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Which Thanksgiving Entrée Do You Prefer?

Holiday Prep Mode: ON

This year, whole turkey prices are projected to peak just before Thanksgiving, averaging $1.05/lb the week before and $1.18/lb during the big week. Despite the seasonal spike, prices remain stable compared to last year. 

So ... Turkey or Ham?

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Part II: Hispanics’ CPG Shopping Trends

  • Writer: Circana
    Circana
  • Oct 24, 2024
  • 1 min read

Updated: Jul 28

Impact and Opportunities for Retail Activation


14% of U.S. households are Hispanic households, and these consumers are more likely to shop in-store than online. This report, Part II in a two-part series, focuses on U.S. Hispanic retail engagement. It also explores the importance of understanding cultural references and opportunities to activate these valuable shoppers around specific holidays. 


Highlights:


  • Hispanic households tend to be multigenerational and larger than the national average.

  • Hispanic consumers favor local Hispanic or family-owned retailers but will shop mainstream retailers with the right assortments.

  • Traditional flavors like limón, churro, and horchata, and brands like Fabuloso, Modelo, and LaLa, are gaining mainstream appeal across food and beverage. 

  • Using country-of-origin and descriptive menus, restaurants have unique opportunities to target specific groups. 

  • Retailers should align Hispanic social and digital media messaging with preferred apps, such as WhatsApp, TikTok, and Snapchat. 




Circana's understanding of complex consumer behavior helps brands and retailers uncover data-driven opportunities for growth with Hispanic consumers.


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Impact and Opportunities for Retail Activation 14% of U.S. households are Hispanic households, and these consumers are more likely to...

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