Wednesday, March 18, 2026

Specialty food and beverage sales expected to reach $207B in 2023, according to report

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NEW YORK — 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 annual “State of the Specialty Food Industry Report.”

The specialty market is composed of 63 food and beverage categories which combined account for nearly 22 percent of retail food and beverage sales. Chips, pretzels, snacks was the highest-selling specialty food category at retail in 2022, moving up from third place in 2021 and becoming the first. . .

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