Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

SNAP food purchase limits in 23 states may cut $830M in sales, prompting food firms to reformulate products.

Market News
20 Jun 2026
CNBC
View Source
Bearish
pluang ai news

Restrictions on SNAP benefits in 23 states now limit purchases of sugary drinks and candy, potentially reducing food and beverage sales by up to $830 million this year. Major companies like Hershey, PepsiCo, Coca-Cola, and Kraft Heinz are monitoring changes in shopper behavior and adjusting product lines, including removing artificial dyes, to adapt to the new rules. The movement, supported by laws like Iowa's MAHA initiative, aims to promote healthier food choices for low-income families. As these policies expand, food manufacturers are accelerating reformulations and preparing for shifts in consumer demand amid ongoing SNAP eligibility changes and broader health-focused regulations.

More News (HSY)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App