Grocery spending dropped by 5.5% within 6 months of starting the weight-loss drugs.
It’s no secret that weight loss drugs have exploded in popularity over the last two years, with about 12% of American adults reporting that they’ve used a medication like Ozempic, Wegovy or Mounjaro to slim down. That’s a big portion of the population — and new research shows that being on these medications influences what people spend their money on.
One study, a joint effort by researchers from Cornell University’s SC Johnson College of Business, analyzed food-spending data from people who used GLP-1 receptor agonist medications like Ozempic and Wegovy. The researchers discovered that households with at least one member on these medications had a drop in grocery spending by 5.5% within six months of starting the drug. The effect was even bigger in higher-income households, where spending plummeted by 8.6%.
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