As Ozempic becomes more popular, U.S. food producers are worried that consumers may be cutting back on loading the shopping cart with junk food.
Can Ozempic save us from the perils of obesity? It turns out that the drug, first developed to treat diabetes, has become a high-profile appetite killer. Ozempic and similar drugs are skyrocketing in popularity, thanks to their ability to help take off those dreaded pounds. Another delicious fringe benefit: The nation’s leading producers and sellers of food, especially of the junk variety, are worried that consumers may be cutting back on loading up the shopping cart.
Citing data from market research firm Trilliant Health, Bloomberg reports that “Walmart sells GLP-1 drugs, a category that includes Ozempic, through its pharmacies. In August, it said they were giving the retailer a revenue boost. U.S. sales for those medicines increased 300% between 2020 and 2022.” A boost in some ways, but food producers and sellers are worried.
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