A four-hundred-plus drop in spending per household versus non-users is bigger than I expected. Does that figure cover alcohol and cigarettes too? Glad more people are finding these drugs, getting healthier, and cutting costs at the same time. Crisps and chocolates took the biggest hit, while oral-care items rose because of side effects like bad breath. I had not heard bad breath was common. Odd they left out any rise in laxative sales.
I figure the figures might line up the same way across North America, or perhaps even stronger there. Folks are just taking in fewer meals and bites overall, which leads to major declines in earnings for food companies. The situation could keep sliding downward once additional individuals turn to those GLP treatments. An uptick in slimming shots is already affecting grocery chain results, signaling the start of a market built around smaller appetites as shoppers lose weight.