Title: Changing Face of America: The Numbers
1Changing Face of AmericaThe Numbers
2Race and Hispanic Origin Trend by Race or Origin
Source US Census Bureau.
3Race and Hispanic Origin Trend
Change
Source US Census Bureau.
4Multicultural Consumers Burgeoning Demographic
Percent of US Population Growth 2005 to 2020
Source US Census Bureau.
5Face of America Multicultural NOW Mainstream
America
6What We Eat
Fun Facts
- 1 out of every 7 spend on ethnic food
- 1 growth liquor in sales Tequila
- Salsa sales passed ketchup sales in U. S.
7Food Trends
- Trend Growth ethnic restaurants
- Restaurant Chains Driving acceptance of ethnic
foods - Hispanic/African American Mexican,
Caribbean, Tex-Mex (fusion) - Asian Chinese, Japanese Thai
8Food Trends
- Trend
- Mainstream companies launching ethnic flavored
products - Haagen Dazs - Dulce de Leche, Tres Leches
- Clif Bars Luna Bar Dulce Tres Leches
- Kool-Aid - Pina-Pineapple
9Food Trends
- How Have Leading Companies Approached Ethnic
Consumers? - Brands that have heritage
- Manzanita Sol Apple Soda from Pepsi
- Tampico, Jumez beverages Mango, Peach,
Tropical, Berry, Apple, etc. - Nescafe
- Brands that exist BECAUSE of the Hispanic market
10Food Trends
- Multicultural consumers will drive growth/decline
in key categories
Source http//www.ers.usda.gov/amberwaves/april03
/features/consumerdrivenag.htm
11Food Trends
- What are the key drivers to Ethnic food growth?
- Population
- Availability
- Restaurants Chains, TV Food Shows Internet
12When You Are Latino-Both-America
Culture/Mapping the Intersections
- Hispanic Youth are masters at navigating their
spaces/identities - 77 are IN CONTROL of which identity all or most
of the time
Latino Both American
Source Look-Look Study
13Ethnic Marketing Consumption of Milk
- Hispanics such high consumption of milk
3-milk dessert
14Marketing Insights
- More likely than general market to shop at
multiple outlets - Supermarkets convenience stores, bodegas,
bakeries etc. - Spend larger of dollars other than supermarkets
- Hispanics 31 vs. non-Hispanics 19
- Shop more often
- Shop twice as often as non-Hispanics
Source Hispanic Market Weekly Ethnic Food
Study
15Marketing Insights
- Understand consumers in your Market
- Who are they
- Where they shop
- What are their preferences
- Partner with Key retail outlets that are reaching
these consumers
Source Hispanic Market Weekly Ethnic Food
Study