Stryve Business Combination with Andina Acquisition Corp. III slide image

Stryve Business Combination with Andina Acquisition Corp. III

Healthy Snacking is Accelerating The global health crisis has accelerated the movement towards functional and nutritious snacking Snacks Consumed Daily Do not snack 1-2 ■3+ Search for Healthy Salty Snacks Stryve 20% 42% I wish there more healthier options 47% 2010 2015 2019 Nutritional information impacts my choice The ingredients listed impact my choice 54% 51% 64% 47% of consumers want snacks low in sugar +5% increase in low-sugar snack products YoY 39% of consumers look for natural or organic products 44% of consumers eat snacks instead of meals 7 out of 10 find better-for-you snacks appealing 40% of consumers believe snacks are part of a healthy diet 40% of consumers say that attributes like "unprocessed" and "natural" are important when selecting a snack 64% of consumers want to see more better-for-you snacks on restaurant menus Sources: IRI 2019 Snacking Survey, IRI 52 weeks ending 12/29/19 v. Year Ago, Lightspeed/Mintel Consumer Survey - Salty Snacks - January 2019, IRI TSV Model, and The J.M. Smucker Co. 11
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