e-News
|
|
Specialty food sales for 2011 top $75 billion - NASFT study |
03.30.2012
|
U.S. retail and foodservice sales of specialty foods and beverages rose 6.9 percent in 2011, topping $75 billion, according to new research from the National Association for the Specialty Food Trade. Among the products with the largest growth in demand are yogurt, energy bars, nut and seed butters and coffee drinks.
Cheese claims the top spot in spending for specialty foods, with $3.44 billion in retail sales in 2011. The next largest retail sales categories are meats, poultry and seafood; chips, pretzels and snacks; coffee, coffee substitutes and cocoa; and bread and baked goods. Functional beverages are the fastest growing segment, followed by yogurt and kefir.
STORY CONTINUES BELOWAdvertisement
These findings are presented in "The State of the Specialty Food Industry 2012", an annual report from the NASFT prepared in conjunction with market researchers Mintel International and SPINS. The report tracks sales of specialty food through supermarkets, natural food stores and specialty food retailers.
|
|
|
