How Specialty Food Brands Can Thrive in a Challenging Market
In today's market, specialty food brands face unique challenges. With inflation and shifting consumer behaviors, success isn't guaranteed. But with the right strategies, it's possible to thrive even when the market seems tough. I've worked with clients in the food and beverage sector for years, and I've seen firsthand how a focused approach can make all the difference.
1. Adapt to Changing Consumer Preferences
The specialty food market has grown, but inflation has changed the way people shop. Shoppers are buying less but spending more per unit. This is a trend you can't ignore. Specialty brands must focus on offering value—not just in terms of price but in the quality and uniqueness of their products. When consumers feel like they’re getting something special, they’re more likely to stay loyal, even when budgets are tight.
2. Leverage the Power of Snacking
Snacks are now the top-performing category in specialty food, according to recent data. Consumers are snacking more often, with categories like chips, pretzels, and popcorn leading the way. For brands, this means doubling down on snack innovation and offering products that fit into this growing trend. My clients who focus on unique, high-quality snacks have seen tremendous growth in both retail and eCommerce sales.
3. Embrace eCommerce
Even though the explosive growth of online grocery sales has slowed, eCommerce remains a key channel for specialty food brands. Selling directly to consumers online allows brands to control their narrative, showcase product benefits, and build direct relationships with customers. Investing in a user-friendly online store is one way to ensure your brand stays competitive.
4. Focus on Perishables
Perishable goods are gaining traction within the specialty food industry. With $35.2 billion in 2022 sales, perishables like cheese, bakery, and deli items are increasingly popular. Specialty brands that offer fresh, high-quality products will find that this category offers a path to growth, especially when paired with robust marketing strategies that emphasize product freshness and uniqueness.
5. Optimize for Omnichannel Success
The most successful brands aren’t relying on one sales channel. They’re integrating in-store, online, and foodservice strategies to reach consumers wherever they shop. With the right approach, specialty food brands can leverage all available channels to increase brand visibility and consumer engagement.
I am an Ad-Age, Emmy, Shorty, Telly, and Webby award-winning social media strategist and content creator. With over two decades of experience in the food, beverage, and outdoor lifestyle industries, I help brands connect with their audience through authentic storytelling and strategic content creation. My work with brands like Frito-Lay, Costa Coffee, and Topo Chico demonstrates my ability to turn a brand’s story into a powerful tool for building community and driving growth.