According to recent NPD food market research, Millennials are more likely to say their food choices at main meals are motivated by cravings, cost control and minimal preparation time.
According to NPD's National Eating Trends, which has continually tracked America's eating behaviors [image-nocss] for 30 years, Millennials' food selections indicate a here-today, gone-tomorrow mentality. They are much more likely than consumers in other age groups to use frozen entrees or other food items that are portable and do not require preparation.
As with most of these food offerings, there is usually little opportunity for leftovers, which correlates to their relatively low rate of leftover usage. National Eating Trends reports that a typical Millennial has 68 meals a year that contain a leftover item, but adults in their 30s to early 40s are using leftovers in 82 meals a year.
In addition to convenience, cost control is a major motivation for Millennials, and frozen food and other convenience-oriented food products often provide relatively inexpensive meal solutions.
Cost concern is particularly important to this age group since they have been among the hardest hit by the recession, said Darren Seifer, food and beverage industry analyst for The NPD Group. The unemployment rate for adults under 30 was 19.5% for the second quarter of 2010, a rate more than double the 9.5% seen for the total workforce.
Millennials are coping with their economic challenges by making use of low-priced retailers. National Eating Trends finds that one-third of Millennials use mass merchants, such as Walmart, as their primary food store, compared to 23% for all adults.
According to NPD's CREST foodservice market research, young adults were once the heaviest restaurant users but have cut back dramatically in the last two years. Meals and snack occasions per capita for ages 18-24 dropped from 242 in the year ending May 2008 to 216 in the year ending May 2010. For ages, 25 to 34, meals and snack occasions per capita declined from 257 in year ending May 2008 to 238 in year ending May 2010.
The Millennial generation has grown up in a time of tremendous technological advances, coupled with new societal norms, said Seifer. They are connected like no other generation before them. This connectedness is both an opportunity and challenge for marketers. Communicating withand selling toMillennials requires an understanding of their attitudes and behaviors.
The NPD Group is a provider of reliable and comprehensive consumer and retail information for a wide range of industries. Today, more than 1,800 manufacturers, retailers and service companies rely on NPD to help them drive critical business decisions at the global, national and local market levels. NPD helps its clients to identify new business opportunities and guide product development, marketing, sales, merchandising and other functions.
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