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Changing Face of America: The Numbers

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Race and Hispanic Origin Trend. Source: US Census Bureau. ... Food Trends. How Have Leading Companies Approached Ethnic Consumers? Brands that have heritage ... – PowerPoint PPT presentation

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Title: Changing Face of America: The Numbers


1
Changing Face of AmericaThe Numbers
2
Race and Hispanic Origin Trend by Race or Origin
Source US Census Bureau.
3
Race and Hispanic Origin Trend
Change
Source US Census Bureau.
4
Multicultural Consumers Burgeoning Demographic
Percent of US Population Growth 2005 to 2020
Source US Census Bureau.
5
Face of America Multicultural NOW Mainstream
America
6
What 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.

7
Food Trends
  • Trend Growth ethnic restaurants
  • Restaurant Chains Driving acceptance of ethnic
    foods
  • Hispanic/African American Mexican,
    Caribbean, Tex-Mex (fusion)
  • Asian Chinese, Japanese Thai

8
Food 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

9
Food 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

10
Food Trends
  • Multicultural consumers will drive growth/decline
    in key categories

Source http//www.ers.usda.gov/amberwaves/april03
/features/consumerdrivenag.htm
11
Food Trends
  • What are the key drivers to Ethnic food growth?
  • Population
  • Availability
  • Restaurants Chains, TV Food Shows Internet

12
When 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
13
Ethnic Marketing Consumption of Milk
  • Hispanics such high consumption of milk

3-milk dessert
14
Marketing 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
15
Marketing 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
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