Making Dollars and Sense of Specialty Food Statistics
According to Specialty Food Magazine’s State of the Specialty Food Industry 2008, the following foods are foremost on customers’ must-have list.
Percentage increase in sales between 2005-2007
But look what decreased in sales during that same period.
These last two categories don’t necessarily represent the entire world. If they’re selling well in your area, keep offering, buying, and selling them in gift baskets.
In 1992, this same report separated gift baskets into its own category, which is included in this statistical timeline.
Collecting those statistics were easier back then probably because there weren’t as many specialty food categories as there are today. Now, the only way to determine what’s popular and what’s not is reviewing:
Try your best not to turn your back on statistics that don’t include a gift basket category. Specialty foods’ statistics reveal what’s selling overall so that whether you’re in the first year or fifteenth year of business, you can better determine which type of inventory to buy.
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