Constellation Brands, which distributes beers including Modelo, Corona and Pacifico, has surfed a wave of spending by Hispanic customers in recent years.

Cans of Modelo Especial beer are shown at a supermarket in New York on Wednesday, June 14, 2023. After more than two decades as America’s best-selling beer, Bud Light slipped into second place.

As Beverage Industry reports, 0% beer is predicted to continue growing by double digits this year, so it comes as no surprise that Modelo—which overtook Bud Light as the U.S.’s leading beer in ...