How well do you know the mainstream consumer?€¦ · Mintel strategists provide custom problem...
Transcript of How well do you know the mainstream consumer?€¦ · Mintel strategists provide custom problem...
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in 62 countries,
every day
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INSIGHTSMintel collects
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track trends in the
menu optimization,
flavors, ingredients
and preparation
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provide custom
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TRENDS
Mintel is a world
leader in trend
spotting and market
predictions with
observers and
analysts in 20
countries
CONSUMERS
Mintel conducts
primary research
with 40,000
consumers around
the world every
month
ANALYSTS
Mintel has 200
global category,
consumer and
functional analysts
Who is the mainstream shopper?
She (or he) is many things.
BUT SO DOES ITS OPPOSITE
92%Of single non-parents do the
grocery shopping (66% as the
sole shopper, 26% doing it
jointly).
THE STEREOTYPE DOES
HOLD TRUE
99%of mothers with children under the
age of 18 do the grocery shopping,
either as the sole shopper (72%) or
by sharing it (27%).
POTENTIAL WITH GEN Z
84%Of Generation Z consumers do the
grocery shopping (40% as the sole
shopper, 44% doing it jointly).
Remember, GenZs are 18-24.
Source: Lightspeed/Mintel
Keep in mind that a LOT of households do not have children
Two-thirds of US households do not have children; the percentage continues to increase.
Source: US Census Bureau
34.4%
65.6%
30.5%
69.5%
Share of households with children Share of households without children
US: Presence of children in the household
2006
2016
What's important to consumers: Food must taste good
Base: 1,941 internet users aged 18+ who are responsible for food/drink shopping
Source: Lightspeed/Mintel
87%
68% 65% 62%57%
51%47%
36%
Tastes good Fresh Nutritious Fits my budget High qualityingredients
Easy to prepare Convenient Filling
Which of the following are important to you when choosing which food/drinks to buy? Please select all that apply
Taste, value, excitement drive purchase
ValueImportant to everyone, and
continues to drive purchase
across consumer groups
TasteYounger consumers more driven
by flavor, but are disappointed in
many of today's choices
ExcitingFor younger consumers, this is
almost as important driver as
taste
Source: Mintel Purchase Intelligence
Eating patterns are different now: Everyone snacks
17% of all consumers are super snackers (snacking 4+ times per day). But some groups snack
significantly more often.
YOUNGER MILLENNIALS
28%are Super Snackers (it is 24% for
all Millennials)
GENERATION Z
29%are Super Snackers
PARENTS WITH KIDS 5 AND
UNDER
28%They can't possibly have time for
a proper meal!
Source: Mintel/Lightspeed
Eating out is dependent on who you are
FINE DINING: OLDER
28%of Baby Boomers have eaten at
fine dining restaurants in the last
three months, compared to 24%
for all consumers
FAST FOOD: MOMS
77%of moms with children in the home
have eaten in fast food restaurants
in the last three months, compared
to 71% for all consumers
STATUS: YOUNGER
28%of Younger Millennials agree that
"where I choose to eat out reflects
who I am as a person," compared
to 20% for all consumers
Source: Mintel/Lightspeed
WHAT KINDS OF PRODUCTS ARE
CONSUMERS LOOKING FOR?
A look at products that fall into three groups:
• Products that started as niche and became mainstream
• Products that are niche and are growing
• A few products that are niche and likely will stay that way
• Consumers are just as likely to say they would buy RxBarsas other high protein bars
• All bars of this type can be polarizing, with concerns regarding taste and cost
• According to The Chicago Tribune, the line contributed $110 million in sales in the first six months of 2018
In favor: "These bars are a great healthy source of protein and come in tasty flavors. Ingredients are clearly laid out on the package." -- Female, Northeast, 35-54
Not in favor: "Its overpriced for what it is. This is the kind of product that appeals to pretentious but uninformed types who are more interested in a product if it is more expensive than other similar items." -- Female, Midwest, 35-54RxBar Chocolate Chip Protein Bar
RxBar: Consumer sentiment a bit mixed, but overall positive
Source: Mintel Purchase Intelligence
+300%
increase in new product
introductions, 2014-YTD 2019
+86%
increase on US restaurant menus,
Q42014-Q42019.
