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.
Issue link: https://www.e-digitaleditions.com/i/654717
4A THE STATE OF THE SPECIALTY FOOD INDUSTRY Fifty-eight out of the 61 specialty food categories included in this year's report grew between 2013 and 2015, many by double digits. Two categories—refrigerated RTD tea and cofee and eggs—leapt by triple digits. The 10 top-selling categories are similar to last year. Cheese and cheese alternatives remains at the top and has grown 14.7 percent, but frozen and refrigerated meat, poultry, and seafood and chips, pretzels, and snacks have inched up to the number-two and -three spots, respectively. Refrigerated entrees SALES OF SPECIALTY FOOD BY SEGMENTS 2015 % Change $ Million Share 2013 – 2015 Cheese and Cheese Alternatives $4,312 7.7 14.7 Frozen and Refrigerated Meat, $3,631 6.5 23.1 Poultry, and Seafood Chips, Pretzels, and Snacks $3,448 6.1 22.3 Cofee, Cofee Substitutes, and Cocoa $3,183 5.7 17.3 (non-RTD) Bread and Baked Goods $2,578 4.6 14.7 Candy and Individual Snacks $2,160 3.9 21.4 Frozen Lunch and Dinner Entrées $1,891 3.4 21.4 Condiments, Dressings, and Marinades $1,862 3.3 10.4 Yogurt and Kefir $1,819 3.2 27.6 Refrigerated Entrées and Prepared Meals $1,743 3.1 34.5 1 2 3 4 5 6 7 8 9 10 T O P 5 S P E C I A LT Y F O O D C AT E G O R I E S W I T H H I G H E S T S A L E S G R OW T H 1 2 3 4 5 Dollar Sales % Unit Sales % Change 2013 – 2015 Change 2013 – 2015 Refrigerated RTD Tea and Cofee 262.2 301.6 Eggs 218.2 162.3 Jerky and Other Meat Snacks 68.4 60.1 Refrigerated Pasta 58.3 49.7 Water 51.4 43.9 T O P 5 S P E C I A LT Y F O O D C AT E G O R I E S W I T H L OW E S T S A L E S G R OW T H 1 2 3 4 5 Dollar Sales % Unit Sales % Change 2013 – 2015 Change 2013 – 2015 Frozen Juices and Beverages -45.0 -43.3 Shelf-Stable Non-dairy Beverages -5.4 -8.2 Cold Cereals -5.2 -7.3 Shelf-Stable Pasta 3.0 1.8 Pickles, Peppers, Olives, Other Vegetables 5.6 3.4 and prepared meals joined the top 10 after experiencing a 34.5 percent sales increase over the past two years. Unit sales of specialty foods grew 13.7 percent overall to 15.6 billion. Growth was led by refrigerated RTD tea and cofee, which grew a whopping 301.6 percent. Specialty food's market share of all food sales is 14.1 percent. Categories with the biggest growth in penetration are refriger- ated pasta and pizza sauces; refrigerated pasta; and refrigerat- ed RTD tea and cofee; and frozen meat alternatives. R E TA I L S A L E S O F S P E C I A LT Y F O O D : T O P 1 0 C AT E G O R I E S