Bud Light, once the reigning champion of American draft beers, continues to experience a decline in its market position.
According to a statement from Anheuser-Busch InBev, Bud Light has been surpassed by Michelob Ultra, also owned by the company, as the top draft beer in the United States. Anheuser-Busch also owns Corona, Budweiser, and Stella Artois, among other popular beer brands.