March 29, 2o23 — Already facing numerous challenges, U.S. seafood sales are expected to be further dampened by a rollback of Supplemental Nutrition Assistance Program (SNAP) benefits.
Emergency SNAP funding provided during the height of the Covid-19 pandemic ended in March in most U.S. states.. The expiration of emergency allotments is estimated to be a USD 40 billion (EUR 37 billion) headwind, equating to around a 20 percent decline per beneficiary, according to a new Numerator report, “Helping SNAP Consumers During Economic Headwinds.”