Wednesday, December 30, 2009

Gourmet Foods Sales

The current economic times may have hit gourmet food lovers in the pocketbook, but they haven't let it hit their taste buds. Although money may be tight, cravings are very hard to resist.

Gourmet food lovers continue to consume luxury and specialty items. Some things, such as high-end chocolate, seem to be recession-proof. According to a study by the National Association for the Specialty Food Trade and Mintel International more than 50 percent of specialty foods are bought at supermarkets.

Consumers in the western United States are 13 percent more likely to purchase specialty foods than the rest of the country, according to the National Association for the Specialty Food Trade study. And sales of gourmet and specialty foods have been growing faster than the overall industry for the past five years; according to consumer research firm Packaged Facts. Also a recent Harris Poll found that 51 percent of respondents are eating dinner at home more, but 76 percent won't compromise on food quality no matter the price.