According to two reports released from the U.S. Census Bureau this week, the 65+ Generation in the U.S. is expected to reach 83.7 million in the year 2050. That's almost double the size of 2012's level of 43.1 million.
The growth is being attributed to the aging of baby boomers (individuals born in the United States between mid-1946 and mid-1964).
The Census Bureau's reports include:
- An Aging Nation: The Older Population in the United States, looks at the demographic changes to the 65-and-older population and the impact that these changes will have on the composition of the total population.
- The Baby Boom Cohort in the United States: 2012 to 2060, focuses on the shifting size and structure of the baby boom population.
What does this mean for food and beverage manufacturers? Food industry experts like Kantha Shelke previous reported on Baby Boomer Nutrition High Priority for Food Processors several years ago while other experts have recently weighed in on the aging population in articles such as
- Eating Habits Should Change as We Age
- How Can Food Processors Help Consumers' Aching and Aging Bones?
- Selling Groceries to Millennials, Aging Boomers
- Heart Health Becoming a Major Concern for Aging Baby Boomers
- Aging Boomers Offer Opportunities for Foods that Increase Stamina, Strength and Long Life
You can read and download the report on the U.S. Census Bureau's website