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According to research from Mintel, some 42% of Hispanic men and more than half (55%) of Hispanic dads are the top decision maker on the purchases made in their household.
Price and value continue to lead meat purchasing decisions; however, the focus on price is no longer as strong as it has been in the past two years as high income shoppers ease up on money-saving measures.
While the Hispanic population is growing at a fast pace in the U.S. -- and with them their purchasing power -- it seems in the last few years much of the focus has been on Latinas, neglecting an equally important Hispanic shopper...Hispanic men.
Price per pound has solidified its number-one ranking as the most important decision factor for consumers, while total package cost is now the second most important decision factor.
The recent run-up in the U.S. stock market is real and should continue at least through 2010, according to economist Dr. Donald Ratajczak. He was speaking to feed ingredient-purchasing managers at the 2009 Grain Forecast – Economic Outlook Conference.
