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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36 SPECIALTY FOOD SPECIALTYFOOD.COM The overall specialty market is expected to grow 4.4 percent in CAGR by 2025. Center store received a good boost that will carry on through 2025. Pre-COVID, several pantry categories were growing CAGR about average to the entire spe- cialty market or slightly above it. But following extremely strong performance in 2020, they're forecasted to see sustained growth through 2025, thanks to developing consumer habits and preferences in the kitchen. A few categories were sluggish before the pandemic due to maturation, consumer preferences for fresh alternatives, and foodservice's appeal. But, a strong 2020 has recalibrated them to some extent, and they are forecast to see a lift through 2025. Five-Year Forecasts COVID-19 Impact on Category Sales Baking mixes, ingredients, flours Sauces, pasta, pizza (Shelf stable) Seasonings Soup COVID-Influenced Categories that will Beans, grains, rice – dry (Shelf stable) Oils and vinegars Pasta (Shelf stable) Pickles, olives (Shelf stable) by COVID Categories Reinvigorated Continue to Grow

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