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Ozempic will disrupt big tobacco, candy companies, and alcohol brands
Are GLP-1 drugs the first real threat to the hyper-processed food and alcohol industries?
Analysts at the bank have previously cautioned that the growing use of GLP-1s will put some longterm pressure on fast food sales, as users have reported spending less money at restaurants… The findings add to the mounting concerns that soaring demand for GLP-1s could take a bite out of the bottom lines of some of the biggest restaurant companies and makers of packaged snacks like Doritos, Oreos and Hershey’s Kisses. “There is growing evidence that the drugs have a meaningful impact on consumer behavior and spending on groceries and restaurants,” Morgan Stanley analysts said in the survey.
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