GLP‑1 Pills Reduce Snacking Less Than Injections, Bloomberg Intelligence Finds

Key Financial Takeaways

  • 74% of pill users cut salty snacks versus 80% of injection users.
  • 76% of pill users reduced baked goods compared with 82% of injection users.
  • Only 39% of pill takers lowered snacking to once a day, versus 49% of injection users.
  • By 2030, about 19% of the U.S. population is projected to be on a GLP‑1 drug, up from 7.5% today.
  • Food companies such as Mondelez, Hershey, Kraft Heinz and General Mills are monitoring the trend, while PepsiCo has introduced high‑protein snack variants.

💡 Why It Matters

The study highlights how the mode of GLP‑1 delivery influences consumer eating patterns, which in turn can affect the sales of snack and confectionery products. With a projected jump in GLP‑1 use, food companies must anticipate shifts in demand and adjust their portfolios accordingly.

GLP‑1 pills curb snacking less than injections

Bloomberg Intelligence’s latest survey of 1,001 U.S. adults reveals a clear difference between oral and injectable GLP‑1 weight‑loss medications. While both forms help users reduce snacking, the pill shows a smaller impact across several categories.

### Snacking habits

- **Salty snacks**: 74 % of pill users reported eating fewer salty snacks, compared with 80 % of injection users. - **Baked goods**: 76 % of pill users cut back on baked goods, versus 82 % of those on injections. - **Other treats**: Similar patterns emerged for confections, shelf‑stable foods and soups.

### Frequency of snacking

Among respondents who normally ate three snacks a day before starting a GLP‑1, 49 % of injection users reduced their snacking to once a day, while only 39 % of pill users achieved the same.

### Fruit and vegetable intake

Injection users also increased their consumption of fruits and vegetables more than pill users, according to the survey.

Implications for the food industry

Food giants such as Mondelez, Hershey, Kraft Heinz and General Mills have expressed concern that GLP‑1 users cut back most sharply on candy, baked goods and salty snacks. Bloomberg Intelligence analysts Jennifer Bartashus and Keana Bloomfield noted that the rise in pill use could soften the negative impact on product sales, as pills are easier to take and may attract a broader customer base.

Companies are already adapting. PepsiCo, for example, now offers high‑protein Doritos and Smartfood FiberPop popcorn to appeal to health‑conscious consumers. Executives also point to data showing that many GLP‑1 users revert to previous eating habits once they stop the medication.

Future outlook

The BI report projects that GLP‑1 prescriptions will grow sharply, with more than 19 % of the U.S. population expected to be on a GLP‑1 drug by 2030, up from roughly 7.5 % this year. As adoption rises, the overall impact on food sales will likely increase, though the mix of pill versus injection use may temper the severity.

What to watch

- Continued growth in GLP‑1 pill prescriptions and its effect on snack‑food demand. - New product launches from major food companies that cater to lower‑calorie, higher‑protein preferences. - Market data on whether GLP‑1 users maintain reduced consumption after discontinuing the medication.

Bottom line

GLP‑1 pills are a convenient alternative to injections but appear slightly less effective at curbing snacking. As the market for these drugs expands, snack‑food makers will need to innovate and diversify their product lines to mitigate potential sales declines.

🏛️ Background & Context

GLP‑1 (glucagon‑like peptide‑1) drugs are a class of medications originally developed for type‑2 diabetes that have gained popularity for weight loss. The first GLP‑1 drugs were injectable, but newer oral formulations have entered the market, offering a more convenient option for patients.

👁️ What To Watch Next

Industry analysts will monitor the adoption rate of GLP‑1 pills versus injections, changes in consumer snacking habits, and how snack‑food manufacturers respond with product innovation. Regulatory approvals and pricing strategies could also influence market dynamics.

Source Attribution:
  • Bloomberg Intelligence