Global Ethnic Food Market size, Trends and Growth opportunity, By Food Type (Veg and Non-Veg), By Cuisine Types (Asian, Italian, Mexican and Others) By Distribution Channel (Hypermarket/Supermarket, Convenience Stores, Grocery Stores and Online Sales Channel) By Application (Nutritional & Health Supplement, Beverages, Pet Food and Others) By Region and Forecast Till 2027
Global Ethnic Food Market
The global ethnic food market was valued at USD 49.20 billion in 2021 and it is expected to reach at
USD 98.02 billion in 2027 at a CAGR of 10.32% during forecast period 2022-2027.
Ethnic food refers to the different types of foods that represent different cultures but mostly they
are made by people living in different countries. In recent years, ethnic food market has gained
immense popularity because of growing foreign population. With continuous innovations in the
frozen food section and latest products by the manufacturer is likely to boost the growth of ethnic
food market. Further majority of the population migrating in different counties the demand for their
local regional food increased.
Market Drivers
As per the research and ongoing innovation in food section the demand for frozen food and various
ethnic cuisines witnessing the significant growth across all the region. The westernization in nations
such as India is changing food habits of customers with many looking for different tastes, young
generation are also immigrate in different countries for better employment, that lead to raise the
growth of ethnic food market. Moreover, the hectic schedule of people also demand for ready to
cook food , fast growing online sales channel now consumer can buy their favorite regional food
from any corner of the globe which escalates the demand for ethnic food market.
Market Restraints
The growing packaged food safety concern due to rise in ethnic foodborne illness outbreaks and
recalls is expected to prevent the growth of the market. Moreover, longer transportation times and
cost incurred in it hinder the growth of ethnic food market. Also ethnic food products are mainly
transported from one nation to different so they need to use some edible chemical preservatives to
preserve the products for a longer period of time that is a major challenge in the growth of ethnic
food market.
COVID-19 Impact on Ethnic Food Market Fraction Market
With the outbreak of covid-19 it adversely affected ethnic food market growth. China is one of the
world’s largest ethnic food producers, faced various difficulties related to logistics and production.
During covid many factories shutdown their production, sales reduced which shifted the growth and
slow down the economic growth.
Market Segmentation
The global segmented On the basis of food type it segmented into veg and non-veg. On the basis of
cuisine type it segmented into Asian, Italian, Mexican and Others. . On the basis of distribution
channel it segmented into hypermarket/supermarket, convenience stores, grocery stores and online
sales channels.
Regional Analysis
The global ethnic food market segmented into five regions North America, Europe, Latin America,
Asia Pacific, Middle East and Africa. Asia pacific expected to remain at the forefront and hold the
highest position in terms of market share of ethnic food market due to rising adoption of traditional
cuisines in regions of the U.S, Italy, China, India and Australia. However, North America also witness
the significant growth during the forecast period as innovation in food sector and rising demand for
ethnic cuisines will fuel the market growth.
Key Players
Various key players are listed in this report such as Ajinomoto Co. Inc, Associated British Foods PLC,
McCormick and Company Inc., MTR Foods, Nestle S.A, General Mills, Conagra Brands Inc., Tasty Bite
Edibles Pvt. Ltd, Taco Bell, BandG Foods.
