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Specialty Foods Global Market Report 2022

Published: Pre-Order | The Business Research Company | 400 Pages | Delivery time: 2-10 business days

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Specialty Foods Global Market Report 2022
Published: Pre-Order
The Business Research Company
Content info: 400 Pages
Delivery time: 2-10 business days
  • Description
  • Table of Contents

Specialty Foods Global Market Report 2022 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global specialty foods market.

This report focuses on the specialty foods market which is experiencing strong growth. The report gives a guide to the specialty foods market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

RReasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Where is the largest and fastest growing market for the specialty foods? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Specialty Foods market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider specialty foods market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The specialty foods market section of the report gives context. It compares the specialty foods market with other segments of the specialty foods market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, specialty foods indicators comparison.

Scope

Markets Covered: 1) By Product Type: Cheese and Plant-based cheese; Frozen or refrigerated meat, poultry, and seafood; Chips, Pretzels, and Snacks; Bread and Baked goods; Chocolate and Other Confectionery; Other Product Types

2) By Distribution Channel: Food Service; Retail; Online

3) By Consumer Generation: Gen-Z; Millennials; Gen-X; Baby Boomers

Companies Mentioned: Compass Group; Chobani; World Central Kitchen; Eden Creamery; AeroFarms

Countries: Brazil; China; France; Germany; India; Indonesia; Japan; South Korea; Russia; UK; USA; Australia

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions; per capita expenditure.,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Executive Summary

Major players in the market are Compass Group, Chobani, World Central Kitchen, Eden Creamery, AeroFarms, Safe Catch Foods, Union Wine Co., Daily Harvest, a2 Milk, Amy's Kitchen

The global specialty foods market is expected to grow from $158.87 billion in 2021 to $170.21 billion in 2022 at a compound annual growth rate (CAGR) of 7.1%. The market is expected to grow to $224.88 billion in 2026 at a compound annual growth rate (CAGR) of 7.2%.

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 main product type are cheese and plant-based cheese, frozen or refrigerated meat, poultry, and seafood, chips, pretzels, and snacks, bread and baked goods, chocolate and other confectionery, and others. Cheese is nutritious food made mostly from the milk of cows and also from other mammals, including sheep, goats, buffalo, reindeer, camels and yaks. Plant based cheeses are made from a variety of nuts, most commonly cashews, almonds, and macadamias. The various type of distribution channels are food service, retail, and online.

Asia Pacific was the largest region in the speciality foods market in 2021. Western Europe was the second-largest region in the speciality foods market.The regions covered in the specialty food market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The growth in the number of millennials preferring at-home and healthy meals coupled with growing interest in having nutritious food for a healthy lifestyle is increasing the demand for specialty foods. According to Specialty Foods Association (SFA), millennials are twice likely to plan at-home meals and giving high preferences for specialty products to create interesting and healthy eating experiences. Moreover, according to the research from the NDP Group in 2019, millennials, gen X, and baby boomers are expected to eat more meals at home. Thus, growth in at-home cooking activities of millennials and preferences for healthy foods is anticipated to boost the revenue for specialty foods market over the forthcoming years.

The high cost of specialty food is likely to hinder the growth of the specialty foods market during the period. Specialty foods are made from high-quality ingredients such as gluten-free, non-GMO, and ingredients rich in vitamins and minerals, thus include a higher cost of raw materials. According to specialty foods association, the high cost of ingredients, certifications, and production is increasing the prices of specialty foods making it unaffordable for the large group of the populace. Therefore, the high cost of specialty foods is predicted to hinder the growth of the specialty foods market during the forecast period.

The launch of high quality and innovative products such as plant-based, convenience, better-for-you, non-GMO products with authenticity, and products with unique attributes such as low fat, low calorie, low sodium, high protein, no dairy and organic is a major trend shaping the growth of the specialty foods industry. For instance, in February 2020, PANOS Brands, engaged in production and sales of a unique portfolio of specialty and natural brands announced the launch of its new products which includes Amore Organic Ready-To-Eat Legumes, KA*ME Asian Rice Crackers, Amore Organic Ready-To-Eat Legumes, Chatfield's premium allergen-safe Organic Baking Bars, Andrew & Everett rBGH-BST Hormone Free Melting Cheese, and MI-DEL Organic Apple Cinnamon Cookies. Therefore, the launch of new innovative and healthy products is likely to be a major trend driving the sales of the specialty foods industry.

In April 2021, Brazilian based JBS SA, a meat processing company, announced that it will acquire Vivera, a European plant-based food company, for €

341 million ($410 million). The deal includes three manufacturing facilities and a research and development center located in the Netherlands. This acquisition is an important step to strengthen JBS SA global plant-based protein platform, for the same Vivera will give JBS a stronghold in the plant-based sector, with technological knowledge and capacity for innovation. Vivera produces a range of plant-based meat replacement products and these products are distributed to retailers in more than 25 countries across Europe.

The countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

Product Code: r1707

Table of Contents

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

  • 5.1. Global Specialty Foods Historic Market, 2016-2021, $ Billion
    • 5.1.1. Drivers Of The Market
    • 5.1.2. Restraints On The Market
  • 5.2. Global Specialty Foods Forecast Market, 2021-2026F, 2031F, $ Billion
    • 5.2.1. Drivers Of The Market
    • 5.2.2. Restraints On the Market

6. Specialty Foods Market Segmentation

  • 6.1. Global Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Cheese and Plant-based cheese
  • Frozen or refrigerated meat, poultry, and seafood
  • Chips, Pretzels, and Snacks
  • Bread and Baked goods
  • Chocolate and Other Confectionery
  • Other Product Types
  • 6.2. Global Specialty Foods Market, Segmentation By Distribution Channel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Food Service
  • Retail
  • Online
  • 6.3. Global Specialty Foods Market, Segmentation By Consumer Generation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Gen-Z
  • Millennials
  • Gen-X
  • Baby Boomers

7. Specialty Foods Market Regional And Country Analysis

  • 7.1. Global Specialty Foods Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 7.2. Global Specialty Foods Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

8. Asia-Pacific Specialty Foods Market

  • 8.1. Asia-Pacific Specialty Foods Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
  • 8.2. Asia-Pacific Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

9. China Specialty Foods Market

  • 9.1. China Specialty Foods Market Overview
  • 9.2. China Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

10. India Specialty Foods Market

  • 10.1. India Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

11. Japan Specialty Foods Market

  • 11.1. Japan Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

12. Australia Specialty Foods Market

  • 12.1. Australia Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

13. Indonesia Specialty Foods Market

  • 13.1. Indonesia Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

14. South Korea Specialty Foods Market

  • 14.1. South Korea Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

15. Western Europe Specialty Foods Market

  • 15.1. Western Europe Specialty Foods Market Overview
  • 15.2. Western Europe Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

16. UK Specialty Foods Market

  • 16.1. UK Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

17. Germany Specialty Foods Market

  • 17.1. Germany Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

18. France Specialty Foods Market

  • 18.3. France Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

19. Eastern Europe Specialty Foods Market

  • 19.1. Eastern Europe Specialty Foods Market Overview
  • 19.2. Eastern Europe Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

20. Russia Specialty Foods Market

  • 20.1. Russia Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

21. North America Specialty Foods Market

  • 21.1. North America Specialty Foods Market Overview
  • 21.2. North America Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

22. USA Specialty Foods Market

  • 22.1. USA Specialty Foods Market Overview
  • 22.2. USA Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

23. South America Specialty Foods Market

  • 23.1. South America Specialty Foods Market Overview
  • 23.2. South America Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

24. Brazil Specialty Foods Market

  • 24.1. Brazil Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

25. Middle East Specialty Foods Market

  • 25.1. Middle East Specialty Foods Market Overview
  • 25.2. Middle East Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

26. Africa Specialty Foods Market

  • 26.1. Africa Specialty Foods Market Overview
  • 26.2. Africa Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

27. Specialty Foods Market Competitive Landscape And Company Profiles

  • 27.1. Specialty Foods Market Competitive Landscape
  • 27.2. Specialty Foods Market Company Profiles
    • 27.2.1. Compass Group
      • 27.2.1.1. Overview
      • 27.2.1.2. Products and Services
      • 27.2.1.3. Strategy
      • 27.2.1.4. Financial Performance
    • 27.2.2. Chobani
      • 27.2.2.1. Overview
      • 27.2.2.2. Products and Services
      • 27.2.2.3. Strategy
      • 27.2.2.4. Financial Performance
    • 27.2.3. World Central Kitchen
      • 27.2.3.1. Overview
      • 27.2.3.2. Products and Services
      • 27.2.3.3. Strategy
      • 27.2.3.4. Financial Performance
    • 27.2.4. Eden Creamery
      • 27.2.4.1. Overview
      • 27.2.4.2. Products and Services
      • 27.2.4.3. Strategy
      • 27.2.4.4. Financial Performance
    • 27.2.5. AeroFarms
      • 27.2.5.1. Overview
      • 27.2.5.2. Products and Services
      • 27.2.5.3. Strategy
      • 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Specialty Foods Market

29. Specialty Foods Market Future Outlook and Potential Analysis

30. Appendix

  • 30.1. Abbreviations
  • 30.2. Currencies
  • 30.3. Research Inquiries
  • 30.4. The Business Research Company
  • 30.5. Copyright And Disclaimer