Global Ethnic Food Market Size to Exceed USD 99.2 Billion by 2033: Market Insight Report

RELEASE DATE: Apr 2025 Author: Spherical Insights
The Global Ethnic Food Market is Expected to Grow from USD 44.87 Billion in 2023 to USD 99.2 Billion by 2033, at a CAGR of 8.26% during the forecast period 2023-2033.

Table of Contents

Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis


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Global Ethnic Food Market Size to Exceed USD 99.2 Billion by 2033

According to a research report published by Spherical Insights & Consulting, The Global Ethnic Food Market is Expected to Grow from USD 44.87 Billion in 2023 to USD 99.2 Billion by 2033, at a CAGR of 8.26% during the forecast period 2023-2033. 

 

Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the Global Ethnic Food Market Size, Share, and COVID-19 Impact Analysis, By Type (Chinese, Japanese, Mexican, Italian), By Distribution Channel (Convenience Stores, Grocery Stores, Online and Supermarket/Hypermarket), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

 

An ethnic food market is a form of grocery store or marketplace that focuses on selling foods and ingredients from particular cultures or areas, tailored to the flavors and cooking preferences of specific ethnic communities. Products provided by these markets can range from spices and fresh produce to packaged foods, sauces, and special items not stocked in most larger chain supermarkets. It serves as a very important source of community supply for the sought-after familiar ingredients and flavors of heritage and usually reflects the diversity of the population around them. Moreover, this also happens through changing market preferences regarding sustainability and sourcing ethics. As consumers become increasingly conscious of environmental issues and fair-trade practices, their support for brands that source and produce sustainably grows. This is especially popular in the ethnic food segment, as traditional recipes are supported by modern sustainability endeavors. However, cultural myths regarding ethnic foods are projected to restrict the market growth. Misconceptions or ignorance about its authenticity as well as the benefits of an ethnic food product may hamper consumer acceptance and demand.

 

The chinese segment dominated the market in 2023 and is anticipated to grow at a substantial CAGR during the forecast period.

Based on the type, the global ethnic food market is divided into chinese, japanese, mexican, and italian. Among these, the chinese segment dominated the market in 2023 and is anticipated to grow at a substantial CAGR during the forecast period. The growth is attributed to rising consumer interest in diverse culinary experiences and the globalization of food culture. In addition, migrant populations preserve culinary traditions that increase the demand for authentic Chinese dishes in their localities. Finally, mainstream food contexts also benefit from Chinese cuisine's popularity, which is sustained by media exposure, such as cooking shows and social media influencers promoting traditional recipes and fusion cuisine.

 

The supermarket/hypermarket segment held the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

Based on the distribution channel, the global ethnic food market is divided into convenience stores, grocery stores, online, and supermarkets/hypermarkets. Among these, the supermarket/hypermarket segment held the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The growth is driven by the hypermarkets and supermarkets that are taking this opportunity to enlarge their international food sales, sourcing products from different regions of the world to make these diverse ethnic ingredients more accessible to consumers. This diversity of food not only caters to traditional ethnic communities but also appeals to adventurous eaters looking for novel flavors. Customers can access these products all in one-stop shops, motivating them to learn more about global cuisine.

 

North America holds the majority share of the global ethnic food market during the forecast period.

North America holds the majority share of the global ethnic food market during the forecast period. The development is primarily fueled by the growth of a multicultural society and an emerging interest in the cuisines of other countries. The U.S. has seen a significant upsurge in cultural influences coming from Latin America, Asia, and the Middle East, which propel consumers to pursue authentic culinary experiences that reflect their heritage. There's a lot of shifting happening with international flavors and how the public dines, with many choosing ethnic restaurants, food trucks, and even grocery items more heavily laden with international flavors. A rising population is adopting healthier eating habits that make way for new changes to traditional ethnic recipes, in turn leading to creative product creation to satisfy new trends. 

 

Europe is estimated to grow at the fastest pace in the global ethnic food market during the forecast period. The regional market is characterized by a vibrant fusion of cultural influence and a rich blend of cultures, and this makes it one of the richest in the world to have in the culinary landscape. With globalization perpetually connecting nations, consumers are increasingly exposed to and curious about different culinary traditions. This trend is highly palpable in metropolitan cities, where multicultural populations foster a vibrant demand for ethnic cuisines ranging from Mediterranean and Middle Eastern to Asian and African.

 

Company Profiling

Major vendors in the global ethnic food market are 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, Others.

 

 Key Target Audience

  • Market Players
  • nvestors
  •  End-users
  • Government Authorities 
  • Consulting and Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Key Market Development 

In June 2024, DDC Enterprise, Ltd. a multi-brand Asian consumer food company acquired Omsom, an Asian food brand. The acquisition is likely to speed up the product innovation of Omsom, cut R&D time by 50%, and then operational synergies which will help them become more efficient and improve the financial performance of both companies.

 

Market Segment 

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the ethnic food market based on the below-mentioned segments: 

 

Global Ethnic Food Market, By Type

  • Chinese
  • Japanese
  • Mexican
  • Italian

 

Global Ethnic Food Market, By Distribution Channel

  • Convenience Stores
  • Grocery Stores
  • Online
  • Supermarket/Hypermarket

 

Global Ethnic Food Market, By Regional

  • North America 
    • US
    • Canada
    • Mexico
  • Europe 
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific 
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America 
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa 
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

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