The Hispanic and Asian influence on the
Asians and Hispanics are no longer a minority in large cities across the
The result is more food and drinks specifically targeting these groups, as well as capturing a wider market of consumers who enjoy their culinary influence.
Corella said: “There are a lot of products coming out that are uniquely flavored to address the cultural shift.
“The
He gave the example of lime flavored products with chili, which is typically Hispanic. There are also more fresh and frozen vegetables of Asian origin and the ingredients used in products can also target certain markets.
Corella said that Coca-Cola sells a different version of Coke in
He added: “There is also the need to address certain cultural limitations such as lactose intolerance. Mexican populations and native Americans have higher incidence of lactose intolerance. There has been a growth in that market place of soy products.”
This also applies to health conditions such as diabetes.
Meanwhile Asian vegetables such as napa cabbage and Asian eggplant are becoming an integral part of the American diet, according to a new report in the American Society for Horticultural Science (ASHS) HortTechnology online journal.
Population growth
The Hispanic influence will become more pronounced with the growth of the US Hispanic contingent, which now numbers more than 44 million and accounts for roughly 15 percent of the total population, according to the market analysts Nielsen. By 2050, Census Bureau projections show Hispanics accounting for one-quarter of the
Similarly, there is a rapidly growing
Asian Americans will represent $670 billion in spending power by 2012 while Hispanics will represent $1.2 trillion in spending power by 2012, according to
And separate figures from the
The growth is being highlighted by organizers of the Expo Comida Latina and All Asia Food event, which is for retailers, distributors, foodservice, and manufacturers to showcase the newest in Asian and Hispanic food and beverage. It will take place on October 13 and 14 in
Last year a Packaged Facts report on flavor and ingredient trends predicted that in 2008 Asian and Hispanic flavors would become mainstream. The emerging ethnic cuisines forecast to gain a lot of attention included regional Asian influences, such as
Visit our web sites: www.capico.net and www.capicousa.com
No comments:
Post a Comment