Just came across this post in linkedin where this person is telling us how GLP - 1 drugs are causing people to buy less food and in turn generate less revenue for big food companies like Nestlé and Kraft Heinz.
Their solution will therefore be premiumising of food such that even though they sell less in volume, they sell it at higher prices, maintaining bottom lines. This is also called shrink to grow strategy that has been popular in CPG industry last few years (think how dishwasher detergent powder vanished from shelves and got replaced by more expensive pods)
And everyone, not just GLP-1 users will pay for this premiumisation. Your food prices are about to get worse.
I’m sick and disgusted of some people trying to wrench more and more Money Off people. The Shift from taking the products to them and now basically making people the product or ressource Runs real fast.
Screw them. But yeah. What you’re gonna do about it in the end.