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Ethnic Supermarkets in the US - Industry Market Research Report

Publisher IBISWorld
Published Sep 23, 2024
Length 72 Pages
SKU # IBSS19342738

Description

Ethnic Supermarkets in the US - Industry Market Research Report


Ethnic Supermarkets in the US

Ethnic supermarkets are retailers that sell culturally diverse food for at-home consumption. The growing Hispanic and Asian populations in the United States heavily influence demand for ethnic ingredients and other products. Younger consumers across ethnic groups represent a growing customer base for ethnic food retailers. The pandemic led to more consumers buying ethnic products, as many benefited from higher disposable income. Social distancing regulations forced many restaurants to operate at a lower capacity or fully shut down, pushing customers to cook more at home. This led many consumers outside the target demographic to explore different cultural ingredients, boosting sales and profit.

Supermarkets in this industry retail food to specific ethnic groups. This includes Asian, Hispanic and other ethnic grocery stores that carry mainly specialty products not found in mainstream supermarkets.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."

Table of Contents

72 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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