FOOD EXPENDITURES BY U.S. HOUSEHOLDS: LOOKING AHEAD TO 2020

Noel Blisard, Jayachandran N. Variyam and John Cromartie

No 34045, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service

Abstract: By 2020, the effects of demographic changes and income growth will increase per capita spending on food 7.1 percent. Income growth alone, which will effect spending increases of almost 10 percent on away-from-home foods and 3 percent on at-home foods, will raise per capita food spending about 6 percent. Expansion of the Nation's population will drive growth in food demand and, combined with rising incomes and other demographic changes, is projected to boost total U.S. food spending 26.3 percent. On a national level, the slow but steady growth of the population will result in little variation among expenditure growth levels of individual food groups. The largest projected increase is for fruits, up 27.5 percent, while the smallest is for both beef and beverages, up 21.1 percent.

Keywords: Food; Consumption/Nutrition/Food; Safety (search for similar items in EconPapers)
Pages: 35
Date: 2003
References: View complete reference list from CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
https://ageconsearch.umn.edu/record/34045/files/ae030821.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:34045

DOI: 10.22004/ag.econ.34045

Access Statistics for this paper

More papers in Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().