2024
9
US Feeding the Family Consumer Report 2024
2024-07-10T16:02:22+00:00
REP62FEC211_6AF8_47C4_A4B6_DF3A2C40D7C9
3695
174533
[{"name":"Food","url":"https:\/\/store.mintel.com\/industries\/food"},{"name":"Market Intelligence Reports","url":"https:\/\/store.mintel.com\/report-type\/market-intelligence-reports"},{"name":"US","url":"https:\/\/store.mintel.com\/markets\/us-market-research"}]
Report
en_GB
Despite nutrition being the most sought-after product attribute, and essentially universal, with 84% agreeing to its importance, it is not the attribute consumers are most willing to pay more for.
US
Food
simple

US Feeding the Family Consumer Report 2024

Collapse All
  1. Executive Summary

    • What you need to know
    • What consumers want and why
    • Market predictions
    • Opportunities
  2. Market Dynamics

    • Market context
    • Market drivers
    • Inflation is sticky, especially when it comes to food, making feeding the family a persistent  challege
    • Graph 1: headline CPI, shelter CPI, 2022-24
    • Families are shrinking in size
    • Feeding the family becomes more fraught as cost-of-living crisis surges
  3. Consumer Insights

    • Families by the numbers
    • Parents are positioned for cautiously optimistic spending habits
    • Graph 2: parental status, by generation, 2024
    • Graph 3: parental status, by financial health, 2024
    • Smaller families are the majority
    • Graph 4: number of children in household, 2024
    • Help kids help their parents
    • Graph 5: number of children in household, 2024
    • More than enough burden to go around creates opportunity for brands to step in and lighten the load
    • Graph 6: decision making in feeding the family, by gender, 2024
    • Graph 7: decision making in feeding the family, by race and ethnicity, 2024
    • Consumer fast facts
    • Important attributes of feeding the family
    • Nutrition rises just above ease
    • Graph 8: important attributes in feeding the family, 2024
    • Number of kids does little to change the need for speed
    • Graph 9: important attributes in feeding the family, by number of kids, 2024
    • Well-rounded brands offer solutions that balance key needs
    • Graph 10: important attributes in feeding the family, by financial situation, 2024
    • Attributes willing to pay more for
    • Nutrition is table-stakes; ease is an upsell
    • Graph 11: important attributes in feeding the family, 2024 – NET
    • Graph 12: attributes willing to pay more for, 2024
    • Reaching families of all sizes requires products to be as flexible as families are
    • Graph 13: attributes willing to pay more for, by number of kids under 18, 2024
    • Products purchased in the last three months
    • Ready-to-eat is the new foodservice
    • Graph 14: products purchased in the last three months, 2024
    • Frozen takes the pressure off of budget worries
    • Graph 15: products purchased in the last three months, by financial situation, 2024
    • Large households take more shortcuts on the path to mealtime
    • Graph 16: products purchased in the last three months, by number of children, 2024
    • Attitudes toward convenience
    • Too much convenience can alienate consumers who enjoy meal prep and planning
    • Graph 17: attitudes about feeding the family, 2024
    • Big families have tough decisions to make
    • Graph 18: attitudes about feeding the family, by number of kids, 2024
    • Everyone likes a deal; some just need it more
    • Graph 19: attitudes about feeding the family, by financial situation, 2024
    • Biggest challenges in feeding the family
    • Stressors are evenly spread, so brands don't have to do it all
    • Graph 20: biggest challenges feeding the family, ranked, 2024
    • Think outside the "center of the plate"
    • Graph 21: biggest challenges to feeding the family, by number of children – any rank, 2024
    • Saving time for consumers is money for brands/retailers
    • Graph 22: biggest challenges to feeding the family, by financial situation – any rank, 2024
    • Family food behaviors
    • Stress is a fundamental truth for families
    • Graph 23: Family food behaviors, 2024
    • Embrace the wave of snacking
    • Graph 24: family food behaviors, by number of kids, 2024
    • Letting kids decide can come with a downside
    • Graph 25: family food behaviors, by financial situation, 2024
  4. Innovation and Marketing Trends

    • Launch activity and innovation
    • Brands are bulking up
    • Private labels offer side dishes across a broad spectrum of retailers
    • Bring it home for brunch
    • Brands can stay a staple whether serving one or all
    • Bulk protein serves as a shortcut solution for meals big and small
    • Marketing and advertising
    • Private-label snacks are moving into niche territory
    • Niche includes flavors and ingredients
    • The "convenience" equation is greater than the sum of its parts
    • Single-serve meals don't have to be TV dinner
    • Opportunities
    • Failing to plan means means planning to fail
    • Everyone has a role in the planning process
    • Kids can cook, too
    • Something fishy is going on at home
    • There are so many fish in the sea!
  5. Appendix

    • Consumer research methodology
    • Generations
    • Abbreviations and terms

This report explores what consumers (families) want and why when it comes to food in the household. Understand and respond to the family food trends shaping food product purchases and consumption.

