Title: Food Consumption:
1(No Transcript)
2Food Consumption Enduring Trends .
3 .
Convenience Make it for me Make it fast Make
it easy to buy Make it easy to eat
4Make It For me - Evidence .
- 67 eat main meal out at least once a week
- (218 meals/capita/year eaten out)
- Food Dollar on Food-Away-From-Home 46
- --Burgers have 35 of the market share of food
types
- Take out food growing
- (50 go home, 20 eaten in a car)
- 31 use it at least once
a week 12 never
Sloan 9/2002
FMI-Trends 2001
5 Source of Take-out Foods 2001 .
None/DN
Fast-food place
Other
Deli/Pizza
Supermarkets
Restaurants
FMI-Trends 2001
6Make it at Home Average Time in the Kitchen
-2004 .
- 10-20 Min. 13.2
- 20-30 Min. 26.8
- 30-45 Min. 28.0
- 45 Min 29.3
USA Today Impulse Research Corp for Arm and
Hammer Baking Soda 2004
7 .
Keep it Simple
48 report making something from scratch at least
3 times a week --but --
41 use shortcuts like bagged salads 45 boxed
or frozen meals 38 heat and eat foods
8 .
Time constraint
- Americans work more hours
- More than other countries
- USA 1877 hr/yr (avg.)
- Japan 1840
- U.K. 1708
- Italy 1634
- More than in 1990
- 36 hr/yr by 1999 to
- 1,979 (38 hr/wk)
9 Shopping Less? .
- Shoppers make 1.8 trips to main grocery
- store per week - down from 2.3 in 1991
- 12 report using on-line, Internet grocer
FMI-Trends 2001
10PACKAGING - PRECOOKED
MICROWAVABLE
Easy Open
No Dishes Required
Ready to Eat/Heat
Single serving
11Self-Treatment And Whole Health
Let food be your medicine and medicine be
your food Hippocrates
12- Epidemic of Overweight and Obesity
- We have been set up for this to happen
- We lead more sedentary lives
- We think bigger is better
- Food is ubiquitous and cheap
- We feel guilty when we dont clean our plates
- We were misled about the value of low-fat (and
low-carb) foods -
13 Top 5 Health Concerns in
1999 Eyesight - 85 Cancer - 81 Energy - 75
/ Heart Health - 75 Joint Pain - 73 /
Cholesterol - 73 Source Sloan Trends and
Solutions, Inc. Food Industry Report, 8/2/99
14Functional Foods
Pharma Foods Designer Foods Mood Foods Optimum
Foods Bio-tech (GMO) foods?
15Functional Foods
- A food or beverage that imparts a physiological
benefit that enhances overall health, helps
prevent or treat a disease/condition or improves
physical or mental performance via an added
functional ingredient, processing modification,
or biotechnology. - (Main customers those over age 55)
- Sloan, 2000
16ORGANIC FOODS
Why consumers buy organic foods
- Environmentally Friendly 55
- Sustainable Agriculture 48
- Partners with Small Farmers 46
- Not Genetically Modified 47
Sloan, Food Technology, 1/2001
17ORGANIC FOODS
- Growth in organic foods sales growing 22.7 /
year VS. growth in mass market foods 3-5 /
year. - 2000 sales of 7.8 Billion (
- 40 for produce
- 20 for packaged grocery/dairy
- 2004 sales of natural foods 11B.
- Sloan, Food Technology, 1/2001,7/2004 Food
Institute Report,2001
18Foods that sustain personal, environmental,
animal, agricultural and world health all
increasing in consumption.
4 in 10 consumers claim to prefer products
and services that fit these criteria Associated
with higher quality products Look to high
quality foods as a little luxury
Sloan, Food Technology 7/2004
19 .
Everyone is a Specification Buyer Segmented
Markets More focused, targeted, and niche
opportunities for agriculture
20Consumer Lifestyle Trends Population Saddle 2
large markets 15-24 yr. old web-savvy, expect
services on-demand, want convenience and speed,
prefer organic ethnic, gourmet and prepared
foods. 55 yr. old value conscious, buy
health and wellness products, high levels of
customer service
21Consumer Lifestyle Trends Connectedness
staying in touch with other people is
important Fragmented society, tastes,
cultures-Multiple mini-markets amongst mass
markets (Starbucks offers 10,000 ways to order
coffee) Backlash against too much choice. Find
the exotic as luxury goes mainstream, luxury
consumers move on (gourmet cuisine, wine)