by the numbers
1952
The year that the Specialty Food Association
became incorporated. It marked its 70 year
anniversary on the opening day of the 2022
Winter Fancy Food Show in Las Vegas.
The rise in food price inflation in
January compared with the year prior.
7
%
$
28 billion
The growth projection for global sales of plant-based
meat alternatives, according to Bloomberg Intelligence.
Meat analogs using soy, beets, and other vegetable
products are regulated by the FDA, which plans to
publish a Draft Guidance for Industry this year.
Specialty Food's spring issue explores the restaurant industry's
attempt at coming back from COVID as it battles rising oil prices and
adjusts menus to soften the blow of record-high food cost inflation.
Following are some facts and figures from this issue.
$
898
billion
The projected volume of
restaurant industry sales in 2022,
down 11.5 percent from 2019
levels when adjusted for inflation,
according to the National
Restaurant Association's 2022
State of the Industry report.
The price that Shubie's
Marketplace would
have had to charge
per crab cake due to a
tripling in price from its supplier, amidst historical spikes
in food price inflation. Since it was not willing to pass on
the increase to shoppers, it turned away the shipment.
$
30
+
44 SPECIALTY FOOD SPECIALTYFOOD.COM
