NPD Finds Moms Struggling with Finances
Mothers with children under 18 are responsible for feeding 141 million individuals, and these moms are anxious about rising food prices and struggling to stay within a budget in this turbulent economy, according to a new report by The NPD Group, a leading market research company. The NPD report, entitled “What’s on the Minds of Moms and How They’re Coping Today,” finds that having enough money to meet their families’ needs is the top concern among moms today, and the majority of those moms aren’t optimistic about improvement in their situation, even in a year’s time.
The moms surveyed by Port Washington, N.Y.-based NPD say they’re trying to save money on grocery purchases, and the top-strategy moms say they’re turning to discount stores more, buying less expensive brands, stocking up more often to take advantage of sales, searching for lower prices in store circulars and choosing store brands more often.
Top 5 Claimed Ways Moms’ Shopping Habits have Changed vs. 12 Months Ago
No. 1 Using Walmart or other discount stores more often
No. 2 Buying less expensive brands more often
No. 3 Stocking up more often to take advantage of sales
No. 4 Searching store circulars more often for low prices
No. 5 Choosing store brands more often
Source: The NPD Group, “What’s on the Minds of Moms and How They’re Coping Today”
“Even though moms are trying to save money on groceries, they still want meals that are easy and quick to prepare, and healthy, affordable options for themselves and their families,” said Dori Hickey, product development director at NPD, author of “What’s on the Minds of Moms and How They’re Coping Today,” and the mother of two teenage sons.
Moms’ Top 5 Claimed Influences on Food & Beverage Purchases
No. 1 Trying to save money on grocery purchases
No. 2 Wanting meals that are easy to prepare
No. 3 Trying to eat healthy
No. 4 Needing to stay within a food budget
No. 5 Want meals that are quick to prepare
Source: The NPD Group, “What’s on the Minds of Moms and How They’re Coping Today”
According to NPD’s National Eating Trends®, which has tracked the daily eating habits of Americans since 1980, moms with kids under 18 prepare 290 dinner meals annually, which, collectively, amounts to 10.2 billion dinners prepared by moms in the United States each year. While moms make dinner on most nights, in households without kids under 18, men are more involved in dinner preparation than they are in households with kids under 18.
In addition to the strategies moms are using to feed their families in a challenging economy, the NPD report, which profiles moms based on their experiences and personal characteristics, explores the concerns both new and experienced moms have, and examines the challenges they face in raising their children. “What’s on the Minds of Moms and How They’re Coping Today” also examines how involved children are in meal preparation, how much they influence the purchase of selected categories or brand choices within the category, and what prompts requests for a specific brand among different age groups.
The moms surveyed by Port Washington, N.Y.-based NPD say they’re trying to save money on grocery purchases, and the top-strategy moms say they’re turning to discount stores more, buying less expensive brands, stocking up more often to take advantage of sales, searching for lower prices in store circulars and choosing store brands more often.
Top 5 Claimed Ways Moms’ Shopping Habits have Changed vs. 12 Months Ago
No. 1 Using Walmart or other discount stores more often
No. 2 Buying less expensive brands more often
No. 3 Stocking up more often to take advantage of sales
No. 4 Searching store circulars more often for low prices
No. 5 Choosing store brands more often
Source: The NPD Group, “What’s on the Minds of Moms and How They’re Coping Today”
“Even though moms are trying to save money on groceries, they still want meals that are easy and quick to prepare, and healthy, affordable options for themselves and their families,” said Dori Hickey, product development director at NPD, author of “What’s on the Minds of Moms and How They’re Coping Today,” and the mother of two teenage sons.
Moms’ Top 5 Claimed Influences on Food & Beverage Purchases
No. 1 Trying to save money on grocery purchases
No. 2 Wanting meals that are easy to prepare
No. 3 Trying to eat healthy
No. 4 Needing to stay within a food budget
No. 5 Want meals that are quick to prepare
Source: The NPD Group, “What’s on the Minds of Moms and How They’re Coping Today”
According to NPD’s National Eating Trends®, which has tracked the daily eating habits of Americans since 1980, moms with kids under 18 prepare 290 dinner meals annually, which, collectively, amounts to 10.2 billion dinners prepared by moms in the United States each year. While moms make dinner on most nights, in households without kids under 18, men are more involved in dinner preparation than they are in households with kids under 18.
In addition to the strategies moms are using to feed their families in a challenging economy, the NPD report, which profiles moms based on their experiences and personal characteristics, explores the concerns both new and experienced moms have, and examines the challenges they face in raising their children. “What’s on the Minds of Moms and How They’re Coping Today” also examines how involved children are in meal preparation, how much they influence the purchase of selected categories or brand choices within the category, and what prompts requests for a specific brand among different age groups.