When people think about the growing full and broad spectrum extract movement, they usually picture millennial users driving that growth. But as more and more people learn about the many health benefits of extracts – like the entourage effect – the demographics of users are shifting as well. There are now a plethora of stats showing that Baby Boomers are just as likely – if not more likely – to use full and broad spectrum extracts as millennials; and we’ve got the stats to back it up.
baby boomers are the biggest full and broad spectrum extract consumers
According to a report by Eaze, the amount of extract consumers in the United States nearly doubled from 2.6% to 4.8% in 2018. While that may not surprise people, this one probably will: Baby Boomers use extracts more than any other age group, per Green Entrepreneur. About 8.4% of Baby Boomers said they used extracts in 2018, more than any other age group.
baby boomers spend more than millennials
According to that same report by Eaze, Baby Boomers also spend more each month on full and broad spectrum extract products than millennials. On average, Baby Boomers spent $95.04 per month on full and broad spectrum extract products, while Millennials, on average, spent about $75.94. Of course, Baby Boomers also tend to have more savings and higher incomes than Millennials, so this may not be too surprising.
baby boomers substitute prescription medicines for full and broad spectrum extracts more than millennials
According to Eaze, 76% of Baby Boomers were more likely to reduce their usage of over-the-counter medicines in favor of using full and broad spectrum extract products. This is slightly higher than the average population, where only 71% of people reduced over-the-counter medicines. Another 49% of Baby Boomers reduced their usage of prescription medicines in favor of full and broad spectrum extracts. Perhaps this stat isn’t too surprising since Baby Boomers also probably use a lot more medications than Millennials and other adults.
baby boomers are promoting full and broad spectrum extracts on social media just as much as millennials
Perhaps the biggest difference between Baby Boomers and Millennials is technology. Millennials are viewed as tech-savvy and know all the ins-and-outs of the latest phones and social media trends, while Baby Boomers lag far behind. But it turns out that, when it comes to full and broad spectrum extracts, they’re both digitally active.
According to a study earlier this year, Baby Boomers and Millennials contributed the same amount of social media posts promoting full and broad spectrum extracts in 2018. Of the 1.3 million social media posts studied, Baby Boomers and Millennials each contributed 41% of these posts, for 82% combined. The other 18% were made by Gen Xers. So, the next time you see an article about something like broad spectrum extracts shared on your social media feed, you can’t assume it was made by a younger person.
There were some differences in how each demographic used social media, however. Baby Boomers were often posting about facts and trying to learn more about extracts. They also tended to have questions about extracts – particularly the legality of products – which they needed help answering. Millennials tended to promote products and brands in the industry that they liked and thought their friends should try; like tinctures.
baby boomers are just as positive about full and broad spectrum extracts as millennials
While Baby Boomers may be posting about full and broad spectrum extracts on social media just as much as Millennials, they could be criticizing and attacking these products as well, right? Surprisingly, no. In fact, Baby Boomers were just as positive about full and broad spectrum extracts on social media as Millennials, with 86% of Baby Boomer social media posts about full and broad spectrum extracts being considered positive, and 88% of Millennial social media posts being considered positive. That’s pretty amazing.
So while most social trends are driven by younger generations, when it comes to extracts, it turns out that people of all ages are buying-in.
If you’re ready to buy-in too, check Pachamama’s full product line here.