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Price hikes pushed snack sales up 15.6% in 2022 as volumes declined, report says



Snacking continues to resonate with consumers, making up 27% of all food and beverage sales in the U.S., according to SNAC International’s 2023 State of the Industry Report. Sales of salty snacks in 2022 grew to about $28.4 billion, an increase of 15.6% from the prior year. But volumes of snacks sold decreased 0.9% in the year.

Source: FoodDive



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