The Business Research Company published its Specialty Foods Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Specialty Foods market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the specialty foods market’s segments-
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, Others
2) By Distribution Channel: Food Service, Retail, Online.
View Complete Report: https://www.thebusinessresearchcompany.com/report/specialty-foods-market-global-report-2020-30-covid-19-growth-and-change
Specialty Foods Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global specialty foods market is expected to decline from $165.06 billion in 2019 to $145.25 billion in 2020 at a compound annual growth rate (CAGR) of -12%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $209.47 billion in 2023 at CAGR of 12.98%.
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.
Few Points From Table Of Content
1. Executive Summary
2. Specialty Foods Market Characteristics
3. Specialty Foods Market Size And Growth
4. Specialty Foods Market Segmentation
5. Specialty Foods Market Regional And Country Analysis
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25. Specialty Foods Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Specialty Foods Market
27. Specialty Foods Market Trends And Strategies
28. Specialty Foods Market Future Outlook and Potential Analysis
29. Appendix
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Few Points From List Of Table
Table 1: Global Historic Market Growth, 2015-2019, $ Billion
Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 3: Global Specialty Foods Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
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Table 28: World Central Kitchen Financial Performance
Table 29: Eden Creamery Financial Performance
Table 30: AeroFarms Financial Performance
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