Retail & Foodservice Opportunities in America Examined in New Up-to-Date Packaged Facts Report Available at MarketPublishers.com
07 Aug 2012 • by Natalie Aster
LONDON – Today food industry players have opportunities to target a wide variety of consumers whose choices often revolve among three key priorities: health, convenience, and variety.
Food spending, whether at home or at restaurants, has been driven by the youngest and the oldest adult brackets. Seniors are spending somewhat more on both food at home and food away from home than they did in 2007, while younger adult consumers are spending a great deal more on food at home (20%) and food away from home (23%). Spending growth among younger adults is driven by population increases, whereas spending increases among older consumers suggest a lifestyle change—not coincidentally, 2011 marks the first year that Baby Boomers have reached the age of 65. These consumers bring with them not only household wealth accrued over time, but also restaurant engagement levels greater than that of earlier generations, driving spending growth.
New report "How We Eat: Retail and Foodservice Opportunities in When and Where America Eats" elaborated by Packaged Facts examines modern mealtime habits and how these three core food priorities combine into a variety of trends that will continue to influence the food and beverage landscape into the foreseeable future.
How We Eat: Retail and Foodservice Opportunities in When and Where America Eats
Published: July, 2012
Price: US$ 3.500,00
More new market research reports by the publisher can be found at Packaged Facts page.