Niche gone mainstream: Cauliflower
Source: Mintel GNPD
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US: New product introductions with cauliflower, by category, 2014-September 2019
All other categories
Soup
Bakery
Side Dishes
Sauces & Seasonings
Snacks
Meals & Meal Centers
Fruit & Vegetables
Trend trajectory:
August 2015: First introduction, organic, from Trader Joe's (niche)
November 2016: Birds Eye Steam Fresh Veggie Made riced
cauliflower in three varieties enters the market (mainstreaming)
April 2019: Walmart introduces riced cauliflower under its Great
Value brand (mainstream)
Trader Joe's Organic Riced
Cauliflower, introduced August 2015
What's behind the growth? Cauliflower rice
Source: Mintel GNPD
Cauliflower rice appears to be here to stay:
• Consumers are as likely to say they would buy the
cauliflower rice products on the market as regular rice (38%
purchase intent)
• Links to trends of veggie-forward foods, clean and simple
ingredients
• Green Giant Riced Cauliflower, highest purchase intent of
66%
• "looks tasty and healthy with riced cauliflower" - Female,
West, 55+
Green Giant Riced Cauliflower,
Broccoli Florets & Cheese Sauce
Consumers continue to drive the trend
Source: Mintel/Lightspeed, Mintel Purchase Intelligence
Cold brew coffee is hot (and niche gone mainstream)
Introductions are up, purchase intent is up, overall consumption is up.
YOUNGER CONSUMERS
39%of consumers ages 23-40 say
they would buy cold brew coffee,
compared to 25% for all
consumers
COLD BREW RISING
22%of global RTD coffee launches
were cold brew in Jun 2018-May
2019, up from 15% over the
same period in 2017-18
DRINKING MORE
+5%increase in consumers who say
they drink cold brew coffee, 2018-
2019. In 2019, 22% say they drink
any other type of bottled coffee
Source: Mintel/Lightspeed, Mintel Purchase Intelligence, Mintel GNPD
Mainstream consumers
understand cold brew, but don't
quite "get" nitro.
"I'd like to try cold brew coffee,
but I don't know what the "nitro"
part's all about." - Female,
Northeast, 35-54
Nitro Cold Brew Coffee, purchase intent 13%Aldi Organic Cold Brew Coffee, purchase
intent 40%
While cold brew is hot, nitro is not (yet?)
Source: Mintel Purchase Intelligence
NITRO TO GROW?
20%of GenZ consumers have had
carbonated cold coffee,
compared to 13% of all
consumers
While cold brew appears mainstream, nitro is not.
• Nitro less well-known among most consumer groups
• But, look to younger consumers to drive growth in the future
"I’ve always wanted to try the nitro cold brew, I’ve heard it’s good."
-- Female, South, 18-34
A bifurcation in RTD coffee ahead
Source: Lightspeed/Mintel, Mintel Purchase Intelligence
Niche and growing: Blends of animal and plant protein
YOUNGER CONSUMERS
79%of US Millennials eat meat
alternatives, compared to 53% of
Non-Millennials
RELATIVELY FEW
VEGETARIANS
6%of US adults say they eat a
vegetarian diet, but 13% of Gen
Z and 10% of Millennials say
they do.
TASTES LIKE MEAT
54%of adults in the US say that meat
alternatives should closely mimic
the taste of meat
Source: Lightspeed/Mintel
Plant-based proteins appeal for their health reasons
However, the number one motivation for eating plant-based protein is taste – a "must-have" for
repeat purchase.
Base: 1,876 internet users aged 18+ who eat plant-based proteins Fieldwork: October 2017
Source: Lightspeed/Mintel
52%
39% 39%
31%
16%13% 11% 10
Taste Health concerns Avoidingprocessed foods
Weightmanagement
Muscle growth Environmentalconcerns
Animalprotection
Eating avegetarian diet
Why do you eat plant-based foods?
US consumers who said they
would buy the blended meats
are far more likely to say they
would add them to their current
shopping repertoire. Note that
purchase intent for both groups
is equal.
Insight: Blended meats likely
have greater appeal to a
broader range of consumers.
