Nestlé Develops Supplements to Pair with Popular Weight-Loss Drugs as Food Companies Monitor Falling Demand

Nestlé is developing products like supplements to accompany weight-loss drugs like Ozempic and Wegovy. These could help with nutrient intake and prevent muscle loss.

The CEO said most of Nestlé's portfolio won't be affected, but they are monitoring if demand drops for some food products.

Weight-loss drugs like Ozempic are hugely popular, making manufacturer Novo Nordisk the most valuable European company.

These drugs work by suppressing appetite. Analysts warn this could hurt food, fitness and other industries.

Walmart has seen a slight drop in basket sizes, likely due to the drugs' appetite suppressing effects. Other food companies are concerned.