The Growing Demand For Specialty Foods Driven By Millennials' Health-Conscious At-Home Cooking: Strategic Insights Driving Specialty Foods Market Momentum in 2025

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Specialty Foods Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Recent years have seen a swift expansion in the size of the specialty foods market. This market is projected to escalate from $264.03 billion in 2024 to a substantial $300.92 billion in 2025, marking a compound annual growth rate (CAGR) of 14.0%. This growth during the historic period can be linked to factors such as food regulations and standards, marketing and branding endeavors, the evolution of retail and distribution channels, shifting consumer preferences, and the burgeoning phenomenon of food tourism.

Specialty Foods Market Size Forecast: What's the Projected Valuation by 2029?
The specialty foods market is forecasted to experience a quick expansion in the ensuing years, achieving a market size of $473.56 billion by 2029 with a compound annual growth rate (CAGR) of 12.0%. This projected development during the forecast period can be credited to changes in the retail scenario, ingenuity in packaging and display, the influence of diversity and ethnic cuisines, clear labeling and transparency, and the surge in culinary tourism. The forecast period will also be characterized by major industry trends such as sales through online and direct-to-consumer channels, the use of storytelling in brand narratives, a localized and seasonal approach, introduction of innovative ingredients, and a rise in gourmet convenience foods.

View the full report here:
https://www.thebusinessresearchcompany.com/report/specialty-foods-global-market-report

What Are the Drivers Transforming the Specialty Foods Market?
The rise in millennials opting for healthy and homemade meals, along with an increased interest in consuming nutritious food for sustaining a healthy lifestyle, is fueling the demand for specialty food items. The Specialty Foods Association (SFA) reveals that millennials are two times more likely to prepare meals at home and accord higher importance to specialty items in order to derive unique and nutritious dining experiences. Additionally, a study by Culinary Visions, which interviewed in excess of 2,000 U.S. customers in March 2022, discovered that 91% of them derived pleasure from preparing food at home. Consequently, this surge in millennials' inclination towards home cooking and healthy food choices is projected to enhance revenue for the specialty food market in the foroming years.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3171&type=smp

What Long-Term Trends Will Define the Future of the Specialty Foods Market?
The advancement of high-end and creative products like plant-based, easily accessible, health-conscious, non-GMO products that offer authenticity, and unique features such as reduced fat, calorie, and sodium levels, high protein content, no dairy, and organic production, are leading trends in the specialty foods industry. For example, in July 2022, a company based in the Philippines known as Century Pacific Food Inc. introduced an ingenious plant-based substitute named 'unMEAT Fish-free Tuna'. This product is completely free of fish and made entirely from non-GMO plant-based ingredients. The product stands out for its unique design, low fat content, and the absence of mercury and trans-fats. The company has put careful thought into making sure the product stays true to the look, taste, and texture of tuna, despite being completely devoid of fish.

Which Segments in the Specialty Foods Market Offer the Most Profit Potential?
The specialty foods market covered in this report is segmented -

1) By Product Type: Cheese And Plant-Based Cheese, Frozen Or Refrigerated Meat, Poultry, And Seafood, Chips, Pretzels, And Snacks, Bread And Baked Goods, Other
2) By Consumer Generation: Gen-Z, Millennials, Gen-X, Baby Boomers
3) By Distribution Channel: Food Service, Retail, Online

Subsegments:
1) By Cheese And Plant-Based Cheese: Soft Cheese, Hard Cheese, Blue Cheese, Cream Cheese, Vegan Cheese
2) By Frozen Or Refrigerated Meat: Beef, Pork, Lamb, Processed Meat, Meat Alternatives
3) By Poultry And Seafood: Chicken, Turkey, Duck, Processed Poultry Products , Fresh Fish, Shellfish, Frozen Seafood, Smoked Seafood, Seafood Alternatives
4) By Chips: Potato Chips, Tortilla Chips, Puffed Snacks, Vegetable Chips
5) By Pretzels And Snacks: Hard Pretzels, Soft Pretzels, Pretzel Snacks, Nuts And Seeds, Trail Mix, Popcorn, Rice Cakes
6) By Bread And Baked Goods: Artisan Bread, Sourdough, Gluten-Free Bread, Flatbreads , Cakes, Pastries, Cookies, Muffins
7) By Others : Dark Chocolate, Milk Chocolate, White Chocolate, Chocolate Truffles, , Hard Candy, Licorice, Mints, Jams And Jellies, Sauces And Condiments, Pickles And Fermented Foods, Spices And Seasonings

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=3171&type=smp

Which Firms Dominate the Specialty Foods Market by Market Share and Revenue in 2025?
Major companies operating in the specialty foods market include Cargill Incorporated, Archer Daniels Midland Company, United Natural Foods Inc., Compass Group plc, DuPont de Nemours Inc., International Flavors & Fragrances Inc., Hormel Foods Corporation, Koninklijke DSM NV, Kerry Group plc, Ingredion Incorporated, Novozymes A/S, Tate & Lyle plc, AMCON Distributing Company, Lancaster Colony Corporation, Krispy Kreme Inc., Sensient Technologies, Calavo Growers Inc., The a2 Milk Company Limited, Chobani LLC, Amy's Kitchen Inc., Farmer Bros. Co., Beyond Meat Inc., Daily Harvest Inc., Bear Creek Corporation, American Spoon Foods Inc., Pacmoore Products Inc., AeroFarms LLC, Eden Creamery LLC, World Central Kitchen Inc., Axiom Foods Inc., Safe Catch Inc., Union Wine Company LLC

Which Regions Offer the Highest Growth Potential in the Specialty Foods Market?
Asia-Pacific was the largest region in the specialty foods market in 2024. Western Europe was the second-largest region in the specialty foods market report. The regions covered in the specialty foods market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3171

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.