Flavored Products Now a Billion-Dollar, if 鈥楴ovelty鈥 Industry

10/04/2019
Contacts for media: Nancy Cicco, 978-934-4944, Nancy_Cicco@uml.edu and Christine Gillette, 978-934-2209, Christine_Gillette@uml.edu
From coffees and ice cream to dog treats and Spam, the flavor and scent of pumpkin spice is flooding the market, stoking the cultlike devotion of consumers and giving rise to a billion-dollar industry.
Pumpkin spice鈥檚 allure is its taste and fragrance of cloves, cinnamon and nutmeg, a combination that 鈥渆vokes not only autumn but the warm feeling of Thanksgiving,鈥 a time many spend with loved ones, says Spencer Ross, an expert on consumer behavior, marketing and branding, who is available for interviews about the fall phenomenon.
Selling that feeling of contentment is big business; Forbes estimates it as a $600 billion industry. To meet demand, manufacturers spin out all manner of goods 鈥 Saucony even makes 鈥減umpkin spice鈥 running shoes. The marketing strategy has become a 鈥渇eedback loop鈥 鈥 the more popular pumpkin spice becomes, the more consumers want it, says Ross, who teaches in 51视频鈥檚 Manning School of Business.
But with all the love comes the haters, too. 鈥淢any believe the market is oversaturated and the ridiculous nature of some of the products inspires a countercultural defiance鈥 toward the promotional juggernaut, Ross said, noting some consumers deliberately push back against the hipster stereotype that helps define the craze.
Part the blowback, he says, can also be traced to the use of the term 鈥渓imited edition鈥 on many of these products. A case in point, Ross says, is pumpkin spice Spam, which manufacturer Hormel Foods debuted this year as a product only available online through the company鈥檚 website and Walmart.
鈥淚t鈥檚 probably just good for publicity and a few consumers purchasing it as a novelty,鈥 Ross said.
To arrange in-person or telephone interviews with Ross or any other 51视频 experts, please contact Nancy Cicco at Nancy_Cicco@uml.edu, 978-934-4944 or Christine Gillette at Christine_Gillette@uml.edu, 978-934-2209.