Food insecurity is a growing global problem, and within the U.S., Gen Z is among the hardest hit.
That’s according to Purdue University’s Consumer Foods Insight report, which reported 30% of Gen Z adults had experienced or are experiencing food insecurity. That’s compared to 17% of Millennials, 19% of Gen Xers, and 7% of Boomers.
What’s more, 30% of Gen Z households reported getting free groceries from a charity like a food pantry or church in the past 30 days, compared to only 8% onatural factors potassium citratef Boomer households. Purdue University also reported Gen Z was the most likely to choose generic, private label products over brand-named foods.
Seventy percent of respondents said they were “very” or “somewhat” worried about the effects of the Russia-Ukraine war on global food supplies, with an additional 19% saying they were neither worried or unworried. Only a quarter thought resolving the war should be a policy priority for protecting global food security. Meanwhile, 51% said increasing U.Sbariatric fusion calcium. agricultural production was a way to hedge against rising fo21st century calcium plusod insecurity.A Rising Issue in Europe
Food insecurity is also growing in Europe, with Norway-based food-bank operator Matsentralen Norge reporting it was distributing 30% more food when compared to the smagnesium citrate daily for constipationame period in 2021. It’s worth noting 2021 saw sharply higher demand compared to prior years due to the effects of the COVID-19 pandemic, reported The Wall Street Journal (July 8).
Tesco Plc, one of the UK’s largest grocers, said it was seeing the effects, tobariatric calcium chewso, according to a May 10 article from Bloomberg.
“There’s no doubt at all people who have never had to go to a food bank are now having to do so,” Chairman John Allan said in an interview with the BBC Radio 4 Today program May 10. “I think we’re seeing real food poverty for the first time in a generation.”Inflation Outlook
Erica Kuhlmann, a managing director at BMO Harris Bank, recently spoke with The Food Institute Podcast about the prospects for inflation.
“The main topic of conversation [at our recent conference] really centered on the impact of inflation…Some [attendees] had a view that this could last well over 36 months, but I think the general consensus is that its really a minimum impact of two years, and I would agree with that,” she saidFood Inflation Hits Record in June
The Bureau of Labor Statistics reported food prices increased 10.4% for the 12-months ending in June, representing the largest year-over-year increase since February 1981. Food-at-home prices were up 12.2% for the month, while food away-from-home jumped 7.7% during the month.
Major increases were tracked across all six of the food-at-home categories, with cereals and bakery products showing the highest increase at 13.8%. Double digit increases were posted for meat, poultry, fish, and eggs (+11.7%) and dairy and related products (+13.5%).
Overall, BLS reported a 9.1% year-over-year increase in June for all the categories it tracked. Energy prices were up 41.6%, with gasoline (+60.6%) and fuel oil (+98.5%) helping to push up all categories.