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When in search of GLP-1-linked shares to purchase, buyers are likely to gravitate in the direction of Novo Nordisk and Eli Lilly. That’s as a result of these two firms really make the 2 hottest weight-loss medication immediately — Wegovy and Mounjaro, respectively.
As the price of these remedies falls and every day tablet variations are launched, adoption is ready to soar. Certainly, JP Morgan says over 30m People may very well be taking them by 2030, up from 6.8m in 2024.
Supply: JP Morgan
Within the UK, greater than 1.6m adults are already utilizing GLP-1s. However the complete addressable market is far bigger (3.4m deliberate customers by the NHS alone by 2036). Roughly two-thirds of UK adults are classed as obese.
There are just a few companies that I consider may see an incremental gross sales enhance attributable to this highly effective long-term development, together with Subsequent (tens of millions will want new, smaller-sized garments). With this in thoughts, listed here are two UK shares to take a look at.
Health
Final yr, income elevated 8% to £245m, with like-for-likes income rising 3%. Common income per member monthly rose 4% to £21.60, displaying a capability to nudge up costs with out inflicting a mass exodus of members.
Adjusted pre-tax revenue surged by 194% to £10.6m. In the meantime, the health agency generated £38.3m in free money stream, which funded all 16 new website openings in 2025. With rates of interest presumably rising once more, I like this self-funded progress.
Competitors provides danger, as would a rise in electrical energy costs as a result of Iran struggle. However the group has simply introduced a £10m share buyback, and is concentrating on one other 20 new website openings in 2026 (and 75 over three years). So I feel the positives might outweigh the negatives.
It’s value mentioning that energy coaching protects in opposition to the lack of muscle mass. Medical doctors are prescribing such coaching and high-protein diets to GLP-1 customers to stop muscle wastage.
Lastly, analysis group Mintel discovered over half of 18–24-year-olds hit the gymnasium greater than as soon as within the month to July 2025, versus 42% who went to the pub.
Vitamin and dietary supplements
Many gymnasium goers clearly use sports activities vitamin merchandise and well being dietary supplements. So a progress firm from the FTSE 250 value assessing is Utilized Vitamin (LSE:APN).
What I like about this bold agency is its international attain (it operates in over 85 nations). Within the US, for instance, its ABE (All Black All the things) pre‑exercise drinks vary is in Walmart shops.
Within the UK, its merchandise are in Tesco, Asda, and Holland & Barrett (the place it sells a preferred Coleen Rooney co-branded well being & magnificence vary).
Supply: Utilized Vitamin
For the present fiscal yr (ending July), income is anticipated to leap round 30% to £140m, alongside sturdy margins. This is able to mark an acceleration from final yr.
One danger right here is rising value inflation for components, with whey costs spiking just lately attributable to surging protein demand. Whereas not very best particularly for its whey protein merchandise (a couple of fifth of gross sales), uncooked supplies outdoors of this ingredient aren’t unstable.
Apparently, Morrisons is to launch 53 Utilized Vitamin-branded meals merchandise, together with high-protein snacks and GLP-1 pleasant prepared meals. The inventory is buying and selling at simply 17.7 instances fiscal 27’s forecast earnings.
