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PUBLISHER: Grand View Research | PRODUCT CODE: 1092448
PUBLISHER: Grand View Research | PRODUCT CODE: 1092448
Ethnic Food Market Size, Share & Trends Analysis Report By Type (Chinese, Japanese, Mexican, Italian), By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Grocery Stores, Online), By Region, And Segment Forecasts, 2022 - 2028
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PAGES: 75 Pages
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Ethnic Food Market Growth Trends:
The global ethnic food market size is expected to reach USD 70.8 billion by 2028, registering a CAGR of 8.7% over the forecast period, according to a new report by Grand View Research, Inc. The growing demand for ethnic food cuisines in developed regions is propelling the industry demand. Globalization and increasing migration are major factors driving the growth of the market, which is also facilitated by the increasing food promotion via various media platforms. Number of ethnic food consumers is growing worldwide with rising number of migrants around globe. As international trade, tourism, and immigration have increased globally, the part of ethnicity has become more significant not only in business but also in food industry.
COVID-19 pandemic outbreak impacted negatively on market growth. During the pandemic, as a result of various lockdowns and restrictions, hotel industry and foodservice sector remained closed and faced serious problems to generate income. Numerous businesses had to close as an aftermath with lack of customers. Some businesses launched home delivery options to stay afloat. However, over the forecast period, market is expected to return to pro-covid conditions and register strong growth over the forecast timeframe.
By type, the Chinese segment contributed highest revenue share of around 40.0% in 2021. The highest segmental share is attributed to the growing demand for Chinese cuisine across the globe. Rising demand for Chinese cuisine from developed region such as Europe is prime factor for the growth of this segment. Furthermore, number of migrants from Asian countries, especially China, owing to higher studies, tourism, and employment opportunities to other nations is higher and continuously rising. This leads to higher consumption of home country cuisines which in turn is augmenting industry demand.
By distribution channel, the online segment is estimated to witness highest CAGR of 9.6% over the forecast period. The increasing dependency on the digital apps and technology is rising tremendously. Online shopping for food items and grocery is also increasing, owing to the increasing consumer preference. Moreover, emergence of new platforms and increasing affordability of smartphones coupled with the rising penetration of internet is facilitating the growth of the online distribution channel over the forecast period.
By region, Europe accounted for the highest revenue share of over 30.0% in 2021. The market share dominance of the region is credited to the presence of majority of migrants in countries such as the U.K., Germany, and France, etc., due to tourism, higher education, and superior employment opportunities. Also rising consumption of nutritious ethnic based food owing to rising health consciousness among people is boosting the growth of the market.
Ethnic Food Market Report Highlights:
- Asia Pacific is expected to register the 2nd highest CAGR of 9.2% from 2022 to 2028 owing to increasing demand for ethnic foods such as Chinese, Japanese, etc. from countries such as China, Japan, and India
- The Mexican segment is expected to register the 2nd highest CAGR 8.8% over the forecast period. Increasing awareness and the high level of popularity in the U.S. is credited for the growth of the Mexican type ethnic food
- The hypermarkets and supermarkets segment held the largest revenue share of more than 35.0% in 2021. Rapid expansion across world and strong availability of products at hypermarkets and supermarkets are factors credited for the large market share of the segment
Product Code: GVR-4-68039-927-7
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Information & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Type Outlook
- 2.3. Distribution Channel Outlook
- 2.4. Competitive Insights
Chapter 3. Ethnic Food Market Variables, Trends & Scope
- 3.1. Market Introduction
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Sales/Retail Channel Analysis
- 3.3.2. Profit Margin Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Business Environment Analysis
- 3.5.1. Industry Analysis - Porter's
- 3.5.1.1. Supplier Power
- 3.5.1.2. Buyer Power
- 3.5.1.3. Substitution Threat
- 3.5.1.4. Threat from New Entrant
- 3.5.1.5. Competitive Rivalry
- 3.5.1. Industry Analysis - Porter's
- 3.6. Roadmap of Ethnic Food Market
- 3.7. Market Entry Strategies
- 3.8. Impact of COVID-19
Chapter 4. Consumer Behavior Analysis
- 4.1. Consumer Trends and Preferences
- 4.2. Factors Affecting Buying Decision
- 4.3. Consumer Type Adoption
- 4.4. Observations & Recommendations
Chapter 5. Ethnic Food Market: Type Estimates & Trend Analysis
- 5.1. Type Movement Analysis & Market Share, 2021 & 2028
- 5.2. Chinese
- 5.2.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 5.3. Japanese
- 5.3.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 5.4. Mexican
- 5.4.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 5.5. Italian
- 5.5.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 5.6. Others
- 5.6.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
Chapter 6. Ethnic Food Market: Distribution Channel Estimates & Trend Analysis
- 6.1. Distribution Channel Movement Analysis & Market Share, 2021 & 2028
- 6.2. Hypermarkets & Supermarkets
- 6.2.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 6.3. Convenience Stores
- 6.3.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 6.4. Grocery Stores
- 6.4.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 6.5. Online
- 6.5.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 6.6. Others
- 6.6.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
Chapter 7. Ethnic Food Market: Regional Estimates & Trend Analysis
- 7.1. Regional Movement Analysis & Market Share, 2021 & 2028
- 7.2. North America
- 7.2.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 7.2.2. Market Estimates and Forecast, By Type 2017 - 2028 (USD Million)
- 7.2.3. Market Estimates and Forecast, By Distribution Channel 2017 - 2028 (USD Million)
- 7.2.4. U.S.
