Summary
Greggs, a well-known bakery chain, reports that popular weight loss drugs are causing people to seek smaller and healthier food portions, impacting their sales. In response, Greggs is introducing products that cater to these changing dietary preferences, such as smaller portions and items high in protein and fiber. Other companies like Tesco are also noticing shifts in consumer eating habits linked to these medications.
Key Facts
- Greggs reports that appetite-suppressing weight loss drugs are influencing customers to opt for smaller food portions.
- The bakery is introducing products with more protein and fiber to meet the demand for healthier options.
- Greggs has shifted focus from traditional high-fat pastries to healthier food items.
- The company has reported lower profits and a less optimistic forecast for next year.
- Tesco also observes changes in eating habits due to the rise of weight loss drugs, reporting stronger sales in fresh produce.
- There is a growing trend of companies adjusting product offerings to align with consumer interest in healthier foods.
- A UK ban on pre-9pm junk food ads aims to help combat obesity.
- The effects of "shrinkflation" mean some companies are reducing product sizes but keeping prices steady.
