Specialty Food and Beverage Sales Expected to Reach $207 Billion in 2023
The specialty food industry continues to thrive despite weathering challenges since 2020
Sales of specialty foods and beverages across all retail and foodservice channels neared $194 billion in 2022, up 9.3% 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.
The resilient specialty food industry continues to thrive despite weathering challenges since 2020.