Specialty Foods Earned $140.3 Billion in Sales in 2017

Specialty Foods Earned $140.3 Billion in Sales in 2017
  • Specialty foods sales are surging within the past three years.

  • Earning $140.3 billion in sales in 2017 alone.

Jerky and meat snacks, ready-to-drink coffee and tea, rice cakes, and water. What’s one thing that all these products have in common?

These are some of the specialty food categories that have seen the highest dollar growth from 2015 to 2017.

Overall, specialty food sales have risen 11 percent in the past three years, according to the Specialty Food Association. Raking in $140.3 billion last year, this segment has grown faster than all food sold at retail.


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Coffee Chain Powerhouse Starbucks Launches Plant-Based Coffee Smoothies with Almond Milk

Coffee Chain Powerhouse Starbucks Launches Plant-Based Coffee Smoothies with Almond Milk
  • Dairy-free smoothies are on the rise.

  • Starbucks launches two new almond milk based bottled beverages.

100 percent dairy-free, grab-and-go “Doubleshot Coffee Smoothies”, are a result of highly demanded plant-based options from Starbucks. Available in both dark chocolate-banana and vanilla-honey-banana, the smoothies are made with almond milk.


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7 Strategies for Building a More Effective Beverage Program

7 Strategies for Building a More Effective Beverage Program

Every drop counts! Beverages arguably play a larger role in the industry today than they ever did before! 

You could try and make everyone happy by offering dozens of options at your restaurant, cafe, or bar, but we all know that’s likely not going to happen. An establishment needs to carefully consider their beverage menu, whether alcohol-focused or not, and offer one that is balanced, targeted, and one that fits their concept.

Many operators continue to face a challenge, however, when it comes to developing an effective beverage strategy. As with its food counter-part, consumers are more educated today about beer, cocktails, wine, coffees, sodas, and even a variety of waters. They understand retail prices and flavor profiles because they’ve become (or think they’ve become) a barista, mixologist, and/or wine & beer connoisseur at home. When they’re dining out or visiting a bar now, they crave something that’s ‘differentiated.’ 

How can restaurants, cafes, and bars take advantage of this segment and develop a memorable, consistent, and profitable beverage strategy that creates differentiation? Here are some tips to review when creating or re-engineering your next beverage menu. 

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The Booming Business of Coffee and Tea

The Booming Business of Coffee and Tea

On this Special Podcast recorded at Foodable.io, brought to you by Kabbage, we get to discuss the massive growth and new innovation in the beverage scene. In this episode, Host Yareli Quintana leads the discussion about the creative process of developing an artisan beverage, the nuances of sourcing, and personalizing experiences to gain customer loyalty.

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Coffee & Yogurt: JoeFroyo's Functional Cold Brew Provides Probiotics without the Lactose

Coffee & Yogurt: JoeFroyo's Functional Cold Brew Provides Probiotics without the Lactose

President and Founder of JoeFroyo, Zach Miller, came up with the idea for JoeFroyo Functional Cold Brew after years in the retail coffee and frozen yogurt industries.

“One of our most popular menu items was what we called the ‘Yo-gato’ –vanilla frozen yogurt with one or two shots of espresso floated on top,” said Miller in a press release.

Foodable went to NRA 2018 with the goal of finding top innovators in the Technology, Chef Equipment, and Specialty Food categories. Miller's realization of the opportunity in the beverage category is why Foodable chose JoeFroyo as one of our Specialty Food favorites. As the functional beverage category began to take off, Miller realized combining espresso with the health benefits from frozen yogurt could fill a gap in the functional beverage market.

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