research
AnythingResearch - Industry Analysis and Market Research Reports
Better Data, Better Decisions
AnythingResearch

2018 Market Analysis & Industry Outlook: Specialty Food Stores


Overview: the U.S. Specialty Food Stores Industry

This section provides answers to key questions about the industry:

  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?


Market Size & Industry Statistics

The total U.S. industry market size for Specialty Food Stores: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)


Order at top of page
Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.



market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Specialty Food Stores industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Groceries & Other Food Items For Human Consumption Off The Premises

Produce, Including Fresh & Prepackaged Fruits & Vegetables

Frozen Foods, Including Packaged Foods Sold In A Frozen State

Dairy Products & Related Foods, Including Milk, Cheese, Butter, Yogurt, Eggs.

Bakery Products Not Baked On The Premises, Excluding Frozen

Delicatessen Items, Including Deli Meats & Other Service Deli Items

Meat & Poultry, Including Prepackaged Meats

Fish & Seafood, Including Refrigerated Prepackaged Fish & Seafood

Candy, Prepackaged Cookies, & Snack Foods

Bottled, Canned, Or Packaged Soft Drinks & Other Nonalcoholic Beverages

All Other Groceries & Food Items

Lawn, Garden, & Farm Equipment & Supplies

Meals, Unpackaged Snacks, Sandwiches, Unpackaged Ice Cream & Yogurt, Bakery Items, Other Food Items & Nonalcoholic Beverages Prepared

All Other Meals & Snacks, Including Hot Coffee, Fountain Drinks & Prepared Sandwiches.



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Specialty Food Stores Industry Price Trends

Rise and fall in market prices are affectedd by supply, demand, and the cost of goods/services sold. Higher demand or COGS will put upward price pressure on prices. Higher competition among Specialty Food Stores companies will put a downward pressure on prices. The chart shows how prices are changing within the industry, month-to-month over the last three years.

example price index trendline

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

Order at top of page
Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Specialty Food Stores company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Specialty Food Stores industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Specialty Food Stores measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 2%

Order at top of page
Chief Executives0%
General and Operations Managers2%
Food Preparation and Serving Related Occupations 20%
Cooks and Food Preparation Workers 7%
Food Preparation Workers 6%
Food Preparation Workers 6%
Food and Beverage Serving Workers 11%
Fast Food and Counter Workers 10%
Combined Food Preparation and Serving Workers, Including Fast Food 8%
Sales and Related Occupations 45%
Retail Sales Workers 39%
Cashiers 21%
Cashiers 21%
Retail Salespersons 17%
Retail Salespersons 17%
Office and Administrative Support Occupations 9%
Material Recording, Scheduling, Dispatching, and Distributing Workers 5%
Production Occupations 13%
Food Processing Workers 12%
Butchers and Other Meat, Poultry, and Fish Processing Workers 8%
Butchers and Meat Cutters 5%
Transportation and Material Moving Occupations 7%
Source: Bureau of Labor Statistics


Specialty Food Stores Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate









Innovation News

  • Clasen Quality Coatings trademarks "GOURMET ARTISAN ORGANIC KETTLE CHOCOLATE" - Confectionery coatings - 03/03/2018
  • Jamba Juice trademarks "BANANA MAN" - Organizing, arranging, and conducting running events - 03/03/2018
  • Panera Holdings patents Systems And Methods For Analyzing Restaurant Operations - 03/01/2018
  • Metropolitan Baking trademarks "KORDAS'" - Breads, Namely, Sandwich Breads, Variety Breads, Pita Breads, Rolls and Buns - 02/24/2018
  • Tiff's Treats Holdings raises $2 million in funding. - 11/27/2017
  • Teforia patents Apparatus And Method Of Multi-course Infusion For Brewing Tea And Other Beverages - 06/08/2017
  • Starbucks patents Beverage Dispensing Systems And Methods - 03/23/2017
  • Philz Coffee raises $10 million in funding. - 09/13/2016
  • Blue Coast Burrito raises $2 million in funding. - 04/29/2016




  • Top Innovators

    CompanyInnovation Score
    Starbucks462
    Decopac55
    Your Energy Systems24
    Jamba Juice

    Additional companies, details and innovation scoring in the full report.

