Circana Research Reveals 86% of Eating Occasions Sourced from Home Over Past Year
August 27 2024 - 9:05AM
Circana™, a leading advisor on the complexity of consumer behavior,
recently released a new report providing a complete view of food
and beverage consumption trends, both at home and away from home.
The 39th annual report, “Eating Patterns in America,” highlights a
growing trend toward at-home dining over the past year, with 86% of
eating occasions sourced from home. While retail volumes show
modest growth, foodservice traffic remains under pressure. However,
significant opportunities remain in both sectors, with American
consumers spending nearly $1.7 trillion annually on food and
beverages. The report offers strategic insights for manufacturers,
retailers, foodservice operators, and distributors aiming to better
engage with their target consumers.
“Despite easing inflation, consumers continue to face the
cumulative impact of several years of rising prices and ongoing
economic challenges,” said David Portalatin, senior vice president
and industry advisor, Food and Foodservice, Circana. “With dining
out costing four times more than eating at home, many are cutting
back on restaurant visits. Meal patterns have shifted as consumers
spend more time at home and adapt to new daily rhythms. However,
convenience and health remain top priorities, with consumers
willing to spend on products offering added benefits, especially in
the beverage space, where innovation is rising to meet these
demands.”
The report highlights several key findings, including:
- Home-Centric
Dining: In the post-pandemic era, at-home food and beverage
consumption remains a cornerstone of daily life. Regardless of
where meals were sourced, consumers ate 116 more meals at home over
the past year than they did pre-pandemic. As consumers seek the
optimal balance between value and convenience, low price is not the
sole driver of a compelling value proposition. New mobility
patterns, inflationary pressures, and evolving attitudes around
well-being offer opportunities to craft retail solutions that help
consumers source meals, snacks, and beverages for both in-home and
on-the-go occasions. While gains in away-from-home consumption are
leveling off, fast casual restaurants are gaining market share.
Despite a challenging macroeconomic environment, some foodservice
operators have demonstrated resilience and achieved growth.
Focusing on efficiency, innovation in menu offerings and delivering
value will be key to driving continued growth.
- Daypart
Disruption: While breakfast, lunch, and dinner remain the
primary meal occasions, their composition, timing, and sources are
evolving to fit consumers’ daily routines. Breakfast now starts
earlier, with mid-morning snacks away from home rising in
popularity. Lunch has shifted significantly due to changes in
workplace mobility, with lunchtime traffic falling to about half of
pre-pandemic levels. Snack consumption is growing, with consumers
increasingly preferring quick bites or meal replacements over
larger meals. As snacking becomes more common throughout the day,
the boundaries between traditional mealtimes will continue to
blur.
- Beverage
Innovation: Over the past year, beverage consumption has
surged, particularly among coffee, carbonated soft drinks, and
functional beverages. This rise in consumption is driven by
manufacturers’ innovations aimed at addressing evolving consumer
needs. Today’s beverages cater to various functional requirements,
including hydration, energy, and nutrition. Coffee remains a daily
staple for many, offering both comfort and an energy boost.
Carbonated soft drinks continue to be popular for their refreshing
qualities, while functional beverages are gaining traction for
their added benefits, such as vitamins, electrolytes, and other
health-enhancing ingredients. This trend reflects a broader
movement toward beverages that serve as both enjoyable and
functional components of daily life, adapting to changing
lifestyles and preferences.
For more information or to purchase the full report, contact
your Circana representative or click here.
Helpful LinkCircana Growth Insights Podcast: The
Food and Beverage Chronicles: Learning from Eating Patterns in
America
About Circana Circana is a leading advisor on the
complexity of consumer behavior. Through superior technology,
advanced analytics, cross-industry data, and deep expertise, we
provide clarity that helps almost 7,000 of the world’s leading
brands and retailers take action and unlock business growth. We
understand more about the complete consumer, the complete store,
and the complete wallet so our clients can go beyond the data to
apply insights, ignite innovation, meet consumer demand, and
outpace the competition. Learn more at circana.com.
Shelley Hughes
Circana
+1 312-731-1782
Shelley.Hughes@circana.com