Market Taxonomy
By Food Type
- Veg
- Non-Veg
- Asian
- Italian
- Mexican
- Others
- Hypermarket/Supermarket
- Convenience stores
- Grocery stores
- Online sales channels
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Ethnic Food Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Ethnic Food Market, By Food Type
- 5.1 Y-o-Y Growth Comparison, By Food Type
- 5.2 Global Ethnic Food Market Share Analysis, By Food Type
- 5.3 Global Ethnic Food Market Size and Forecast, By Food Type
- 5.3.1Veg
- 5.3.2 Non-Veg
- 6 Global Ethnic Food Market, By Cuisine Type
- 6.1 Y-o-Y Growth Comparison, By Cuisine Type
- 6.2 Global Ethnic Food Market Share Analysis, By Cuisine Type
- 6.3 Global Ethnic Food Market Size and Forecast, By Cuisine Type
- 6.3.1 Asian
- 6.3.2 Italian
- 6.3.3 Mexican
- 6.3.4 Others
- 7 Global Ethnic Food Market, By Distribution Channel
- 7.1 Y-o-Y Growth Comparison, By Distribution Channel
- 7.2 Global Ethnic Food Market Share Analysis, By Distribution Channel
- 7.3 Global Ethnic Food Market Share Analysis, By Distribution Channel
- 7.3.1 Hypermarket/Supermarket
- 7.3.2 Convenience Stores
- 7.3.4 Grocery Stores
- 7.3.5 Online Sales Market
- 8 Global Ethnic Food Market, By Region
- 8.1 Global Ethnic Food Market Share Analysis, By Region
- 8.2 Global Ethnic Food Market Share Analysis, By Region
- 9 North Milk Fat Fraction Analysis and Forecast (2022-2027)
- 9.1 Introduction
- 9.2 North America Ethnic Food Market Share Analysis, By Food Type
- 9.3 North America Ethnic Food Market Size and Forecast, By Cuisine Type
- 9.4 North America Ethnic Food Market Size and Forecast, By Distribution Channel
- 9.5 North America Ethnic Food Market Size and Forecast, By Country
- 9.5.1 U.S
- 9.5.2 Canada
- 9.5.3 Mexico
- 10 Europe Ethnic Food Market Analysis and Forecast (2022-2027)
- 10.1 Introduction
- 10.2 Europe Ethnic Food Market Share Analysis, By Food Type
- 10.3 Europe Ethnic Food Market Size and Forecast, By Cuisine Type
- 10.4 Europe Ethnic Food Market Size and Forecast, By Distribution Channel
- 10.5 Europe Ethnic Food Market Size and Forecast, By Country
- 10.5.1 Germany
- 10.5.2 France
- 10.5.3 UK
- 10.5.4 Rest of Europe
- 11 Asia Pacific Ethnic Food Market Analysis and Forecast (2022-2027)
- 11.1 Introduction
- 11.2 Asia Pacific Ethnic Food Market Size and Forecast, By Food Type
- 11.3 Asia Pacific Ethnic Food Market Size and Forecast, By Cuisine Type
- 11.4 Asia Pacific Ethnic Food Market Size and Forecast, By Distribution Channel
- 11.5 Asia Pacific Ethnic Food Market Size and Forecast, By Country
- 11.5.1 China
- 11.5.2 Japan
- 11.5.3 India
- 11.5.4. Rest of Asia Pacific
- 12 Latin America Ethnic Food Market Analysis and Forecast (2022-2027)
- 12.1 Introduction
- 12.2 Latin America Ethnic Food Market Size and Forecast, By Food Type
- 12.3 Latin America Ethnic Food Market Size and Forecast, By Cuisine Type
- 12.4 Latin America Ethnic Food Market Size and Forecast, By Distribution Channel
- 12.5 Latin America Ethnic Food Market Size and Forecast, Country
- 12.5.1 Brazil
- 12.5.2. Rest of Latin America
- 13 Middle East Ethnic Food Market Analysis and Forecast (2022-2027)
- 13.1 Introduction
- 13.2 Middle East Ethnic Food Market Share Analysis, By Food Type
- 13.3 Middle East Ethnic Food Market Size and Forecast, By Cuisine Type
- 13.4 Middle East Ethnic Food Market Size and Forecast, By Distribution Channel
- 13.4 Middle East Ethnic Food Market Size and Forecast, By Country
- 13.5.1. Saudi Arabia
- 13.5.2. UAE
- 13.5.3. Egypt
- 13.5.4. Kuwait
- 13.5.5. South Africa
- 14 Competitive Analysis
- 14.1 Competition Dashboard
- 14.2 Market share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15 Company Profiles
- 15.1 Ajinomoto Co. Inc.
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2. Associated British Foods PLC
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3. McCormick and Company Inc.
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4 MTR Foods
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.10.3 Key Financials
- 15.10.4 Business Segment & Geographic Overview
- 15.10.5 Key Market Developments
- 15.10.6 Key Strategies
- 15.5 Nestle S.A.
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 General Mills
- 15.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7. Conagra Brands Inc.
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 Tasty Bite Edibles Pvt. Ltd
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9 Taco Bell
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Segment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
- 15.10 BandG Foods
- 15.10.1 Overview
- 15.10.2 Offerings
- 15.10.3 Key Financials
- 15.10.4 Business Segment & Geographic Overview
- 15.10.5 Key Market Developments
- 15.10.6 Key Strategies
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