    Latest Industry News

    • Gourmet on the go, eating well for less & cold-weather comfort foods are all in store on 'The Chew' - 2018 is underway and "The Chew's" Emmy Award-winning co-hosts Michael Symon, Clinton Kelly and Carla Hall are helping viewers keep their New Year's resolutions with recipes, expert tips and a large serving of fun. "The Chew" listings for the week of Jan. 8 ... (01/11/2018)
    • After Seven Years at Farmers Markets and Grocery Stores, Melina's Fresh Pasta Opens a Storefront - It's a stark contrast to the grand-opening buzz of the new store a few weeks earlier ... Like many first-generation Americans, Alvaro has childhood memories that revolve around food traditions that followed her parents from their native Calabria, Italy ... (01/11/2018)
    • Food Recovery Efforts at Seton Hall Show First Year Success - Gourmet Dining Services CEO ... The students then weigh the food, mark it, and store everything away. The next day they come and take the food, put it in their cars and deliver it to their partners. The organization's executive board on campus is composed ... (01/10/2018)
    • The best grocery store in every state - Note that this report excludes small specialty and gourmet markets and focuses on the ... Check below to see if your favorite store made our list of the best grocery store in every state. (01/10/2018)
    • Harvard Square store eyes Seaport location - A longtime Harvard Square specialty food store appears ready to cross the Charles River and open a Boston location. Cardullo’s Gourmet Shoppe, in business since 1950, is seeking an all-alcohol package store license for 101 Seaport Blvd. on the South ... (01/10/2018)
    • Bend food makers watch for openings at Whole Foods - which makes its gourmet nut-butter spreads in Bend. Five years ago, Moore was delivering products to the Bend Whole Foods in person and shipping directly to a store in Portland. Whole Foods eventually took on the product in its Pacific Northwest and ... (01/10/2018)
    • Whole Foods names Wescoe to lead Northeast - Wescoe, a 24-year veteran of Whole Foods, most recently had been regional VP in the mid-Atlantic region, where she began her career as a team leader in the bakery, specialty and grocery ... the customer experience in our stores is incredibly inspiring.” (01/09/2018)
    • Taste test: Our favorite foods from the past six months - refrigerators and freezers of local grocery stores. We shop primarily at Publix, Winn-Dixie, Walmart, Fresh Market, Trader Joe’s, Target and Whole Foods. Sometimes, if we are looking for a specialty item, we hit smaller, neighborhood grocers. But our ... (01/08/2018)
    • Grocery store with specialty Asian items opens Tuesday in North Sacramento - A grocery store that also features specialty items from southeast and eastern Asia will open Tuesday in North Sacramento. Super X Market will host grand-opening festivities from 10 a.m. to noon at 2711 Fairfield St., just north of the intersection of El ... (12/29/2017)


    Government Contracts

    In 2016, the federal government spent a total of $489,195 on Specialty Food Stores. It has awarded 59 contracts to 21 companies, with an average value of $23,295 per company.   

    Top government vendors:

    CompanyFederal ContractsTotal Award Amount



    Growth Opportunities / Competitive Threats

    Companies in other industries may also sell similar products. Since there is an overlap in the customer base, there may be an opportunity for companies in Specialty Food Stores to sell additional products/services offered by these adjacent industries. Alternatively, these industries may identify further products in this industry to target. Products most at risk are those with the highest profit margins and lowest barriers to entry.

    The following industries are competing channels for sales of similar products/services.

    Meat, Fish, Seafood & Poultry, Including Prepack Meats Req Refrigeration
    Competing IndustrySales Relative to Specialty Food StoresOpportunity/Threat
    Supermarkets & Grocery Stores
    Warehouse Clubs, Supercenters & Big Box Retail
    Meat Markets Competing industry
    Fish & Seafood Markets Competing industry

    Sales from other industries of Meat, Fish, Seafood & Poultry, Including Prepack Meats Req Refrigeration are less than those from Specialty Food Stores. This may mean that other channels are a competitive risk of increasing their Meat, Fish, Seafood & Poultry, Including Prepack Meats Req Refrigeration sales, taking market share from this industry.
    Meat, Fish, Seafood & Poultry, Including Prepack Meats Req Refrigeration Product Sales Report



    Produce, Including Fresh & Prepackaged Fruits & Vegetables
    Competing IndustrySales Relative to Specialty Food StoresOpportunity/Threat
    Supermarkets & Grocery Stores
    Warehouse Clubs, Supercenters & Big Box Retail
    Fruit & Vegetable Markets Competing industry

    Sales from other industries of Produce, Including Fresh & Prepackaged Fruits & Vegetables are less than those from Specialty Food Stores. This may mean that other channels are a competitive risk of increasing their Produce, Including Fresh & Prepackaged Fruits & Vegetables sales, taking market share from this industry.
    Produce, Including Fresh & Prepackaged Fruits & Vegetables Product Sales Report



    Bakery Products Not Baked On The Premises, Excluding Frozen
    Bakery Products Not Baked On The Premises, Excluding Frozen Product Sales Report

    Candy
    Candy Product Sales Report

    Dairy Products & Related Foods, Including Milk, Cheese, Butter
    Dairy Products & Related Foods, Including Milk, Cheese, Butter Product Sales Report

    Frozen Foods, Including Packaged Foods Sold In A Frozen State
    Frozen Foods, Including Packaged Foods Sold In A Frozen State Product Sales Report

    Meals, Snacks And Beverages Prepared For Immediate Consumption
    Meals, Snacks And Beverages Prepared For Immediate Consumption Product Sales Report

    Bottled, Canned, Or Packaged Soft Drinks
    Bottled, Canned, Or Packaged Soft Drinks Product Sales Report

    Lawn, Garden, & Farm Equipment & Supplies
    Lawn, Garden, & Farm Equipment & Supplies Product Sales Report

    Kitchenware & Home Furnishings
    Kitchenware & Home Furnishings Product Sales Report



    Related Reports

    Can't find what you're looking for? We have over a thousand market research reports. Ask us and an analyst will help you find what you need.

    Industries Related to Specialty Food Stores

    Specialty Food Stores