Specialty Food Magazine is the leading publication for retailers, manufacturers and foodservice professionals in the specialty food trade. It provides news, trends and business-building insights that help readers keep their businesses competitive.
Issue link: https://specialtyfoodmagazine.epubxp.com/i/282647
16A ❘ THE STATE OF THE SPECIALTY FOOD INDUSTRY Ron Tanner is Specialty Food Association's vice president, philanthropy, government, and industry relations. SPECIALTY FOOD RETAILERS 2012 % Sales 2013 % Sales SHARE OF NATURAL/ETHICAL PRODUCT SALES All Natural 40 41 Non-GMO — 27 Local* 21 23 Organic 13 18 Sustainable 15 18 Eco-Friendly 9 15 Fair Trade 6 10 NON GMO As a service to Specialty Food Association members, Mintel/Specialty Food Association will be offering complimentary access to the entire 2014 State of the Specialty Food Industry research online. Access will be available beginning April 15. 70% 53% 58% 33% 48% 36% 47% 15% 42% 14% 12% 21% 21% 36% Local* Organic All Natural Non-GMO Sustainable Eco-Friendly Fair Trade *"Local" is defined as within 200 miles of operator Multiple answers accepted THE RETAILER VIEWPOINT: NATURAL/ETHICAL CLAIMS Source: Mintel Interests Consumers Most Today Will Grow the Most in the Next Three Years Specialty food retailers continue to show faith in the power of local products: 53 percent report it as the claim to show the most growth in the next three years. Unlike some of the other supply chain partici- pants, retailers are more optimistic about all-natural products. New entrant non-GMO saw 36 percent of retailers reporting it as a trait of interest to consumers today, and 47 percent say it will grow the most in the next three years. Multiple answers accepted Source: Mintel The top emerging cuisine according to retailers is once again Mediterranean, with 47 percent predicting this cuisine type will emerge in 2014. THE RETAILER VIEWPOINT: WHAT ARE THE EMERGING CUISINES? Mediterranean 47 Spanish 31 Latin, other than Mexican 26 Thai 25 Vietnamese 25 Indian 22 Italian 22 African 21 Korean 21 Eastern European 15 French 15 Caribbean 14 Other 12 Japanese 10 Mexican 10 Chinese 2 Russian 1 All-natural products continue to prove their worth, as they account for a larger share of sales, up from one-third in 2010 to 41 percent in 2013. Non-GMO makes a splash on the market with a greater share of sales than most other claims. Sales are increasing slightly across nearly all six claims . *"Local" is defined as within 200 miles of operator. Data may total 100 due to rounding. % Source: Mintel SOI_2014.indd 104 3/18/14 8:33 AM