A new survey shows one in eight pub owners in Scotland think GLP-1 weight-loss drugs have impacted their business.

The Scottish Licensed Trade Association (SLTA) has released its Summer On-Trade Market Insight Report, highlighting the continued challenges facing Scotland’s pubs, bars and licensed hospitality venues in the light of continuing rising costs, and a lack of business and consumer confidence.

The survey’s responses represent more 300 pubs, bars, restaurants and hotels, providing key insights into the continued challenges facing hospitality.

According to respondents, weight-loss drugs are having a significant impact, with 16% of operators believing they are resulting in fewer visits. Additionally, 22% stated their customers were more discerning with their purchases as a result of these drugs.

SLTA managing director Colin Wilkinson said: “The World Cup provided a brief sales boost, but the broader economic  outlook remains challenging. Members report weak consumer confidence as global events prolong economic uncertainty.

“A new trend has also emerged with 16% of respondents saying visits have declined because of the weight-loss drugs phenomenon.”

The results follow a pill version of GLP-1 drug Wegovy going on sale in the UK in July. Within three weeks of its launch, approximately 300,000 people were taking the pill. Wegovy owner Novo Nordisk estimates the new release grew the total market for GLP-1 drugs by 20%.

GLP-1 pills on the way for Australia

Oral GLP-1 drugs are expected to go on sale in Australia next year, with upheaval predicted for the hospitality, drinks and supermarket industry.

Jarden retail analyst Ben Gilbert reports about 800,000 Australians are already using GLP-1 drugs. He estimates Australia’s current adult penetration for GLP-1 drugs is about 4.2% and he predicts that figure could rise to 12.5% by 2030.

Coles confirmed earlier this year GLP-1 weight-loss drugs such as Ozempic are impacting sales at both its supermarkets and liquor stores, as GLP-1 users generally drink less alcohol in addition to consuming less food.