Study Shows Kids Have Major Influence In Food Purchases


Feedstuffs magazine reports: 

The parents might bring home the bacon, but it's probably the kids who pick the brand. Children have a disproportionate sway over household grocery purchases and decisions – and food marketers know it. 

In the report “Kids Food & Beverage Market in the U.S., Eighth Edition,” survey data from market research publisher Packaged Facts revealed that more than a quarter of parents (26{75e25ebeb47fb4337942be2c10689dca1c292c2a66240b62c5ca4214f5b25ecc}) learn about a new product as a request from their child. Kids ages six and up, in particular, wield a considerable amount of purchasing power, but in reality, brand loyalty is nurtured in children even younger than that. 

“Children under age six are just as important to marketers as older children are because life-long dietary habits are established during this time period and brand loyalty begins,” said David Sprinkle, research director at Packaged Facts. “This suggests industry players should focus on product development designed to capture younger kids and gain allegiance from parents earlier to keep them involved with the brand throughout childhood.” 

Ultimately, the items that end up in parents' shopping carts stem from an assortment of factors. Chief among them are: 

1. What brands or products are recognizable to the children; 

2. What parents deem healthiest and most nutritious for their children; 

3. Which foods kids themselves enjoy eating, and 

4. What's recommended by parents' peers either directly or through social media or online reviews. 

Packaged Fast said the importance of the second factor – which foods are perceived as healthier options for children – can't be understated. According to the “Shopping for Health 2016” report from the Food Marketing Institute and Rodale, a product's healthfulness for children influences 91{75e25ebeb47fb4337942be2c10689dca1c292c2a66240b62c5ca4214f5b25ecc} of parents' food and beverage purchases. On a related note, Packaged Facts found that nearly half of parents (46{75e25ebeb47fb4337942be2c10689dca1c292c2a66240b62c5ca4214f5b25ecc}) consider nutritional value as a top influencer. 

These findings indicate the degree to which health and diet are influencing choices within the market. As the Packaged Facts report shows, healthy innovation is emerging within every segment of the kids' food market, even among categories not typically associated with health, like sweet and salty snacks. 

“Companies or brands dedicated to eliminating or reducing unhealthful ingredients will find a strong following of parents, particularly parents of the Boomer generation or those with kids ages 6-11. Likewise, the 'hidden' veggie trend is most important to Millennial parents, reflecting this demographics' desire for functional foods,” Sprinkle said.



Source:  Agri-Marketing



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