The rising use in the US of so-called GLP-1 drugs to suppress appetite and, as a consequence, lose weight, is causing some concern among investors in food and drinks companies, including in beverage alcohol groups.
Are GLP-1 drugs for weight loss a threat to the alcohol industry?
The number of monthly doses being administered in the US of drugs like Ozempic “are now at around 11m and rising”, AllianceBernstein says.