Specialty Food Market Research Reveals Tracking, Forecasting
The Specialty Food Association (SFA) has released its annual State of the Specialty Food Industry Report, revealing that the specialty food market reached total sales of $175 billion in 2021, up 7.4% versus 5.8% the year before, when foodservice’s steep decline offset outsized gains in brick-and-mortar retail and e-commerce.
The annual research is an examination of market size and sales; dollar and unit sales growth; specialty food category penetration; and 10-year tracking and forecasting in key categories.