Anheuser-Busch InBev SA/NV (BUD) and Ambev S.A. (ABEV) sell beer and other alcoholic beverages internationally. Based in Belgium, BUD engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands. In comparison, ABEV is a Brazilian brewing company that produces, distributes, and sells beer, draft beer, carbonated soft drinks (CSD), other non-alcoholic beverages, malt, and food products in the Americas.
Most brewing companies shifted to online platforms to stay afloat amid the pandemic-led remote lifestyle. This has helped them expand their market reach and customer base. Moreover, the introduction of richness in flavor should bode well for many brewers. The global beer market is expected to grow at a 4.2% CAGR to reach $962.39 billion by 2026.
