evolve toward innovative and unique beverage options. One of the most significant opportunities lies in the potential for product diversification. Breweries can experiment with various coffee types, brewing methods, and beer styles to create limited-edition releases or seasonal offerings. This can entice consumers to explore new flavors and keep them engaged with the brand, ultimately driving sales. Additionally, the rise of health-conscious consumers presents an opportunity for breweries to innovate with lower-calorie or non-alcoholic coffee beers, catering to a broader audience that seeks guilt-free indulgence while enjoying their favorite flavors.

Moreover, the expansion of online retailing and e-commerce platforms provides a prime opportunity for coffee beer brands to reach a wider audience. With consumers increasingly relying on online shopping for convenience, breweries can establish their presence in the digital marketplace to promote their unique offerings. Collaborations with food delivery services can further enhance brand visibility and accessibility, as consumers seeking innovative beverage options can easily order coffee beers alongside their meals. Furthermore, the growing trend of craft beverage festivals and tasting events provides breweries with platforms to showcase their products, engage with consumers, and build community around coffee beer culture.

Threats

Despite the promising growth of the coffee beer market, several threats could hinder its progress. One significant threat is the increasing competition within the beverage industry, as both established and emerging brands vie for consumer attention. With the rise of craft breweries, the market is becoming saturated with various innovative beverages, making it challenging for new entrants to differentiate themselves and gain market share. Additionally, consumer preferences can shift rapidly, and if breweries do not stay attuned to evolving trends, they risk losing relevance in a highly dynamic market. The potential for negative perceptions regarding alcohol consumption and health concerns can also impact consumer behavior, leading to a decline in sales.

Another threat lies in the fluctuation of coffee prices, which can significantly impact production costs for breweries. With coffee being a key ingredient in coffee beers, any increase in sourcing costs may result in higher prices for consumers, potentially limiting market access. This price sensitivity can further exacerbate competition among breweries, creating pressure to balance quality, pricing, and profitability. Lastly, regulatory challenges and compliance requirements surrounding alcoholic beverages can pose additional barriers for breweries looking to innovate within the coffee beer segment, impacting their ability to effectively launch new products.

Competitor Outlook

• Stone Brewing Co.
• Dogfish Head Craft Brewery
• New Belgium Brewing Company
• Lagunitas Brewing Company
• Guinness Brewery
• Founders Brewing Co.
• Terre Haute Brewing Company
• Ballast Point Brewing Company
• Oskar Blues Brewery
• Brooklyn Brewery
• Revolution Brewing
• Deschutes Brewery
• Left Hand Brewing Company
• Sierra Nevada Brewing Co.
• SweetWater Brewing Company

The competitive landscape of the coffee beer market is characterized by a diverse array of breweries, ranging from established giants to innovative craft brewers. Major companies like Stone Brewing Co. and Dogfish Head Craft Brewery continue to lead the market by offering a wide range of coffee-infused beer options that cater to varying consumer preferences. These brands leverage their established reputations and extensive distribution networks to enhance their market presence while continuously innovating to keep their product offerings fresh and exciting. The craft beer movement has enabled smaller breweries to emerge, fostering a spirit of creativity and exploration as they experiment with different coffee beans and brewing techniques to create unique flavor profiles.

In this dynamic landscape, breweries are increasingly focusing on collaboration and partnerships to amplify their reach and visibility. Collaborations between coffee roasters and breweries are becoming more common, allowing for expertly sourced coffee beans to be integrated into beer production. Such partnerships not only enhance flavor quality but also create compelling marketing narratives that resonate with consumers. Additionally, the trend of cross-marketing through events, festivals, and tasting sessions has allowed breweries to connect with their audience more personally, encouraging brand loyalty and community engagement.

Key players in the coffee beer market, such as Founders Brewing Co. and Lagunitas Brewing Company, have successfully introduced innovative products that have garnered significant consumer interest. Founders Brewing Co. is known for its KBS (Kentucky Breakfast Stout), which features the rich flavors of coffee and chocolate, appealing to those who enjoy robust beer styles. On the other hand, Lagunitas Brewing Company has introduced a variety of coffee-infused beers, including their popular “Lagunitas Coffee Stout,” which taps into the growing trend of combining coffee and beer. These brands exemplify how creativity and strategic marketing can drive market growth and capture consumer attention in the competitive coffee beer landscape.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Brooklyn Brewery
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Guinness Brewery
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Deschutes Brewery
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Stone Brewing Co.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Revolution Brewing
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Oskar Blues Brewery
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Founders Brewing Co.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Lagunitas Brewing Company
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Left Hand Brewing Company
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Sierra Nevada Brewing Co.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Dogfish Head Craft Brewery
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 SweetWater Brewing Company
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 New Belgium Brewing Company
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Terre Haute Brewing Company
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Ballast Point Brewing Company
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Coffee Beer Market, By Application
    • 6.1.1 Bars & Pubs
    • 6.1.2 Restaurants
    • 6.1.3 Liquor Stores
    • 6.1.4 Online Retailers
    • 6.1.5 Supermarkets
  • 6.2 Coffee Beer Market, By Product Type
    • 6.2.1 Stout
    • 6.2.2 Porter
    • 6.2.3 Ale
    • 6.2.4 Lager
    • 6.2.5 Pilsner
  • 6.3 Coffee Beer Market, By Ingredient Type
    • 6.3.1 Arabica Coffee
    • 6.3.2 Robusta Coffee
    • 6.3.3 Cold Brew
    • 6.3.4 Espresso
    • 6.3.5 Coffee Beans
  • 6.4 Coffee Beer Market, By Distribution Channel
    • 6.4.1 On-trade
    • 6.4.2 Off-trade
    • 6.4.3 Direct Sales
    • 6.4.4 Specialty Stores
    • 6.4.5 Convenience Stores

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Coffee Beer Market by Region
  • 10.3 Asia Pacific - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 India
      • 10.3.1.2 China
      • 10.3.1.3 Japan
      • 10.3.1.4 South Korea
  • 10.4 Latin America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 Brazil
      • 10.4.1.2 Argentina
      • 10.4.1.3 Mexico
  • 10.5 North America - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 USA
      • 10.5.1.2 Canada
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Coffee Beer market is categorized based on

By Product Type

• Stout
• Porter
• Ale
• Lager
• Pilsner

By Application

• Bars & Pubs
• Restaurants
• Liquor Stores
• Online Retailers
• Supermarkets

By Distribution Channel

• On-trade
• Off-trade
• Direct Sales
• Specialty Stores
• Convenience Stores

By Ingredient Type

• Arabica Coffee
• Robusta Coffee
• Cold Brew
• Espresso
• Coffee Beans

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Stone Brewing Co.
• Dogfish Head Craft Brewery
• New Belgium Brewing Company
• Lagunitas Brewing Company
• Guinness Brewery
• Founders Brewing Co.
• Terre Haute Brewing Company
• Ballast Point Brewing Company
• Oskar Blues Brewery
• Brooklyn Brewery
• Revolution Brewing
• Deschutes Brewery
• Left Hand Brewing Company
• Sierra Nevada Brewing Co.
• SweetWater Brewing Company