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Food Consumption

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... important elsewhere 50% of income for food in some countries ... Ethnic foods Chinese, Mexican, other Asian not just Italian. Hamburger Helper family ... – PowerPoint PPT presentation

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Title: Food Consumption


1
Food Consumption
  • AG BM 102

2
Introduction
  • A topic we all are familiar with
  • The final market for agriculture
  • The consumer is the arbiter of success by the
    food system

3
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4
Trends in Food Consumption
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Diet, health and food marketing
15
Demographics
  • Population growing by 1.5 per year (half
    immigration)
  • Family size shrinking
  • One person households growing
  • Two-wage earner families growing
  • College educated growing
  • Non-European portion growing
  • Segmented market

16
The Role of Income
  • Affects food choice
  • Doesnt affect quantity in U.S. in measurable
    amounts
  • Affects food away from home
  • Vastly more important elsewhere 50 of income
    for food in some countries

17
Source Economic Report of the President
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Source Bureau of Labor Statistics
20
Diet, Health, Food Marketing
  • A growing concern aging Baby-boomers
  • Health foods a growing market
  • Organic foods rapidly growing market 2 of all
    food
  • Big disconnect between talk action salty
    snacks

21
Obesity in the United States
22
Obesity in the United States
  • Nearly 2 out of 3 adult Americans are overweight
    or obese
  • Overweight prevalence among children and
    adolescents has risen from 5 in 1970s to 15 in
    2000
  • Linked to increased risk of heart disease,
    diabetes, several types of cancer
  • Generates increased medical costs, lower
    productivity and output
  • 2001 Surgeon Generals report identifies cost of
    117 billion to U.S. economy

23
Food away from home continues to increase in
importance
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25
Food Away From Home
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27
Food Away from Home
  • Eat different things
  • Some products have been saved by food away from
    home cheese pizza
  • Other products have been harmed by more food away
    from home pork
  • How food away from home is consumed is evolving
    more carry-out
  • People short of time

28
Public Food Programs
  • School lunch
  • Food Stamps
  • WIC Women, infants, children
  • Soup kitchens, etc. (private)
  • Reduce food costs for poor
  • Try to break poverty cycle
  • Ultimately someone must pay for this food (either
    government or private donors)

29
Variety of Food
  • Vastly greater than in past
  • Fresh fruits vegetables in winter
  • Prepared foods
  • Ethnic foods Chinese, Mexican, other Asian
    not just Italian
  • Hamburger Helper family
  • Rice helper family
  • Foods of foreign origin
  • Meal solutions

30
Role of Variety in Daily Life
  • Greater choice of restaurants
  • More ethnic food at home
  • More fresh stuff year around
  • More spices
  • Fewer prepared meats (sausages, bologna)
  • More fish including fresh fish
  • Fewer meals centering around a piece of meat

31
Concluding Comments
  • Changing landscape
  • Some is predictable some is not
  • Food system can be reactive or proactive
  • Those anticipating changes can make a lot of
    money
  • Consumer is the king
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