Culinology - June 2017 - 6
E M E RGI NG trends
Trends driving growth
in specialty food
Sales of specialty food and beverages hit
$127 billion, climbing 15% between 2014 and
2016, while all food sales at retail grew 2.3%,
according to the Specialty Food Association's
annual State of the Industry report, produced
with market research firms Mintel and SPINS/
IRI. The continued strong growth is driven
by product innovation and wider availability
of specialty food products in mass-market
outlets.
SALES BY RETAIL CHANNEL
Of specialty food, in millions of dollars
Mainstream stores
Specialty food stores
Natural food stores
Total
2014
$48,643
$6,361
$4,251
$59,255
% Share
82.1%
10.7%
7.1%
100%
% Change
'14-'16
16.8%
12%
14%
16.1%
Source: Specialty Food Association
6|
Culinolog y | JUNE 2017
"Consumer preferences for specialty food
products are growing at double digits, outpacing mainstream food staples," said Phil
Kafarakis, president of the Specialty Food
Association. "The products our members create appeal to consumers looking for authentic
tastes and foods with fewer and cleaner
ingredients."
Beverages and snacks rise
Specialty food represents nearly 15% of all
food sales at retail. Of the 61 specialty food
categories examined in the report, 57 grew,
while declines were recorded in frozen juices
and beverages; shelf-stable plant-based milks
and creamers; beans, grains and rice; and
cold cereals.
Specialty beverage sales, which account
for 18% of the total specialty retail market,
increased 24% from 2014 to 2016 to reach
$10.5 billion, led by growth in water; refrigerated juices and functional beverages; and
Table of Contents for the Digital Edition of Culinology - June 2017
PRESIDENT'S letter -- An evolving industry
EMERGING trends -- Trends driving growth in specialty food
EMERGING trends -- Tapping the power of pulses
INGREDIENT trends -- RISING STARS among ancient grains
LABELING trends -- Signs of the times
EDITORIAL -- Shifting animal welfare perceptions driving change across supply chain
MEMBER profile -- HITTING the mark
MEMBER profile -- A new voice in food
EXPERT voices -- INSIGHTS from Industry Trendsetters
INDUSTRYNEWS -- Positioned for the future
INDUSTRYNEWS -- RCA conference brings taste of Culinology to Puerto Rico
INDUSTRYNEWS -- RCA stirred it up in Puerto Rico
INDUSTRYNEWS -- RCA announces new officers
INDUSTRYNEWS -- Culinology awards honor industry leaders
PETITS fours -- Burger BOOM
PETITS fours -- Trends driving a category in transition
PETITS fours -- Plant-based trending? Think again, says NPD
PETITS fours -- Global savory snack market ripe for growth
PETITS fours -- How Tyson Tastemakers is changing the game
NEWS bites
Culinology - June 2017 - 1
Culinology - June 2017 - 2
Culinology - June 2017 - 3
Culinology - June 2017 - PRESIDENT'S letter -- An evolving industry
Culinology - June 2017 - 5
Culinology - June 2017 - EMERGING trends -- Trends driving growth in specialty food
Culinology - June 2017 - 7
Culinology - June 2017 - 8
Culinology - June 2017 - 9
Culinology - June 2017 - EMERGING trends -- Tapping the power of pulses
Culinology - June 2017 - 11
Culinology - June 2017 - INGREDIENT trends -- RISING STARS among ancient grains
Culinology - June 2017 - 13
Culinology - June 2017 - 14
Culinology - June 2017 - 15
Culinology - June 2017 - 16
Culinology - June 2017 - 17
Culinology - June 2017 - 18
Culinology - June 2017 - LABELING trends -- Signs of the times
Culinology - June 2017 - 20
Culinology - June 2017 - 21
Culinology - June 2017 - 22
Culinology - June 2017 - 23
Culinology - June 2017 - 24
Culinology - June 2017 - EDITORIAL -- Shifting animal welfare perceptions driving change across supply chain
Culinology - June 2017 - MEMBER profile -- HITTING the mark
Culinology - June 2017 - 27
Culinology - June 2017 - MEMBER profile -- A new voice in food
Culinology - June 2017 - 29
Culinology - June 2017 - EXPERT voices -- INSIGHTS from Industry Trendsetters
Culinology - June 2017 - 31
Culinology - June 2017 - 32
Culinology - June 2017 - 33
Culinology - June 2017 - INDUSTRYNEWS -- Positioned for the future
Culinology - June 2017 - INDUSTRYNEWS -- RCA conference brings taste of Culinology to Puerto Rico
Culinology - June 2017 - INDUSTRYNEWS -- RCA stirred it up in Puerto Rico
Culinology - June 2017 - 37
Culinology - June 2017 - INDUSTRYNEWS -- RCA announces new officers
Culinology - June 2017 - 39
Culinology - June 2017 - INDUSTRYNEWS -- Culinology awards honor industry leaders
Culinology - June 2017 - 41
Culinology - June 2017 - 42
Culinology - June 2017 - 43
Culinology - June 2017 - PETITS fours -- Burger BOOM
Culinology - June 2017 - PETITS fours -- Plant-based trending? Think again, says NPD
Culinology - June 2017 - PETITS fours -- How Tyson Tastemakers is changing the game
Culinology - June 2017 - 47
Culinology - June 2017 - NEWS bites
Culinology - June 2017 - 49
Culinology - June 2017 - 50
Culinology - June 2017 - 51
Culinology - June 2017 - 52
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