Earlier quoted context omitted.
>I was wondering how you could get such a high impact overall. But it seems one in 6 households are on GLP-1 drugs in the US. I had the same question and did some back of the envelope math. The data I have seen says the average American eats 400-700 excess daily calories, and 3600 daily calories total. That means 10-20% excess per person. If everyone started eating the right amount overnight, grocery spend would drop…
These calorie numbers don't make much sense to me. The typical recommendation for how much a man should eat is 2000-2800 Cal/day, and for the average woman that is 1600-2200 Cal/day, depending on age and exercise levels [0]. So if it were true that the average American ate 3600 Cal/day, they would be eating 800-2000 excess Cal, not 400-700. Even if we assumed that average food cost/Cal is a meaningful concept, the re…
Whatever the figures are, what's interesting to me is the growing secular impact on an entire sector of the economy (the most stable and inelastic sector). If eating right means spending 5% less, extrapolating that across the entire sector, not just for the 16% using GLPs today, could be catastrophic
I suspect ultimately though supply will meet demand and prices may even rise for the food people are still eating