On the Record · Anheuser-Busch InBev
Anheuser-Busch InBev competitors, on the record
The companies Anheuser-Busch InBev names as competitors in its annual reports, 2023 to 2025, and the companies that name Anheuser-Busch InBev, each with the sentence and the filing.
Who Anheuser-Busch InBev names
| Company | Named in |
|---|---|
| Carlsberg | 2025 |
| China Resources | 2025 |
| Heineken | 2025 |
In its own words
Carlsberg, China Resources, Heineken
Word for word“We believe our largest competitors are Heineken, China Resources, and Carlsberg based on information from IWSR as of January 2026.” 20-F for 2025
Who names Anheuser-Busch InBev
Companies whose own annual reports name Anheuser-Busch InBev as a competitor.
Word for word“Other significant competitors include, but are not limited to, Nestlé S.A., Keurig Dr Pepper Inc., Danone S.A., Suntory Beverage & Food Limited, Anheuser-Busch InBev, Kirin Holdings, Heineken N.V., Diageo plc and Red Bull GmbH.” 10-K for 2025
Word for word“Our principal competitors include: Beer Anheuser-Busch InBev, The Boston Beer Company, Heineken, Mark Anthony, Molson Coors Wine Deutsch Family Wine & Spirits, Duckhorn Portfolio, GALLO, Treasury Wine Estates, The Wine Group, Wagner Family of Wine Spirits Bacardi USA, Brown-Forman, Diageo, GALLO, Heaven Hill, Pernod Ricard, Proximo, Sazerac Company, Suntory Global Spirits” 10-K for 2026
Word for word“In the U.S. and Canada, we compete most directly with Anheuser-Busch InBev SA/NV ("ABI") and Constellation Brands, Inc., but we also compete with imports and other providers of craft beer and flavored malt beverages.” 10-K for 2025
Read from Anheuser-Busch InBev’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-03-03. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.