The source added the following information: "We applied a general estimate of reduced spending using average food spend by income level and taking into account anticipated inflation looking ahead 10 years. Using our experience in the food and beverage industry and a conservative approach to projections, we developed the following potential scenarios of the impact of GLP-1 on consumer spending"
Citation formats
Projected food and drink spending reduction with GLP-1 use in U.S. 2024-2034
It was estimated that food and beverage spending in the United States could decrease by around ** billion U.S. dollars between 2024 and 2034 due to a base-case scenario of future GLP-1 usage. In a more extreme case with higher uptake of the medication, spending was estimated to drop by ** billion U.S. dollars.
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KPMG US. (December 30, 2024). Estimated reduction in food and beverage spending due to GLP-1 usage in the United States between 2024 and 2034 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 24, 2026, from /statistics/1624829/projected-food-spending-reduction-with-glp-1-use-us/
KPMG US. "Estimated reduction in food and beverage spending due to GLP-1 usage in the United States between 2024 and 2034." Chart. December 30, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 24, 2026. /statistics/1624829/projected-food-spending-reduction-with-glp-1-use-us/
KPMG US. (2024). Estimated reduction in food and beverage spending due to GLP-1 usage in the United States between 2024 and 2034. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 24, 2026. /statistics/1624829/projected-food-spending-reduction-with-glp-1-use-us/
KPMG US. "Estimated Reduction in Food and Beverage Spending Due to Glp-1 Usage in The United States between 2024 and 2034." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 30 Dec 2024, /statistics/1624829/projected-food-spending-reduction-with-glp-1-use-us/
KPMG US, Estimated reduction in food and beverage spending due to GLP-1 usage in the United States between 2024 and 2034 ÌÇÐÄÆƽâ°æ, /statistics/1624829/projected-food-spending-reduction-with-glp-1-use-us/ (last visited July 24, 2026)
Estimated reduction in food and beverage spending due to GLP-1 usage in the United States between 2024 and 2034 [Graph], KPMG US, December 30, 2024. [Online]. Available: /statistics/1624829/projected-food-spending-reduction-with-glp-1-use-us/
