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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 Chan

Publisher QualiKet Research
Published Dec 01, 2022
SKU # QUA17623984

Description

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
By Cuisine Type
  • Asian
  • Italian
  • Mexican
  • Others
By Distribution channel
  • Hypermarket/Supermarket
  • Convenience stores
  • Grocery stores
  • Online sales channels
By Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Table of Contents

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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