Together the duo are creating a “one-stop shop or scaling up fermentation production,” which has been notoriously limited, with the ultimate goal of making plant proteins more “authentic” and appealing to consumers, company co-founder and CEO James Petrie told FoodNavigator-USA. By improving the consumer experience of plant-based protein with the addition of flavorful specialty fats, Petrie says Nourish can help the category overcome the current “backlash” of consumers who are eager to try their products but ultimately are unsatisfied with […]
Specialty
Beverages are big, the plant-based market is evolving and consumers are flocking to smaller format stores. Those are some conclusions from the annual State of the Specialty Food Industry Report published by the New York City-based Specialty Food Association (SFA). According to the SFA, the specialty food market topped $175 billion in 2021, up a healthy 7.4% from the previous year. The overall market is led by the top 10 categories of meat/poultry/seafood, cheese/plant-based cheese, chips/pretzels/snacks, bread/baked goods, coffee/hot-cocoa, refrigerated entrees, […]
NEW YORK — Familiarity and comfort are key when it comes to the $170.4 billion specialty food industry, according to the Specialty Food Association’s (SFA) trendspotting panel. Members of the panel researched thousands of specialty food and beverage products from across the globe. Denise Purcell, vice president of content and education for the SFA, used those findings to identify five trends that will drive growth in specialty foods consumption in 2022. “As we head into a second year of the […]
