Specialty Food and Beverage Sales Expected to Reach $207 Billion in 2023 According to State of the Specialty Food Industry 2023-24 Report

Sales of specialty foods and beverages across all retail and foodservice channels neared $194 billion in 2022, up 9.3 percent over 2021, and are expected to reach $207 billion by year’s end, according to the Specialty Food Association’s (SFA) annual State of the Specialty Food Industry Report.

Specialty Food Association Reveals Specialty Food Sales of $175 billion in State of the Specialty Food Industry Report

The Specialty Food Association (SFA) has released its annual State of the Specialty Food Industry Report, revealing that the specialty food market reached total sales of $175 billion in 2021, up 7.4 percent versus 5.8 percent the year before, when foodservice’s steep decline offset outsized gains in brick-and-mortar retail and ecommerce.

Specialty Food Sales Hit a High of $170.4B in Specialty Food Association State of the Specialty Food Industry Report

The Specialty Food Association (SFA) has released its annual State of the Specialty Food Industry Report, revealing that the specialty food market reached total sales of $170.4 billion in 2020, a 13 percent increase since 2018.