Consumers more likely to add blended proteins to shopping
Source: Purchase Intelligence
16%
21%*
63%*
22%
41%
37%
New Purchase
Replacement
Additional Purchase
Purchase patterns of consumers who say they would buy "blended" meats or meat alternatives
"Blended" meats Meat alternatives
Blended and organic
Few blended products appear in retail
Blend of chicken and ancient grains Blend of beef and mushrooms
Very few new product introductions, but
growing exponentially, and about half from
the US
6% of US consumers follow a ketogenic
diet, compared to 10% gluten-free, 3%
paleo
Keto at 8% among Gen Z and Millennials
Niche and growing: Keto
Source: Mintel GNPD, Lightspeed/Mintel
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Global: New product introductions with a keto claim, by region, 2014-September 2019
Latin America
Middle East & Africa
Europe
Asia Pacific
North America
Coffee pods, but YOU add the MCT oil to make it bulletproof
Sales of about $300,000 in 39 weeks, and 5% distribution
Purchase intent data follows the sales data: purchase intent 12%
vs 24% for all coffee pods
$11.99 for 10 ($1.20 each)
"Over a dollar per K cup--that's crazy!" - Female, West, 55+
Bulletproof 360 The Original Medium
Roast Single Serve Coffee Pods
Keto as niche: Bulletproof coffee pods
Source: Mintel Purchase Intelligence
Coffee pods, with all the components for "bulletproof" coffee--MCT
oil, butter, Himalayan sea salt
Sales of $950,000 in 30 weeks, 20% distribution
Reflected in purchase intent: 28% purchase intent for this product
compared to 24% for all coffee pods
$14.97 for 16 (94 cents each)
"I love french vanilla flavored coffee especially pods!!! and keto
friendly is a huge plus" - Female, Midwest, 18-34
"I like to stay healthy and like coffee" - Male, Midwest, 35-54 Rapid Fire French Vanilla
Flavored Ketogenic Coffee Pods
Keto going mainstream
Source: Mintel Purchase Intelligence
Perhaps niche: Faux fish
Consumers avoid animal-based foods in order to add more plant-based to their diets.
ETHICS
19%do so for ethical reasons
HEALTH
23%avoid animal-based proteins
because of health issues
ENVIRONMENT
16%do so for environmental reasons
Source: Lightspeed/Mintel
Good Catch: "Plant-made, chef-mastered" tuna alternative
The product is costly: $4.98 for 3.3oz pack, and consumers are turned off by that:
"I do not take out loans to buy tuna." - Male, South, 55+
Purchase intent at 30%, compared to 28% for all tuna
But it is higher among specific groups: 38% among 18-34 yr olds and 45% with kids 6-11
"I like that there is a substitute for tuna I've never seen before. The packaging, with the story on the back and all the good info on the front. I like it and I would want to try it." - Female, South, 18-34Good Catch Naked in Water
Fish-Free Tuna
Faux fish: Biggest barrier right now is price
Source: Mintel Purchase Intelligence
60% of introductions are in Europe,
although the trend got its start in Asia
One in four Germans see insects as a
natural source of protein
16% think it is healthy
Niche to stay: Insects/worms
Source: Mintel GNPD, Mintel Purchase Intelligence
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Global: New product introductions with insect protein, 2015-September 2019
All other categories
Sauces & Seasonings
Sugar & GumConfectionery
Processed Fish, Meat &Egg Products
Bakery
Snacks
Only 14% of consumers say they would buy these Chirps corn
chip alternatives, compared to 40% for all corn chips
Consumers don't see them as healthy or environmentally friendly,
but some consumers liked the protein, and some thought eating
insects is fun…However.
"Crickets. I know people eat bugs and they are a source of
protein, but unless I am stranded without food for a week, bugs
are not food." - Male, South, 35-54
Chirps Cheddar Cricket Chips
But US consumers just aren't feeling it . . . .
Source: Mintel Purchase Intelligence
WHAT'S AHEAD
It sounds pretty basic, but products MUST be:
• Healthy, whatever that means (for me, to suit my lifestyle, for my family,
for the planet…)
• Transparent
• Simple (to understand)
• Tasty
REMEMBER
(Mainstream) consumers don’t know what we know, don’t think like we do
What we think is a niche, or a fad past its sell-by date, might still be at the
discovery stage for many consumers
Bear in mind the textbook model of adoption:
• Innovators 2.5%
• Early adopters 13.5%
• Mass followers (early majority 34%, late majority 34%)
• Laggards 16%
WHAT THIS ALL MEANS
For big companies: Watch the little guys, work out when it makes sense
for you to get in to the trend
For small companies: Continue to develop for your core consumer, but
identify how you can connect to mainstream consumers
Be honest and objective regarding the possible longevity of your product
and the trend behind it
Our expert analysis of the highest quality data and
market research will help you grow your business.
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