Market Overview:
The global ethnic foods market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to various factors such as the increasing demand for ethnic food, rising disposable income, and changing lifestyle and demographics. The global ethnic foods market is segmented on the basis of type, application, and region. On the basis of type, it is segmented into food service, ready-to-eat foods, online food servicing. The ready-to-eat foods segment is expected to grow at a higher CAGR during the forecast period owing to its convenience and easy availability. On the basis of application, it is segmented into store based Ethnic Foods Market (hypermarkets/supermarkets/grocery stores), restaurant based Ethnic Foods Market (quick service restaurants/full service restaurants), supermarket Ethnic Foods Market (online grocery stores) and others segments including institutional catering & military catering). Among these applications segments store based Ethnic Foods Market held dominant position in 2017 with highest revenue share followed by restaurant based Ethnic Foods Markets across different regions globally.
Product Definition:
A type of food that is closely associated with the culture of a specific ethnic group. Ethnic foods are often made with ingredients and spices that are native to the region where the group originated. They can be difficult to find outside of their home country or region, and can be quite expensive when they are available. Ethnic foods play an important role in preserving a culture's traditions and history.
Food Service:
Food service is the retail business of providing food and related products to consumers. It includes restaurants, fast-food outlets, catering services, coffee shops and full-service restaurants. The global food service market was estimated at USD 987 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Ready-to-eat Foods:
Ready-to-eat (RTE) foods are those products that can be consumed without cooking. They include various types of meat, poultry, seafood, dry fruits and vegetables in the form of sauces and seasonings which are ready to use for preparing ethnic food. The global RTE foods market is expected to witness significant growth over the forecast period owing to increasing demand for convenience food among working class people on a global level.
Application Insights:
The store application segment accounted for the largest share of over 60.0% in 2017. The growing preference for packaged and ready-to-eat foods among consumers is expected to be a key factor driving the market growth over the forecast period. Furthermore, increasing purchasing power and consumer spending on food is anticipated to further propel industry growth during the forecast period.
Restaurant application was estimated at USD 2,176.6 million in 2017 owing to an increase in demand from various countries across Asia Pacific, Europe, North America and Middle East & Africa regions where ethnic food restaurants are popular among consumers seeking authentic cuisines prepared from their native recipes with fresh ingredients served piping hot on order basis along with alcoholic beverages such as beer or wine respectively which boosts product sales significantly contributing towards overall industry growth during the projected timeframe.
Regional Analysis:
Asia Pacific dominated the global ethnic foods market in 2017. The region is expected to maintain its position over the forecast period as well. This can be attributed to increasing disposable income, changing food habits, and rising awareness about health & nutrition among people of different age groups in developing countries such as China and India. Moreover, an increasing number of international restaurants and food chains are also contributing towards regional growth.
Growth Factors:
- Increasing immigration and travel from countries where ethnic foods are popular will drive demand for these foods in the U.S.
- A growing interest in healthy eating and an appreciation for different flavors and spices will lead more people to try ethnic foods.
- Fusion cuisine, which combines elements of different ethnic cuisines, will continue to be popular, increasing demand for ingredients and recipes related to ethnic foods.
- The popularity of cooking shows and food blogs featuring recipes from around the world will inspire people to experiment with Ethnic Foods at home.
- . Restaurants specializing in Ethnic Foods are becoming more common, providing consumers with convenient access to these dishes
Scope Of The Report
Report Attributes
Report Details
Report Title
Ethnic Foods Market Research Report
By Type
Food Service, Ready-to-eat Foods, Online Food Servicing
By Application
Store, Restaurant, Supermarket, Others
By Companies
Ajinomoto Foods, Aryzta AG, Associated British Foods PLC, MTR Foods, Natco Foods, Santa Maria UK Ltd, Wanis International Food, Asli Fine Foods, TRS Ltd., Tasty Bites
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Ethnic Foods Market Report Segments:
The global Ethnic Foods market is segmented on the basis of:
Types
Food Service, Ready-to-eat Foods, Online Food Servicing
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Store, Restaurant, Supermarket, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ajinomoto Foods
- Aryzta AG
- Associated British Foods PLC
- MTR Foods
- Natco Foods
- Santa Maria UK Ltd
- Wanis International Food
- Asli Fine Foods
- TRS Ltd.
