Ozempic is changing the way people eat. Snack companies are paying close

By Finance News On Jul 4, 2024

Raegan Sather says her appetite has completely changed — and so has her approach to grocery shopping — since she started taking the weight-loss drug Ozempic two years ago.

Sather, a marketing professional in Edmonton, buys fresh produce, fresh meat and high-protein foods to supplement the popular medication. But the biggest change is that she now skips right past the snack aisle.

The drug “completely eliminated any snacking,” said Sather — doing away with her previous evening habit of eating popcorn, for instance. “I had dinner and that was it.”

With a growing number of North American adults using Ozempic and other popular, injectable drugs like Wegovy, Mounjaro and Zepbound for weight loss, food companies are carefully watching to see how the craze is impacting their bottom line — and cooking up ways to market their products toward people on those medications.

Nestle has launched a line of prepared meals aimed at patients taking GLP-1 drugs (the drug class to which Ozempic and Wegovy belong), while executives at yogurt company Danone and beverage giant Coca-Cola have touted high-protein, low-sugar products, also to appeal to GLP-1 users.

Whether the strategy will work is another story. Even if you’re using a weight-loss drug, “it’s still up to you on how you are going to manage your dietary responses,” said Sather.

Nestle is launching a line of products in the U.S. that it says are meant to be a ‘companion’ for people taking such medication or otherwise trying to manage their weight. (Denis Balibouse/Reuters)

Between 900,000 and 1.4 million Canadians are currently using a GLP-1 drug, according to a December survey from Dalhousie University. The survey had a total of 8,662 respondents, with a margin of error of 1.84 per cent.

Meanwhile, a Gallup research poll found that 15.5 million American adults had used injectable weight-loss drugs while another report anticipated that nine per cent of American adults will be taking a GLP-1 drug by 2030.

LISTEN | This doctor helped create Ozempic. He has concerns:

The Current16:26Ozempic ’s possibilities — and the unintended consequences

Dr. Daniel Drucker’s research helped create the diabetes drug Ozempic, a medication that has become popular because of its off-label use for weight loss. He speaks with host Matt Galloway about the drug’s future and concerns about its popularity in celebrity culture.

Changing consumer habits

There’s always a core 15 to 20 per cent of the population that will jump on a new diet craze, says Robert Carter, a food industry analyst and managing partner at Stratton-Hunter Group.

Food companies like Nestle and Coca-Cola are “always in tune with how these different changes are affecting consumer purchase habits overall,” he said. But this is no South Beach or Atkins diet.

“These drugs really suppress appetite [and] food cravings. So this is resulting in an overall decrease in food consumption,” he said.

A woman in a pink suit jacket is shown seated in a cafe. — Raegan Sather, a marketing professional in Edmonton,…