Anheuser-Busch's core beer volumes decline, but Beyond Beer portfolio sees double-digit growth.

Anheuser-Busch InBev's core beer volumes declined modestly in 2025, while its Beyond Beer portfolio, which includes spirits-based RTDs, seltzers, canned cocktails, and non-alcoholic beer, grew at a double-digit pace. This shift towards non-beer products highlights the company's efforts to diversify its offerings and adapt to changing consumer preferences.