>I was wondering how you could get such a high impact overall. But it seems one in 6 households are on GLP-1 drugs in the US.
I had the same question and did some back of the envelope math. The data I have seen says the average American eats 400-700 excess daily calories, and 3600 daily calories total. That means 10-20% excess per person. If everyone started eating the right amount overnight, grocery spend would drop 10-20%.
But since it's 16% on these drugs, and figure since they are Losing Weight (not maintaining), safe to say those 16% of Americans are eating 20-30% less... 20-30% times 16% = 3-5% decrease in spend.
So it tracks, roughly. And we are not at the bottom yet.
I had the same question and did some back of the envelope math. The data I have seen says the average American eats 400-700 excess daily calories, and 3600 daily calories total. That means 10-20% excess per person. If everyone started eating the right amount overnight, grocery spend would drop 10-20%.
But since it's 16% on these drugs, and figure since they are Losing Weight (not maintaining), safe to say those 16% of Americans are eating 20-30% less... 20-30% times 16% = 3-5% decrease in spend.
So it tracks, roughly. And we are not at the bottom yet.