Topics Analyzed

  • Important food product attributes for families.
  • Food Attributes/products considered worth paying more for.
  • Food product purchases made by families within the last 3 months.
  • The biggest challenges stated by consumers when feeding families.
  • Attitudes toward/behaviors around feeding families.

Family Food Trends in the US

Despite nutrition being the most sought-after product attribute, and essentially universal, with 84% agreeing to its importance, it is not the attribute consumers are most willing to pay more for. Ease and speed, both of prep and clean up, win there, making simplification of the family meal the greatest opportunity for brands.

That said, consumers have a broad range of meal-related stressors, allowing brands to choose where they want to devote their R&D dollars and messaging efforts. Meeting more needs with a single product is always nice, but brands don’t have to boil the ocean to make a splash. Families are diverse; solutions can be, too.

Expert Analysis

Food industry analyst Michele Scott delivers in-depth insights with this report.

Families are willing to pay for convenience if products solve problems without compromise. Brands can play a role in feeding the family, from planning to execution.

Michele Scott, Associate Director of Mintel US Food and Drink
Michele Scott
Associate Director, US Research – Food and Drink

Download Report Summary
£ 3,695 (Excl.Tax)
  • Pay via credit card or invoice
  • PDF, PPT and Excel download delivered instantly
  • Save up to 20% when you purchase multiple reports

Need help before you buy?

Our research specialists can answer your questions and recommend the reports that best match your business needs.

Contact us

Trusted by global industry leaders

Epsilon logo

We utilize Mintel Reports, Trends and Comperemedia to mine for insights across the numerous business verticals that Epsilon serves, such as CPG, automotive, telecom, healthcare/pharma, retail and financial services.

By integrating Mintel insight into new business opportunities, we have been able to gain the competitive edge necessary to advance partnerships with global brands and key business players.

For our organization, it’s about depth and breadth. Having one without the other doesn’t enable success in our business.

Virginia Harvey, Secondary Research Manager, Epsilon
Mediacom logo

Mintel is really good for getting a handle on a particular category quickly. If we are working on a new business pitch in an area we don’t have much experience in, it’s a brilliant way to get up to speed with what’s going on, what’s changing and what the key trends are in any category.

It’s very rare now that anyone will plough through a 200-page report – that’s why the summaries are really useful. We know they are backed up by a lot of detail, so if you need to go into something in more depth you know the information will be all there for you.

Pauline Robson, Managing Partner, Mediacom
Bauer Media Group logo

We have such a great working relationship with Mintel on lots of different levels. As an insight partner, they have helped us to develop our business planning in specific categories as well as supporting our creative process but they’ve also been super helpful with facilitating our events in their inspirational offices near St Paul’s.

They’re an innovative company, with a client-focused team that always delivers.

Abby Carvosso, Group Managing Director, Bauer Media Group
VocaLink logo

We use Mintel Reports, mostly for financial services and ecommerce markets, plus a few retail and technology ones.

As a leading payments provider, we value additional insights into consumer behaviour, opinions and trends that are shaping the many different markets we operate in. Mintel is a very good and very quick way for us to obtain those insights.

We use Mintel to get a view on where a particular market is going, which can support us in product development and help us identify opportunities or indeed risks, it is a very useful barometer of a market’s potential.

 

Andrew Neeson, Market Intelligence Manager, VocaLink
Waitrose & Partners logo

We’ve found it so useful working more closely with Mintel. They helped support our recent flagship event for our top suppliers by providing a really unique viewpoint on the future of online retailing.

Nick Carroll from their Retail Team was also an excellent panelist, sharing useful and actionable consumer insights. We definitely look forward to working with Mintel again on future projects.

Zac Steele, E-Commerce Trading Development Manager, Waitrose & Partners

Need help before you buy?

Our research specialists can answer your questions and recommend the reports that best match your business needs.

Contact us