"Weight-loss Medications' Impact on Consumer Spending and Industry Adaptation"
Originally Published 1 year ago — by Seeking Alpha
A survey by Morgan Stanley indicates that households with members using major weight-loss drugs like GLP-1s are spending less on groceries, with a 6% to 9% decrease in monthly grocery spending compared to non-users. The most negatively impacted categories for spending include snacks, pastries, and ice cream, while yogurt, fish, and vegetable snacks are positively impacted. This trend is attributed to reduced consumption of less healthy categories when taking GLP-1 drugs, leading to decreased grocery bills for these households.
