Presentation held at Research Chefs Association's annual conference 2015.
What are the most important Generation Z trends, and how will they impact the food industry?
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RCA 2015 Generation Z and the Future of Food
1.
2. Why Do People Differ Across Age?
Age effects
People Change
Cohort effects
Circumstances Change
3. Last Four Generations
Boomers (1946 โ 1964)
The first โmodernโ children, adolescents and adults. Holds the current
definition power in Western societies. Will never grow old.
Generation X (1965 โ 1982)
The latchkey kids who became helicopter parents.
Grown up in the shadow of the counter cultural movement and the Boomers
Millennials (1983 โ 1995/2004)
Children of doting helicopter parents. Great optimism and strong ego. More
diverse and tolerant, but also more narcissistic.
Generation Z/ Homelander (1996 โ 2010 or
2004+)
Googlito Ergo Sum: I google + Google knows me = I exist
5. Demographics and Social
โช Culturally and ethnically diverse
- racially mixed (54% Caucasian)
- living without both parents(31%)
โช Baby bust: birth rate dropped 10% since 2007
โช Parenting: from helicopters to drones -
millennial moms not as indulgent?
6. Social and Cultural
โช A less โdelinquentโ generation (booze & drugs
are down)
โช Halted/reversed child obesity
โช Look up to parents
โช Mental stress/eating disorders up
โช But failure is increasingly an option
7. โช Digital Natives
โช Multitask between 5 screens
โช 8 secondsโ attention span
โช Communicate in pictures
โช Expect
- customizable interfaces,
- instant gratification
โช But troubled by loss of privacy
โช and prefer Face-to-Face!
Technology
8. Environment
โช Will be 9 billion people when grown up
โช Will face climate change and resource
depletion
โช Innate sense of sustainability
โช Wholesome, bio-diverse
โช Attuned to โgreen-washing tacticsโ
โช Generation Z girls more likely to be
vegetarians for ethical and diet reasons
9. Economics
โช Financially cautious and realistic
โช More entrepreneurial, less college-bound
than Millennials
โช Expect flexible payment options,
e.g. mobile payment
โช Open to the โsharing economyโ
โช Prefer โaccessโ over โownershipโ
10. Little Foodies
โช Generation Z nutritionally conscious
โช More inclined to cook from scratch
โช Eating in beats eating out
โช Ethnic, cross-over, fusion foods
โช Demand transparency
(environment, animals, people)
Good-bye McDonalds, Hello Chipotle!
11. Emerging Food Snobs?
She brings plain green
tea for lunch - not top
grade Matcha Tea like
we do!