Thanksgiving Statistics 2024 By Spending, Demographics and Country
August 13, 2024
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Introduction
Thanksgiving Statistics spotlight the beginning of holiday seasons in countries like the United States of America and Canada. The festivities commence with Thanksgiving, set for November 23, 2023. This period sees an influx of family gatherings, emotional exchanges, and gift-giving. Reports indicate a surge in marriage proposals during these holidays.
E-commerce has played a significant role in boosting shopping trends, with approximately $113 billion expected to be spent this season, marking a 13.7% increase from 2022. Let’s delve into these Thanksgiving Statistics to gain insights into this year’s festive season trends.
Editor’s Choice
Thanksgiving day records over 3 times more cooking fire incidents than a typical day.
In 2023, Thanksgiving holds a popularity rating of 79% in the United States of America, surpassing Memorial Day and Christmas.
Based on Thanksgiving Statistics, 53% of individuals consume leftovers for 2 to 3 days post-party.
The top three things Americans are thankful for are Family (84%), Health (69%), and Friends (63%).
In 2022, 1 in 5 Americans lacked certainty about their financial capacity to support the season.
This year, over 50% of Americans will celebrate Thanksgiving at home with family or relatives, while 35% plan to visit relatives and 11% to visit friends.
Annually, about 54 million Americans travel to their hometowns or vacation spots during this season.
In 2023, an estimated 182 million consumers in the United States of America are likely to engage in seasonal shopping.
In 2022, around 29% of Americans intended to spend over $500 on travel during the Thanksgiving period.
Wine, Beer, and Whiskey are the most favored choices for thanksgiving toasts, respectively.
What is Thanksgiving?
In the United States of America, Thanksgiving has evolved into one of the most prominent holidays since it became official in 1862. Celebrated annually on the 4th Thursday of November, the holiday marks the commencement of the holiday season. Traditionally, Thanksgiving signifies gratitude for a bountiful harvest.
A typical Thanksgiving feast includes cranberry sauce, sweet corn, turkey roast, mashed potatoes, sweet mashed potatoes, sweet corn, bread rolls, pumpkin pie, butter, beer, wine, and whipped cream for dessert.
Thanksgiving Facts
Football tradition dates back to 1876 when Princeton and Yale competed on Thanksgiving day.
Four towns in the United States are named after Turkey: North Carolina, Arizona, Texas, and Louisiana.
The inaugural Thanksgiving dinner featured lobster, fish, eel, oysters, venison, goose, duck, cranberries, and pumpkins; turkey was absent.
The most expensive Thanksgiving dinner, priced at $181,000 in 2019, was served at the Old Homestead Steakhouse in Manhattan, featuring gold flakes on two 20-pound free-range turkeys.
The first Thanksgiving celebration took place in 1621.
Two turkeys are brought to the White House daily each year.
General Thanksgiving Statistics
In 2022, 1 in 4 Americans considered canceling Thanksgiving due to escalating prices.
Annually, around 54 million Americans return to their hometowns or vacation destinations during this season.
In 2022, 1 in 5 Americans were uncertain about their financial capability to sustain the season.
Every year, over 40 million turkeys are consumed, totaling $949 million in expenditure.
77% of Americans avoid discussing politics during dinner.
97% of Americans celebrate Thanksgiving.
by Spending
In 2022, 29% of Americans intended to spend more than $500 on Thanksgiving travel.
Furthermore, on Thanksgiving day 2022, consumers spent approximately $5.29 billion on online shopping, setting a new record.
On average, people spend $325 over the 5-day Thanksgiving season.
(Reference: statista.com)
Thanksgiving Statistics indicate that most Americans aim to spend between $101 and $200 during the season, with only 5% planning to exceed $300. The average expenditure is projected to fall between $26 and $100 for the majority.
by Food Consumption
The average caloric intake on Thanksgiving day is 4,500.
In 2022, Americans allocated over $1.1 billion to turkeys during Thanksgiving.
In 2023, a 16-pound turkey is anticipated to cost about $20.32 on average.
Approximately, Americans buy around 80 million pounds of cranberries in a week during this season.
Annually, 13% of consumers opt to dine out or order takeout for a family meal.
Collectively, Americans consume 7.2 billion turkey calories yearly.
The cost of a Thanksgiving dinner for 10 people averages $64.05.
64% of Americans may consider alternative main dishes due to rising meat prices.
Conversely, 54% express interest in adding new side dish recipes to their menus.
41% of Americans prefer gravy as a dinner accompaniment.
Currently, 56% of Americans favor meat-free dinner choices.
