Specialty Food Stores Industry
Insights from D&B Hoovers

Industry Overview

Description

Companies in this industry sell products such as meat, fish, fruits and vegetables, baked goods, candy, and gourmet foods from physical retail locations, often specializing in a single product category. No major companies dominate the industry.

Competitive Landscape

Consumer spending and tastes drive demand. The profitability of individual companies depends on effective merchandising and the ability to generate store traffic. Large companies can offer a wide selection of products and have advantages in purchasing, distribution, and marketing. Small companies can compete effectively by offering locally sourced and specialty products, providing superior service, or serving a local market. The US industry is highly fragmented: the 50 largest companies account for less than 20% of sales.

Products, Operations & Technology

Major products sold by specialty food stores include meat, fish, and poultry (about 40% of sales); produce (about 15%); and baked goods and candy (about 10% each). Other products include dry grocery products, cheeses and other dairy products, prepared foods, and kitchenware. Companies may place special orders for customers looking for unique items.

Geographic Segmentation

See where the Specialty Food Stores industry is concentrated geographically and research companies by financials and key corporate data.

Try D&B Hoovers for Free

See how easy it is to find qualified sales leads that align to your target markets and be better prepared to engage with decision makers so you can win their business every time with the new D&B Hoovers.Get a Free Trial
Start Live ChatChat

*Required Fields

FREE Alerts to Changes in Your D&B® Credit Scores!* Sign Up. Get CreditSignal® for FREE!*
Try D&B Credit FREE for 30 Days! Get Started. Try D&B Credit FREE for 30 Days