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ETHNIC FOODS MARKET ANALYSIS

Ethnic Foods Market, By Cuisine Type (Asian, Italian, Mexican, and Others), By Food Type (Veg and Non-Veg), By Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Grocery Stores, Online Sales Channels, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Apr 2024
  • Code : CMI5054
  • Pages :120
  • Formats :
      Excel and PDF
  • Industry : Food and Beverages

Market Concentration and Competitive Landscape

Ethnic Foods Market Concentration By Players

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Influence of Immigrant Populations in Western Nations

Countries like the U.S., Canada, the U.K., and other parts of Europe have seen rapid rise in immigrant populations from Asia Pacific and Latin America over the past few decades. These immigrant communities bring along authentic cuisines from their home countries and introduce them to the local populations. They set up ethnic grocery stores and restaurants serving their native cuisine which helps in popularizing these foreign flavors among non-native consumers. The second and third generation children of immigrants also take pride in their culinary heritage and actively participate in promoting their ethnic cultures. This has tremendously boosted the demand for ingredients integral to those world cuisines. Moreover, the increasing multicultural character of western societies has made people more receptive and inclusive towards immigrant foods and cultures. The ethnic enclave neighborhoods act as thriving markets for these exotic ingredients to serve both native and immigrant consumers in large metropolitan areas.

Key Players Insights
  • Nestle SA
  • Kikkoman Corporation
  • Mars Inc.
  • General Mills Inc
  • Ajinomoto Co., Inc.
  • ConAgra Brands Inc.
  • Tyson Foods Inc.
  • Hormel Foods Corporation
  • Indofood Sukses Makmur Tbk
  • Tingyi (Cayman Islands) Holding Corp.
  • Jinmailang Foods Co. Ltd.
  • San Miguel Pure Foods Company Inc.
  • Nissin Foods Holdings Co. Ltd.
  • McCain Foods Limited
  • Campbell Soup Company
  • JFC International Inc.
  • Quality Ethnic Foods Inc.
  • The Spice Tailor Limited

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