A 2023 survey across 18 markets worldwide revealed that about a quarter of consumers intended to spend less money on food and beverages (excluding alcohol) in the next 12 months. About 41 percent reported planning to spend about the same amount.
Future purchasing behavior for food and beverages* in the next 12 months worldwide in 2023
*Excluding alcohol
Original survey question read: "Thinking about how the cost of living might impact your normal spending in the next 12 months (e.g., not spending in a
holiday season), which of the following are you planning to spend more/less or the same amount in the next 12 months?"
Survey data was conducted in 18 markets worldwide with nationally representative samples from the U.S., Canada, Mexico, Great Britain, France, Germany, Spain, Denmark, Italy, Poland, Sweden, Australia, China, Hong Kong, Indonesia, India, Singapore, and UAE.
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YouGov. (June 8, 2023). Future purchasing behavior for food and beverages* in the next 12 months worldwide in 2023 [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/1457490/future-purchasing-behavior-for-food-and-beverages-worldwide/
YouGov. "Future purchasing behavior for food and beverages* in the next 12 months worldwide in 2023." Chart. June 8, 2023. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/1457490/future-purchasing-behavior-for-food-and-beverages-worldwide/
YouGov. (2023). Future purchasing behavior for food and beverages* in the next 12 months worldwide in 2023. Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/1457490/future-purchasing-behavior-for-food-and-beverages-worldwide/
YouGov. "Future Purchasing Behavior for Food and Beverages* in The next 12 Months Worldwide in 2023." Statista, Statista Inc., 8 Jun 2023, https://www.statista.com/statistics/1457490/future-purchasing-behavior-for-food-and-beverages-worldwide/
YouGov, Future purchasing behavior for food and beverages* in the next 12 months worldwide in 2023 Statista, https://www.statista.com/statistics/1457490/future-purchasing-behavior-for-food-and-beverages-worldwide/ (last visited November 04, 2024)
Future purchasing behavior for food and beverages* in the next 12 months worldwide in 2023 [Graph], YouGov, June 8, 2023. [Online]. Available: https://www.statista.com/statistics/1457490/future-purchasing-behavior-for-food-and-beverages-worldwide/