- Tasty Bites
Highlights of The Ethnic Foods Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Service
- Ready-to-eat Foods
- Online Food Servicing
- By Application:
- Store
- Restaurant
- Supermarket
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ethnic Foods Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ethnic foods are those that are typically associated with a certain culture or ethnicity. These foods may be traditional, regional, or specific to a certain region.
Some of the major companies in the ethnic foods market are Ajinomoto Foods, Aryzta AG, Associated British Foods PLC, MTR Foods, Natco Foods, Santa Maria UK Ltd, Wanis International Food, Asli Fine Foods, TRS Ltd., Tasty Bites.
The ethnic foods market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ethnic Foods Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ethnic Foods Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ethnic Foods Market - Supply Chain
4.5. Global Ethnic Foods Market Forecast
4.5.1. Ethnic Foods Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ethnic Foods Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ethnic Foods Market Absolute $ Opportunity
5. Global Ethnic Foods Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ethnic Foods Market Size and Volume Forecast by Type
5.3.1. Food Service
5.3.2. Ready-to-eat Foods
5.3.3. Online Food Servicing
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ethnic Foods Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ethnic Foods Market Size and Volume Forecast by Application
6.3.1. Store
6.3.2. Restaurant
6.3.3. Supermarket
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ethnic Foods Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ethnic Foods Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ethnic Foods Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ethnic Foods Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ethnic Foods Demand Share Forecast, 2019-2026
9. North America Ethnic Foods Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ethnic Foods Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ethnic Foods Market Size and Volume Forecast by Application
9.4.1. Store
9.4.2. Restaurant
9.4.3. Supermarket
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ethnic Foods Market Size and Volume Forecast by Type
9.7.1. Food Service
9.7.2. Ready-to-eat Foods
9.7.3. Online Food Servicing
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ethnic Foods Demand Share Forecast, 2019-2026
10. Latin America Ethnic Foods Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ethnic Foods Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ethnic Foods Market Size and Volume Forecast by Application
10.4.1. Store
10.4.2. Restaurant
10.4.3. Supermarket
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ethnic Foods Market Size and Volume Forecast by Type
10.7.1. Food Service
10.7.2. Ready-to-eat Foods
10.7.3. Online Food Servicing
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ethnic Foods Demand Share Forecast, 2019-2026
11. Europe Ethnic Foods Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ethnic Foods Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ethnic Foods Market Size and Volume Forecast by Application
11.4.1. Store
11.4.2. Restaurant
11.4.3. Supermarket
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ethnic Foods Market Size and Volume Forecast by Type
11.7.1. Food Service
11.7.2. Ready-to-eat Foods
11.7.3. Online Food Servicing
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ethnic Foods Demand Share, 2019-2026
12. Asia Pacific Ethnic Foods Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ethnic Foods Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ethnic Foods Market Size and Volume Forecast by Application
12.4.1. Store
12.4.2. Restaurant
12.4.3. Supermarket
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ethnic Foods Market Size and Volume Forecast by Type
12.7.1. Food Service
12.7.2. Ready-to-eat Foods
12.7.3. Online Food Servicing
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ethnic Foods Demand Share, 2019-2026
13. Middle East & Africa Ethnic Foods Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ethnic Foods Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ethnic Foods Market Size and Volume Forecast by Application
13.4.1. Store
13.4.2. Restaurant
13.4.3. Supermarket
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ethnic Foods Market Size and Volume Forecast by Type
13.7.1. Food Service
13.7.2. Ready-to-eat Foods
13.7.3. Online Food Servicing
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ethnic Foods Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ethnic Foods Market: Market Share Analysis
14.2. Ethnic Foods Distributors and Customers
14.3. Ethnic Foods Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ajinomoto Foods
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Aryzta AG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Associated British Foods PLC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. MTR Foods
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Natco Foods
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Santa Maria UK Ltd
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wanis International Food
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Asli Fine Foods
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TRS Ltd.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tasty Bites
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
