(NewsNation) — With household budgets shrinking, snacks are not making the cut as much as they used to.

Consumers are not purchasing cookies, chips and chocolate like they once did due to increasing financial constraints.

“People are buying more on essentials rather than things that they don’t need,” shopping expert Trae Bodge told NewsNation.

Financial stresses are putting pressure on the bottom line, and snack companies report sales are down.

Campbell’s, J.M. Smucker and General Mills all report declines in sales anywhere between 3 and 7%, respectively.

Snacks account for approximately 4% of the increase consumers see on their grocery bills, which is up around 30% overall.

“Consumers are more open to making changes to shopping habits because of this financial stress that they are feeling,” Bodge added.

More than snack companies are hurting. Walmart and Dollar General both say their sales are down. To add insult to injury, package sizes are going down, colloquially known as “shrinkflation.”

“When you’re looking at your Oreos package, and it was this big, and now it is this big, twice as much as before, that is really hard for a consumer on a budget,” Bodge said.