Specialty Food Magazine

Summer 2021

Specialty Food Magazine is the leading publication for retailers, manufacturers and foodservice professionals in the specialty food trade. It provides news, trends and business-building insights that help readers keep their businesses competitive.

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SUMMER 2021 33 15.1% 22.7% 11.7% 1.6% 17.6% 14.3% 9.0% 12.2% 24.0% 15.2% New for 2021, SFA also looked at sales performance for the top specialty food and beverage subcategories. Sandwich staples like refrigerated cheese and deli meat grew the most in 2020. Bread loaves logically grew as well, though not as fast. COVID adversely impacted several key subcategories, too. Grab-and-go items like yogurt grew slower than the market, as lockdown closed o‚ces and schools and consumers no longer turned to these convenience foods as frequent- ly. Despite chocolate's universal appeal, the subcategory didn't grow nearly as fast as the market, which indicates that consumers were to some degree focusing on necessary versus indulgent products. Overall, some of these growth rates are lower than one might expect given the popularity of some subcategories. However, even prior to COVID, these fairly mature subcategories were often growing more modestly than average. Con- sumer trade down to conventional products or private labels due to economic concerns over the past year is another contributing factor. Does not include retailers' private-label sales, specialty food perishables (PLU or random-weight specialty items sold in a supermarket's bakery, deli, meat, and seafood sections), or sales through online or foodservice channels. *Rankings are based on dollar sales from raw SPINS data. We only tabulate YoY growth here because our methodology for estimating total retail dollar sales does not include granularity down to the subcategory level. **Due to the complexity of our methodology, only YoY growth is tabulated from raw SPINS data. SOURCE: SPINS/SFA by 2020 Sales with Growth 2019-2020 0% 5% 10% 15% 20% 25% 30% Specialty Food — What is Selling Now Cheese, sliced and snack (Refrigerated) Deli meat Milk Sushi (Refrigerated) Bread loaves Ice cream Yogurt (Refrigerated) Chocolate Cheese (Refrigerated) Cošee beans and grounds Top 10 Subcategories

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