Affluent Food Shoppers More Likely to Purchase Natural and Organic Products – Yahoo Finance

ROCKVILLE, Md., June 13, 2019 /PRNewswire/ — The belief that natural and organic practices produce foods that are tastier, more nutritious, and healthier continues to germinate in the minds of key consumer demographics. The result has created a pervasive and enduring trend that spreads to virtually every corner of the food and beverage industry.

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Affluent Food Shoppers, a new report by market research firm Packaged Facts.

Packaged Facts’ consumer survey data found that affluent food shoppers are increasingly moving in the direction of eating more organic and natural foods. They are more likely than non-affluent food shoppers to respond that they are eating more natural foods or organic certified foods compared to a few years ago. They also have a somewhat higher likelihood of more carefully avoiding foods with artificial ingredients.

David Sprinkle, research director for Packaged Facts. “They are much more likely than their non-affluent counterparts to shop at either Whole Foods or Trader Joe’s or at independent natural food stores, community co-ops, farmers markets or specialty and gourmet outlets.”

Due to these propensities, Packaged Facts advises that grocers can improve their outreach to affluent consumers by reflecting the values of the natural channel. This means promoting values such as fair trade, local sourcing, sustainably grown products, humane treatment of animals, and clean labeling. It also means carrying brands that align with the mindset of affluent food shoppers. For example, brands meeting the expectations of affluent food shoppers often have a philanthropic image and frequently characterize their ingredients and products with terms such as “honest,” “authentic,” “trusted,” “finest,” “freshest,” natural,” “pure,” “real,” and “safe.”

“Since affluent food shoppers are far more likely to buy organic fresh and frozen foods, stores need to provide a full range of options in this category,” says Sprinkle.

$150,000 or more.  Affluent food shoppers are further segmented into mass affluent food shoppers, with a household income of $150,000–$249,999, and highly affluent food shoppers, with an income of $250,000 or more.  The report includes an overview of topline opportunities in the affluent food shopper segment, an in-depth assessment of the food purchasing patterns of affluent food shoppers, profiles of their demographic characteristics and attitudes toward food, and an analysis of the channel choices, in-store behavior, and brand preferences of affluent food shoppers.

https://www.packagedfacts.com/Affluent-Food-Shopper-12413209/.   

Packaged Facts, a division of MarketResearch.com, publishes market intelligence on a wide range of consumer market topics, including consumer demographics and shopper insights, consumer financial products and services, consumer goods and retailing, and pet products and services. Packaged Facts also offers a full range of custom research services. Reports can be purchased at our company website and are also available through MarketResearch.com.