NASFT estimates that there are some 120,000 Specialty Foods SKUs in the US marketplace today.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c23242) has announced the addition of Specialty Foods in the US - The NASFT NASFT National Association for the Specialty Food Trade State of the Industry Report - The Market to their offering. This report encompasses three years of sales data (2001-2003) for each of 36 segments, and discusses the positive and negative factors that may have a bearing on each segment's future growth or decline. New products in each segment, drawn from the GNPD GNPD Global New Products Database database, are included in order to illustrate either representative examples in each product class or to point out new avenues that a product class is taking. The new products included in this report are not meant to be a comprehensive list of every recent launch in each specialty food segment, but to serve as examples only. Also included in this report is a comprehensive look at distribution channels within the specialty food trade, from importer and broker to retailer. Specialty foods, products that have limited distribution and a reputation for high quality, have been steadily gaining in popularity as the American consumer has developed a more sophisticated and discerning palate palate (păl`ĭt), roof of the mouth. The front part, known as the hard palate, formed by the upper maxillary bones and the palatine bones, separates the mouth from the nasal cavity. . In fact, NASFT estimates that there are some 120,000 specialty foods SKUs in the marketplace today. A number of factors have contributed to this growth: globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation in the food industry, a greater interest in high-quality ingredients, and more disposable income disposable income Portion of an individual's income over which the recipient has complete discretion. To assess disposable income, it is necessary to determine total income, including not only wages and salaries, interest and dividend payments, and business profits, but also devoted to non-discretionary food purchases. In addition, a better-traveled consumer base has begun to seek out international foods in the U.S., spurred by a general change in eating patterns that includes more away-from-home eating. Paralleling the trend for international foods is a greater interest in regional American cuisines, a result of more sophisticated domestic travelers. At the same time, a more robust distribution network makes it possible to buy specialty foods in myriad venues from the Internet to the supermarket. This report is designed to serve as a benchmark for the industry as a whole and for the specific segments included here. Not included are products that cannot be adequately tracked with current scanner technology, including meat, poultry, cheese, fish, dairy, and bakery (when sold PLU PLU Pacific Lutheran University PLU People Like Us (LGBT community) PLU Price Look-Up PLU Primary Logical Unit PLU Product Look-Up PLU Phi Lambda Upsilon (National Chemistry Honor Society) or in bulk). Fresh fruit and vegetables and some products within other segments (e.g. some confectionery confectionery, delicacies or sweetmeats that have sugar as a principal ingredient, combined with coloring matter and flavoring and often with fruit or nuts. In the United States it is usually called candy, in Great Britain, sweets or boiled sweets. products) are also not included. Also excluded from this report are alcoholic beverages
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