- 7.2.4.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 7.2.4.2. Market Estimates and Forecast, By Type 2017 - 2028 (USD Million)
- 7.2.4.3. Market Estimates and Forecast, By Distribution Channel 2017 - 2028 (USD Million)
- 7.3. Europe
- 7.3.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 7.3.2. Market Estimates and Forecast, By Type 2017 - 2028 (USD Million)
- 7.3.3. Market Estimates and Forecast, By Distribution Channel 2017 - 2028 (USD Million)
- 7.3.4. Germany
- 7.3.4.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 7.3.4.2. Market Estimates and Forecast, By Type 2017 - 2028 (USD Million)
- 7.3.4.3. Market Estimates and Forecast, By Distribution Channel 2017 - 2028 (USD Million)
- 7.3.5. U.K.
- 7.3.5.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 7.3.5.2. Market Estimates and Forecast, By Type 2017 - 2028 (USD Million)
- 7.3.5.3. Market Estimates and Forecast, By Distribution Channel 2017 - 2028 (USD Million)
- 7.3.6. France
- 7.3.6.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 7.3.6.2. Market Estimates and Forecast, By Type 2017 - 2028 (USD Million)
- 7.3.6.3. Market Estimates and Forecast, By Distribution Channel 2017 - 2028 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 7.4.2. Market Estimates and Forecast, By Type 2017 - 2028 (USD Million)
- 7.4.3. Market Estimates and Forecast, By Distribution Channel 2017 - 2028 (USD Million)
- 7.4.4. China
- 7.4.4.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 7.4.4.2. Market Estimates and Forecast, By Type 2017 - 2028 (USD Million)
- 7.4.4.3. Market Estimates and Forecast, By Distribution Channel 2017 - 2028 (USD Million)
- 7.4.5. Japan
- 7.4.5.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 7.4.5.2. Market Estimates and Forecast, By Type 2017 - 2028 (USD Million)
- 7.4.5.3. Market Estimates and Forecast, By Distribution Channel 2017 - 2028 (USD Million)
- 7.5. Central & South America
- 7.5.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 7.5.2. Market Estimates and Forecast, By Type 2017 - 2028 (USD Million)
- 7.5.3. Market Estimates and Forecast, By Distribution Channel 2017 - 2028 (USD Million)
- 7.5.4. Brazil
- 7.5.4.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 7.5.4.2. Market Estimates and Forecast, By Type 2017 - 2028 (USD Million)
- 7.5.4.3. Market Estimates and Forecast, By Distribution Channel 2017 - 2028 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 7.6.2. Market Estimates and Forecast, By Type 2017 - 2028 (USD Million)
- 7.6.3. Market Estimates and Forecast, By Distribution Channel 2017 - 2028 (USD Million)
- 7.6.4. South Africa
- 7.6.4.1. Market Estimates and Forecast 2017 - 2028 (USD Million)
- 7.6.4.2. Market Estimates and Forecast, By Type 2017 - 2028 (USD Million)
- 7.6.4.3. Market Estimates and Forecast, By Distribution Channel 2017 - 2028 (USD Million)
Chapter 8. Competitive Analysis
- 8.1. Key Global Players, Recent Developments & their impact on the industry
- 8.2. Key Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
- 8.3. Vendor Landscape
- 8.3.1. Key Company Market Share Analysis, 2021
Chapter 9. Company Profiles
- 9.1. Associated British Foods PLC
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Strategic Initiatives
- 9.2. General Mills, Inc.
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Strategic Initiatives
- 9.3. Ajinomoto Co. Inc.
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Strategic Initiatives
- 9.4. McCormick & Company Inc.
