Current:Home > StocksNestle to launch food products that cater to Wegovy and Ozempic users -CapitalCourse
Nestle to launch food products that cater to Wegovy and Ozempic users
View
Date:2025-04-14 05:25:05
Nestle is launching a new line of high-fiber, protein-packed foods directed at the growing number of Americans on Wegovy or Ozempic, and others trying to lose weight.
Called Vital Pursuit foods, the products are "well-suited to support a balanced diet for anyone on a weight management journey" the Swiss food and beverage maker said Tuesday, but "are portion-aligned" for consumers taking GLP-1 medications, also known as semaglutides. Twelve newly designed food items — including whole grain bowls, sandwich melts and pizzas —
will hit select stores nationwide toward the end of this year, Nestle added.
"We know that every consumer on a health journey has individualized needs and considerations, and having options to support those needs will continue to play an important role," Tom Moe, president of Nestle USA Meals Division, said in a statement.
Nestle's move comes as GLP-1 medications are becoming more widely used for weight management and other newly discovered potential health benefits. Ozempic, Mounjaro, Wegovy and Zepbound were originally prescribed for managing Type 2 diabetes because they help regulate blood sugar. But the medications also send a signal to the brain that the stomach is full, which leads patients to eat less than they normally would have.
The drugs' effectiveness in reducing appetite has generated concern from food retailers including Conagra and Nestle, who fear the medications could take a bite out of their profits.
About 9 million prescriptions were written for GLP-1 medications in the fourth quarter of 2022, according to analytics firm Trilliant Health. GLP-1 users are expected to reach 30 million by 2030, according to JPMorgan, which predicts the semaglutide market will exceed $100 billion that same year. Morgan Stanley Research analysts estimate in a recent report that 24 million people, or 7% of the U.S. population, will be using the drugs by 2035.
As more Americans take GLP-1 medications, Nestle executives "see an opportunity to serve those consumers," Nestle North America CEO Steve Presley said in a statement Tuesday.
Other food producers see the same opportunity. Vegan meal delivery service Daily Harvest launched a GLP-1 medication friendly line of 15 foods in January that's $20 a day for a five-day meal plan. Abbott Laboratories also announced a protein-laden drink that can be used by consumers taking GLP-1.
Nestle, the parent company of DiGiorno pizza and Stouffer's frozen meals, said it will price each food item at $4.99 but retailers may change that figure. A new line of foods appears to be one of several steps Nestle is taking to capture the weight loss consumer.
Nestle CEO Mark Schneider said in an earnings briefing last year that the company is developing supplements to help people on GLP-1 medications get the vitamins and nutrients they might need when consuming fewer calories.
- In:
- Wegovy
- Ozempic
- Weight Loss
Khristopher J. Brooks is a reporter for CBS MoneyWatch. He previously worked as a reporter for the Omaha World-Herald, Newsday and the Florida Times-Union. His reporting primarily focuses on the U.S. housing market, the business of sports and bankruptcy.
TwitterveryGood! (5818)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- Running out of marijuana, Martha’s Vineyard and Nantucket get approval to ship it to the islands
- Celtics on the brink of an 18th title, can close out Mavericks in Game 4 of NBA Finals on Friday
- Trump offers CEOs a cut to corporate taxes. Biden’s team touts his support for global alliances
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Washington state’s Makah tribe clears major hurdle toward resuming traditional whale hunts
- Powerball winning numbers for June 12: Jackpot rises to $34 million after winner
- The Madewell x Lisa Says Gah Collab Delivers Your Next Vacation Wardrobe with Chic Euro Vibes
- The White House is cracking down on overdraft fees
- House committee approves bill that would prevent college athletes from being employees
Ranking
- What do we know about the mysterious drones reported flying over New Jersey?
- Former Illinois men's basketball star Terrence Shannon Jr. found not guilty in rape trial
- Spoilers! Does this big 'Bridgerton' twist signal queer romance to come?
- Ruing past boarding-school abuses, US Catholic bishops consider new outreach to Native Americans
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- QB Trevor Lawrence and the Jaguars agree to a 5-year, $275M contract extension, AP source says
- Watch this lost dog's joy at finally reuniting with his owner after two years
- Love Is Blind's Taylor Rue Suffers Pregnancy Loss With Boyfriend Cameron Shelton
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Last ship of famed Antarctic explorer Ernest Shackleton found off the coast of Canada
Caitlin Clark is tired, and for good reason. Breaking down WNBA's tough opening schedule.
Kel Mitchell Says Dan Schneider Once Brought Him Into a Closet, Yelled Wild Stuff During Argument
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Utah Hockey Club will be the name of the NHL team in Salt Lake City for its inaugural season
1 of 2 abducted Louisiana children is found dead in Mississippi after their mother is killed
Washington state’s Makah tribe clears major hurdle toward resuming traditional whale hunts