Diet changes linked to GLP-1 drug use could mean up to $12 billion in snack sales lost over the next decade, according to EY-Parthenon estimates.
Peter ter Kulve, CEO of Magnum Ice Cream, said GLP-1 users continue to eat treats, but they exhibit “a stark reduction of mindless munching and binge eating.”
Coca-Cola’s incoming top boss urged faster innovation on his first analyst call as CEO-elect last week…
Kraft Heinz’s new chief halted a planned split of the company and instead announced $600 million in investments this year to revive long-neglected staples such as its meat and cold cuts business Oscar Mayer.
All for the threat of $1.2b of potential lost revenue per year over a decade.
Dystopian AF.
All for the threat of $1.2b of potential lost revenue per year over a decade.
did you think they cared about something else besides money? like people?