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SNAXPO 2010: State of the Snack Food Industry
During the recent Snaxpo 2010, Sally Lyons Wyatt of presented the State of the Snack Food Industry report.
Budget-focused consumers, some 84% of which grocery shop with a list, are increasingly turning to snack foods to help them stay well (83%).
Currently, 40% of consumers are seeking to purchase snack foods that offer attributes beyond basic nutrition. Overall, 81% hope to avoid costly medical bills by eating foods that are healthful, about 65% are eating specific foods to lose weight and 61% are eating to manage a specific health condition. About 74% of consumers are trying to eat healthier.
Although health is a rising priority for the snack food consumer, price remains paramount. About 80% of consumers look for the best value while purchasing snacks, and 26% are seeking to make snack food purchases last longer.
Approximately 31% of consumers are snacking less often.
Nearly 42% are reducing the amount of money they spend on snacks and 22% eliminated unplanned snack purchases.
Budget-focused consumers, some 84% of which grocery shop with a list, are increasingly turning to snack foods to help them stay well (83%).
Currently, 40% of consumers are seeking to purchase snack foods that offer attributes beyond basic nutrition. Overall, 81% hope to avoid costly medical bills by eating foods that are healthful, about 65% are eating specific foods to lose weight and 61% are eating to manage a specific health condition. About 74% of consumers are trying to eat healthier.
Although health is a rising priority for the snack food consumer, price remains paramount. About 80% of consumers look for the best value while purchasing snacks, and 26% are seeking to make snack food purchases last longer.
Approximately 31% of consumers are snacking less often.
Nearly 42% are reducing the amount of money they spend on snacks and 22% eliminated unplanned snack purchases.
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