Anheuser-Busch is the largest brewing company in the United States, with a market share of 34% percent in 2023. A wholly owned subsidiary of Anheuser-Busch InBev SA/NV, Anheuser-Busch operates 12 breweries in the United States and nearly 20 in other countries, which increased after Anheuser-Busch InBev SA/NV acquired SABMiller in 2016. Brands include Budweiser, Busch, Michelob, Bud Light, and Natural Light. As of September 2025, Michelob Ultra is the top-selling beer in America.