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Here are the specialty foods outlasting the economy

The category is continuing to innovate

Holly Petre, Assistant Digital Editor

December 5, 2023

5 Slides
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Specialty foods account for 22% of spending in grocery stores, despite consumers’ hesitation to spend money due inflation fatigue, shrinkflation, and the economy. However, there is still some white space in the market as David Lockwood, CEO of Lockwood Consulting said at the Summer Fancy Food Show 2023. In fact, he said that “specialty food is pandemic proof and inflation proof.”

Click through the photos to see the specialty products!

About the Author

Holly Petre

Assistant Digital Editor

Holly Petre is a content producer and assistant digital editor as well as the host of Nation’s Restaurant News’ podcast, Extra Serving, and producer for Informa Restaurant and Food Groups other three podcasts, One On One by Food Management, Off the Shelf with SN and In the Kitchen with Bret Thorn. Holly holds a Bachelor of Fine Arts with a concentration in Sculpture, fibers and Material Studies and Ceramics from the School of the Art Institute of Chicago. A native New Yorker, Holly enjoys her place on staff as the resident pop-culture expert and millennial with a sassy attitude and great sense of style.

Holly Petre’s work on Nation’s Restaurant News and Restaurant Hospitality often covers marketing and trends, either aimed-at or examined-through the millennial mindset. Holly is responsible for introducing TikTok and Twitch to NRN and RH readers as well as explaining terms like “Karen” to staff and readers alike. She also spends her time on staff trying not to make every headline a pun.

Holly Petre hasn’t spoken at any events or on panels, but she is readily available with a killer shoe wardrobe and several witty quips.

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