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Fed up with food price increase --- The snacking recession: Why Americans are buying fewer treats (www.axios.com)

submitted 4 months ago by ByteOnBikes@slrpnk.net to c/anticonsumption@slrpnk.net

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Americans are snacking less — and that's a problem for the packaged food industry.

Why it matters: After years of inflation, consumers are recoiling, fed up with food price increases and suddenly immersed in economic uncertainty.

Driving the news: General Mills on Wednesday became the latest food giant to sound the alarm about what CEO Jeff Harmening called a "slowdown in snacking."

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[–] Beastimus@slrpnk.net 4 points 4 months ago

Good, packaged snacks like this probably need to be a thing we increasingly cut out (in much higher percents than this.)