Wine, Beer, and Whiskey are the preferred beverages for toasting.
Men average 3.1 drinks, while women average 2.4 drinks.
American’s Most Favorite Thanksgiving Dishes
(Source: wallethub.com)
83% of Americans prefer turkey during the season, making it the majority choice. Mashed potatoes (78%) and Stuffing or dressing (77%) follow closely as the next two most preferred dishes. Additionally, Bread or rolls, sweet potatoes or yams, and cranberry sauce each have a demand of over 50%.
(Source: wallethub.com)
In addition, pumpkin is the most preferred pie ingredient among Americans with 23% choosing it. Blueberry and Cherry are the least preferred at only 5%. Furthermore, 27% of people are interested in other pie flavors not mentioned in the picture.
by Demographics
(Reference: statista.com)
In 2023, there is an inclination towards buying value-based gifts among Gen Z consumers, with 51% planning to make such purchases. This is followed by millennials (48%), Gen X (45%), and Baby Boomers (36%). When all generations planning to buy value-based gifts are combined, the total percentage for 2023 is 44%.
by things Americans are thankful of
(Source: wallethub.com)
When it comes to things Americans are thankful for, the top three are Family (84%), Health (69%), and Friends (63%). In contrast, wealth is the least appreciated at 21%.
by Country
(Source: worldpopulationreview.com)
Thanksgiving is celebrated annually in countries including the United States of America, Netherlands, Liberia, Grenada, Canada, Australia, and Liberia. There are also limited celebrations observed in Switzerland, Austria, Germany, Japan, China, and Ghana.
by Preferred Locations for Celebration
(Source: statista.com)
According to Thanksgiving Statistics 2023, more than 50% of Americans will celebrate Thanksgiving at home with family or relatives this year. 35% are opting to celebrate at their relative’s place, and 11% have planned to visit their friend’s house.
The Meaning of Thanksgiving to Americans
(Reference: statista.com)
67% of people are spending their time with family this year, expressing gratitude for this aspect. Other meanings of Thanksgiving include having a good meal (47%), watching football (21%), and giving back (20%). However, 3% of consumers mentioned that Thanksgiving holds no significant meaning for them.
by Time To Begin Holiday Shopping Between 2021 to 2023
(Reference: statista.com)
In terms of Thanksgiving Statistics, it was observed that only 50% of consumers were planning to make purchases before October. However, the majority of them will initiate their shopping activities in November and beyond, as compared to the previous two years. Currently, there is no one planning to make purchases in January 2024.
by Travel
(Source: smartasset.com)
Among all travel preference modes, the car emerges as the most favored transportation option, chosen by a whopping 89.3% of individuals. Only 7.7% opt for air travel, while 3% utilize other transport means. Collectively, these travelers cover distances of over 50 miles during the Thanksgiving holidays.
Conclusion
Wrapping up the Thanksgiving statistics, it is interesting to note that more than 50% of people are exploring Turkey alternatives this year. Additionally, there is expected to be an uptick in shopping trends. This season is about expressing gratitude and cherishing what and whom you care for.
Post-Thanksgiving, the true holiday season kicks off across regions where Thanksgiving is celebrated. Spending quality time with family and enjoying meals together stands out as one of the most delightful experiences during the holiday season.
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Sources
Who invented the Thanksgiving holiday?
President George Washington was the first person to issue a request for a holiday in 1789. This was requested for 26th November, Thursday, and since then the day has been marked as the first national holiday under the new constitution.
What gifts do you give on Thanksgiving?
You can consider giving various gifts such as chocolates, desserts, wine, flower bouquets, or book sets depending on the recipient’s preferences.
What is included in the Thanksgiving meal?
A traditional Thanksgiving dinner typically includes mashed potatoes, gravy, cranberry sauce, roasted turkey, stuffing, as well as beverages like wine and beer, along with desserts.
How can you show gratitude on Thanksgiving?
You can express thanks during Thanksgiving by volunteering at local charities, donating to food banks, or assisting those in need.
What is the average fat intake during Thanksgiving in America?
The average fat consumption during Thanksgiving in America is approximately 229 grams.
Thanksgiving Statistics 2024 By Spending, Demographics and Country
Data is from 2023 and 2024 and forecast data is for 2025 and 2026. We also expand the forecast data to 2027 and 2028.
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REFERENCES:
This information was taken from various sources around the world, including these countries:
Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.
Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.
Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.
Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.
Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.
Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.
Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.
Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.
Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.
Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.
Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.
Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.
Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.
Thanksgiving Statistics 2024 By Spending, Demographics and Country
August 13, 2024
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Publish date : 2024-08-18 14:28:00
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