Jesse Newman’s Post

I'm highly skeptical of this excuse! Naming a scapegoat avoids admitting to investors that your 'shrinkflation' & price increases are reducing consumer interest. With diabetics in the family who use Ozempic to reduce insulin resistance, I can attest that it's not the Ozempic which has reduced snack purchases. ;) Rather than pondering a "potential side-effect", simply be honest about the *known* side-effect of 'shrinkflation' & price increases.

The Ozempic Impact: Concerns about companies’ growth prospects in the age of Ozempic are adding to worries over declining sales volumes. The S&P 500 Packaged Food & Meat sub-index has dropped 14% so far, this year.

We have been talking about #Ozempic's impact on the supplement industry, but very quickly we are seeing the other (bigger) shoe drop. Snacks and soda are already seeing impacts. With people eating less food while taking these drugs, certain categories are going to suffer while more functional, multipurpose categories will see gains. Another possibility is that people will just cut out certain categories from their routine purchases, without replacing those items with other categories. Walmart is apparently already seeing an impact: “We definitely do see a slight change compared to the total population, we do see a slight pullback in overall basket,” John Furner, the chief executive officer of Walmart’s sprawling US operation, said in an interview Wednesday. “Just less units, slightly less calories.” To be fair, units are down across most categories due to increased prices but it will be interesting to watch the continued impact as more people are using these drugs. #food #grocery #snacks https://lnkd.in/gFym5M5p

I really had to think about the implications this article raises. With the wider prescriptions being written for Ozempic, Mounjaro and Wegovy, drugs that are often prescribed for Type 2 diabetes treatment and sometimes for weight loss there is a concern by food manufacturers that consumers will eat less. An interesting thought and what does it mean for the food industry as a whole. Curious to see if it will accelerate the conversations on nutrient density, sustainability and overall food affordability. One interesting point that is raised is that snacking may be unimpacted as many consumers will require or continue to seek out smaller meals due to feeling fuller faster than in the past. Would love to read your thoughts. #sustainability #food #plantbased #ingredion #healthandwellness

Ozempic, Wegovy, Mounjaro... Have you thought about how this new class of drugs will impact the food & bev industry? While airlines can benefit from lighter passengers (United Airlines expects $80 MUSD savings in fuel), I'd definitely be shorting McDonalds and other fast food and junk snack food producers right now. And potentially alcohol producers and Coca-Cola. It will be rough but you know, a healthy valuation is simply a question of costs in, costs out. I mean, have they tried reducing their expenditures for six months under financial supervision? All they need is some willpower. They just have to try harder and track ALL their expenses. 😉 We have an obesity epidemic and these drugs work for 80% of people (when people can get them, or get them covered by their insurance, which is one hot mess right now). A GLP-1 inhibitor doesn't just drastically change the amount of calories consumed, it also changes what foods the patients prefer. From craving sugar, fat, salt in the quickest available form, most users develop a preference for vegetables, fruits, complex carbs and protein. Carbonated beverages give side effects. They stop random snacking. If you go for old favorites out of habit, the risk for really unpleasant side effects skyrockets. And guess what: a huge amount of people on these drugs stop or reduce their drinking. So what other industry will feel the burn? Alcohol. Beer and spirits probably first. This is a game changer. The target patients for the drugs are the target consumers for junk food. Let's see how quickly companies adapt. 👏 #ozempic #wegovy #foodcompanies #fastfoodbusiness

Four kinds of milk in my fridge. This is an old photo that I keep to half in jest remind myself and joke to others that this what being truly privileged looks like - overlapping choices of milk to cover my milk coffee needs 😅 But I think to a certain degree, it does extraploate lessons in particularly on the (re)insurance front - overlapping (re)insurance programmes. While there are drawbacks and considerations regarding by a single risk covered by multiple policies - you cannot deny overlapping insurance can: - provide diverse coverage including tailoring of the coverage - increase coverage limits - ensure continuity of coverage - potentially establish primary and excess coverage structure and many other benefits. So yes, always good to have options! Milk and (re)insurance! PS: I love my oat milk!

It's crucial to consider the long-term impact of health choices. As someone who's experienced the journey from pre-diabetic and obese to a healthier lifestyle, I believe in the power of conscious food decisions. The news about Ozempic and the rise in appetite suppressant use by 2024 is noteworthy, but it's essential to remember that quick fixes aren't sustainable. Our grocery stores are filled with ultra-processed, nutrient-lacking options that provide temporary fullness but not lasting health. Let's take this opportunity to understand how food truly affects our bodies. Most illnesses today are preventable, and by making mindful choices, we can lead healthier lives. #Diet #Ozempic #WeightLoss #Healthy https://on.wsj.com/3ZGIHYe

Do you know what separates fast food and food served in a restaurant? It’s QUALITY. Quality of product, service, and environment. I get it, PRICE IS IMPORTANT, but, if we don’t ask these critical questions first: 1. What are the benefits of the insurance? 2. What limitations are there? 3. How does this fit into my lifestyle/budget? We’ll miss out of beneficial areas to protect ourselves and loved ones. Medical bills don’t work on assumptions of what you thought your insurance was “supposed” to do. Plan with G today! #insurance #bahamas #bahamaslife

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Maintaining a balanced diet is essential for optimal health. With WPA Health Insurance, you can access nutritional support and resources to help you make healthy choices and live your best life. https://lnkd.in/eRSiJ-Kv #HealthyEating #WPAWellness