Advertisements
Baba Ghanoush: A Delicious Middle Eastern Delight
Advertisements

IMARC Group, a leading market research company, has recently releases report titled, “Ethnic Foods Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the global ethnic foods market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Advertisements

Report Highlights:

How big is the ethnic foods market?

Report AttributesDetails
Market Size in 2022US$ 49.43 Billion
Market Forecast in 2028US$ 84.18 Billion
Growth rate (2023 to 2028)CAGR of 9.19%
Base Year of the Analysis2022
Forecast Period2023-2028

What is ethnic foods?

Ethnic foods are traditional dishes from different ethnic groups, religions, or nations that reflect their background and culture. They feature cuisines from all over the world, including Japanese, Thai, Korean, American, Italian, Greek, Chinese, Ethiopian, and Ethiopian. They don’t contain any additional adulterants, flavours, or colours and are made using natural components sourced from nearby plants and animals. They are healthy and nutritious and contribute to a balanced diet, improve overall health, boost immunity, detoxify the body, and reduce the risk of diabetes, obesity, and cardiovascular diseases (CVDs). At present, ethnic foods are gaining immense traction across the globe as they offer cultural diversity and nutritional value.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/ethnic-foods-market/requestsample

What are the growth prospects and trends in the ethnic foods industry?

The growing consumer preference to experience new and unusual cuisines from different cultures is the main factor driving the global market for ethnic foods. Additionally, ethnic meals are wholesome, scrumptious, and healthy dishes that expose consumers to a variety of flavours and spices from throughout the world. In line with this, the emerging trend of eating out, experimenting with food, and exploring new cuisines is positively influencing market growth. Additionally, increasing demand for ready-to-eat, ready-to-cook, and frozen ethnic foods, which offer enhanced convenience and longer shelf-life, has catalyzed market growth. Furthermore, the rising establishment of specialized ethnic food supermarkets, hypermarkets, and retail stores is contributing to the market growth. Other factors, including changing dietary preferences of consumers, easy product availability on e-commerce platforms, and increasing health consciousness, are also anticipated to drive the market further.

What is included in market segmentation?

The report has segmented the market into the following categories:

Cuisine Type Insights:

  • American
  • Chinese
  • Japanese
  • Mexican
  • Italian
  • Others

Food Type Insights:

  • Vegetarian
  • Non-Vegetarian

Distribution Channel Insights:

  • Food Services
  • Retail Stores

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Ajinomoto Co. Inc.
  • Asli Fine Foods
  • McCormick & Company Inc.
  • MTR Foods Pvt. Ltd. (Orkla ASA)
  • Natco Foods Ltd.
  • Old El Paso (General Mills)
  • Santa Maria UK Ltd. (Paulig Group)
  • TRS Ltd., etc.

Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=6960&flag=C

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact us:

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

LEAVE A REPLY

Please enter your comment!
Please enter your name here

one + eighteen =