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Buying power of Hispanic consumers in the United States from 1990 to 2017 (in trillion U.S. dollars)

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Buying power of the U.S. Hispanic population 1990-2017 This statistic illustrates the buying power of Hispanic consumers in the United States from 1990 to 2017. Hispanics spent 1.5 trillion U.S. dollars in the retail and CPG market in 2015. The buying power is expected to increase to 1.7 trillion U.S. dollars by 2017. Products targeting the Hispanic population are seen as a great opportunity for retailers and CPG companies as Hispanics will represent approximately 28.6 percent of the total U.S. population by 2060.
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Description Source More information
This statistic illustrates the buying power of Hispanic consumers in the United States from 1990 to 2017. Hispanics spent 1.5 trillion U.S. dollars in the retail and CPG market in 2015. The buying power is expected to increase to 1.7 trillion U.S. dollars by 2017. Products targeting the Hispanic population are seen as a great opportunity for retailers and CPG companies as Hispanics will represent approximately 28.6 percent of the total U.S. population by 2060.
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Release date
August 2014
Region
United States
Survey time period
2012
Supplementary notes
* Projection

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