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Strategic Initiatives
- 9.5. Orkla ASA
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Strategic Initiatives
- 9.6. ARYZTA AG
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Strategic Initiatives
- 9.7. Paulig Group
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Strategic Initiatives
- 9.8. The Spice Tailor
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Strategic Initiatives
- 9.9. Asli Fine Foods
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Strategic Initiatives
Product Code: GVR-4-68039-927-7
List of Tables
- 1. Ethnic Food Market- Key Market Driver Analysis
- 2. Ethnic Food Market- Key Market Restraint Analysis
- 3. Global Ethnic Food Market Estimates and Forecast By Type 2017 - 2028 (USD Million)
- 4. Global Ethnic Food Market Estimates and Forecast in Distribution Channel 2017 - 2028 (USD Million)
- 5. North America Ethnic Food Market Estimates and Forecast 2017 - 2028 (USD Million)
- 6. North America Ethnic Food Market Estimates and Forecast By Type 2017 - 2028 (USD Million)
- 7. North America Ethnic Food Market Estimates and Forecast By Distribution Channel 2017 - 2028 (USD Million)
- 8. U.S. Ethnic Food Market Estimates and Forecast 2017 - 2028 (USD Million)
- 9. U.S. Ethnic Food Market Estimates and Forecast By Type 2017 - 2028 (USD Million)
- 10. U.S. Ethnic Food Market Estimates and Forecast By Distribution Channel 2017 - 2028 (USD Million)
- 11. Europe Ethnic Food Market Estimates and Forecast 2017 - 2028 (USD Million)
- 12. Europe Ethnic Food Market Estimates and Forecast By Type 2017 - 2028 (USD Million)
- 13. Europe Ethnic Food Market Estimates and Forecast By Distribution Channel 2017 - 2028 (USD Million)
- 14. Germany Ethnic Food Market Estimates and Forecast 2017 - 2028 (USD Million)
- 15. Germany Ethnic Food Market Estimates and Forecast By Type 2017 - 2028 (USD Million)
- 16. Germany Ethnic Food Market Estimates and Forecast By Distribution Channel 2017 - 2028 (USD Million)
- 17. U.K. Ethnic Food Market Estimates and Forecast 2017 - 2028 (USD Million)
- 18. U.K. Ethnic Food Market Estimates and Forecast By Type 2017 - 2028 (USD Million)
- 19. U.K. Ethnic Food Market Estimates and Forecast By Distribution Channel 2017 - 2028 (USD Million)
- 20. France Ethnic Food Market Estimates and Forecast 2017 - 2028 (USD Million)
- 21. France Ethnic Food Market Estimates and Forecast By Type 2017 - 2028 (USD Million)
- 22. France Ethnic Food Market Estimates and Forecast By Distribution Channel 2017 - 2028 (USD Million)
- 23. Asia Pacific Ethnic Food Market Estimates and Forecast 2017 - 2028 (USD Million)
- 24. Asia Pacific Ethnic Food Market Estimates and Forecast By Type 2017 - 2028 (USD Million)
- 25. Asia Pacific Ethnic Food Market Estimates and Forecast By Distribution Channel 2017 - 2028 (USD Million)
- 26. China Ethnic Food Market Estimates and Forecast 2017 - 2028 (USD Million)
- 27. China Ethnic Food Market Estimates and Forecast By Type 2017 - 2028 (USD Million)
- 28. China Ethnic Food Market Estimates and Forecast By Distribution Channel 2017 - 2028 (USD Million)
- 29. Japan Ethnic Food Market Estimates and Forecast 2017 - 2028 (USD Million)
- 30. Japan Ethnic Food Market Estimates and Forecast By Type 2017 - 2028 (USD Million)
- 31. Japan Ethnic Food Market Estimates and Forecast By Distribution Channel 2017 - 2028 (USD Million)
- 32. Central & South America Ethnic Food Market Estimates and Forecast 2017 - 2028 (USD Million)
- 33. Central & South America Ethnic Food Market Estimates and Forecast By Type 2017 - 2028 (USD Million)
- 34. Central & South America Ethnic Food Market Estimates and Forecast By Distribution Channel 2017 - 2028 (USD Million)
- 35. Brazil Ethnic Food Market Estimates and Forecast 2017 - 2028 (USD Million)
- 36. Brazil Ethnic Food Market Estimates and Forecast By Type 2017 - 2028 (USD Million)
- 37. Brazil Ethnic Food Market Estimates and Forecast By Distribution Channel 2017 - 2028 (USD Million)
- 38. Middle East & Africa Ethnic Food Market Estimates and Forecast 2017 - 2028 (USD Million)
- 39. Middle East & Africa Ethnic Food Market Estimates and Forecast By Type 2017 - 2028 (USD Million)
- 40. Middle East & Africa Ethnic Food Market Estimates and Forecast By Distribution Channel 2017 - 2028 (USD Million)
- 41. South Africa Ethnic Food Market Estimates and Forecast 2017 - 2028 (USD Million)
- 42. South Africa Ethnic Food Market Estimates and Forecast By Type 2017 - 2028 (USD Million)
- 43. South Africa Ethnic Food Market Estimates and Forecast By Distribution Channel 2017 - 2028 (USD Million)
- 44. Vendor landscape
List of Figures
- Fig. 1 Ethnic Food Market Snapshot
- Fig. 2 Ethnic Food Market Segmentation & Scope
- Fig. 3 Ethnic Food Market Penetration & Growth Prospect Mapping
- Fig. 4 Ethnic Food Market Value Chain Analysis
- Fig. 5 Ethnic Food Market Dynamics
- Fig. 6 Ethnic Food Market Porter's Analysis
- Fig. 7 Ethnic Food Market: Type Movement Analysis
- Fig. 8 Ethnic Food Market: Distribution Channel Movement Analysis
- Fig. 9 Ethnic Food Market: Regional Movement Analysis
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