Global Ethnic Foods Market 2024-2028
The ethnic foods market is forecasted to grow by USD 26.45 bn during 2023-2028, accelerating at a CAGR of 9.53% during the forecast period. The report on the ethnic foods market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing popularity of italian cuisine, growth of organized retailing, and rise in launch of new products.
Technavio's ethnic foods market is segmented as below:
By Distribution Channel
By Type
By Geographical Landscape
- Europe
- APAC
- North America
- Middle East and Africa
- South America
This study identifies the introduction of innovative and sustainable packaging by leading vendors as one of the prime reasons driving the ethnic foods market growth during the next few years. Also, adoption of frozen ethnic food products and growth in the global migration will lead to sizable demand in the market.
The report on the ethnic foods market covers the following areas:
- Ethnic foods market sizing
- Ethnic foods market forecast
- Ethnic foods market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ethnic foods market vendors that include Ajinomoto Co. Inc., Aryzta AG, Asli Fine Foods, Associated British Foods Plc, B and G Foods Inc., Beyond Meat Inc., Bighams Ltd., Chings, Conagra Brands Inc., General Mills Inc., Mars Inc., McCormick and Co. Inc., Mizkan Holdings Co. Ltd., Nestle SA, Orkla ASA, Paulig Ltd., Premier Foods Plc, The Giggly Pig Co., Vibrant Foods Ltd., and YUM Brands Inc.. Also, the ethnic foods market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.