Perception is U.S. Consumers’ Reality
Younger Households Are the Least Optimistic
95%
of all households are concerned about food cost inflation in 2024, 70% say its harder to stay in budget compared to prior months
85%
Say they’ve seen prices increase in recent months, despite the actual ARP down +10 pts from Dec 2023
84%
Making one or more changes due to increased grocery prices, +5 pts in one month
95%
of shoppers age 33 and younger
51%
Shoppers age 34 42 bought at least some of their groceries online in March vs. less than 25% of shoppers age 59 & older
Who is Produce Winning With Today?
Top indexing demographics purchasing produce
Generation
Boomers (Born 1946 1964)
109 Dollar Index
35% of Dollars
33% of Buyers
Income
Income greater than $100K
126 Dollar Index
39% of Dollars
32% of Buyers
Race
Asian
129 Dollar Index
8% of Dollars
6% of Buyers
Life Stage
1+ Child
109 Dollar Index
33% of Dollars
30% of Buyers