Specialty Foods Market
The Business Research Company offers “Specialty Foods Global Market Report 2021 – By Product Type (Cheese And Plant-Based Cheese, Frozen Or Refrigerated Meat, Poultry, Seafood, Chips, Pretzels, Snacks, Bread And Baked Goods, Chocolate), By Distribution Channel (Food Service, Retail, Online), By Consumer Generation (Gen-Z, Millennials, Gen-X, Baby Boomers), COVID-19 Growth And Change” in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
The specialty foods market report describes and explains the global specialty foods market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The market for specialty foods consists of sales of specialty foods and their related services. Specialty foods are made from high quality ingredients and have limited distribution with unique or beautiful packaging. The specialty foods consist of cheese & plant-based cheese, non-RTD cocoa and coffee, refrigerated and frozen poultry/seafood/meat, yogurt, candy, pretzels/snacks/chips, bread & baked goods, and others.
The global specialty foods market is expected grow from $138.79 billion in 2020 to $161.52 billion in 2021 at a compound annual growth rate (CAGR) of 16.4%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $247.2 billion in 2025 at a CAGR of 11%.
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Some of the major players of the specialty foods market are Compass Group, Chobani, World Central Kitchen, Eden Creamery, AeroFarms, Safe Catch Foods, Union Wine Co., Daily Harvest, a2 Milk, Amy’s Kitchen, Archer Daniels Midland Company, E.I. du Pont de Nemours and Company, Cargill, Incorporated, Kerry Group, Ingredion Incorporated, Tate & Lyle PLC, Pacmoore Products Inc.
The countries covered in the global specialty foods market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global specialty foods market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global specialty foods market is segmented –
1) By Product Type: Cheese and Plant-based Cheese, Frozen or Refrigerated Meat, Poultry, Seafood, Chips, Pretzels, Snacks, Bread and Baked Goods, Chocolate and Other Confectionery, Others
2) By Distribution Channel: Food Service, Retail, Online
3) By Consumer Generation: Gen-Z, Millennials, Gen-X, Baby Boomers
Read More On The Global Specialty Foods Market Report:
Few Points From Table Of Content
1. Executive Summary
2. Specialty Foods Market Characteristics
3. Specialty Foods Market Trends And Strategies
4. Impact Of COVID-19 On Specialty Foods
5. Specialty Foods Market Size And Growth
26. Africa Specialty Foods Market
27. Specialty Foods Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Specialty Foods Market
29. Specialty Foods Market Future Outlook and Potential Analysis
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