#Ethnic #Food #Market #Worth #USD #Billion
Pune, India, Oct. 20, 2022 (GLOBE NEWSWIRE) — The global ethnic food market size was USD 45.27 billion in 2020. The market is projected to grow from USD 49.27 billion in 2021 to USD 98.06 billion in 2028 at a CAGR of 10.33% during the 2021-2028 period.
This vital information is presented by Fortune Business Insights™, in its report, titled, “Ethnic Food Market, 2021-2028.”
As per the research team, continuous innovations in the frozen food section, new & creative business models, and increased launching of the latest products by the dominant manufacturers is likely to amplify the market growth globally. Non-veg ethnic food will witness the largest market share powered by the integration of the latter towards a staple diet of the increasing population which will further nurture the growth of the market.
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List of Key Players Covered in the Ethnic Food Market Report
- Ajinomoto Co. Inc. (Tokyo, Japan)
- Associated British Foods PLC (London, U.K.)
- McCormick & Company Inc. (Maryland, U.S.)
- MTR Foods (Karnataka, India)
- Nestle S.A. (Vevey, Switzerland)
- General Mills (Minnesota, U.S.)
- Conagra Brands Inc. (Illinois, U.S.)
- Tasty Bite Edibles Pvt. Ltd. (Pune, India)
- Taco Bell (California, U.S.)
- B&G Foods (New Jersey, U.S.)
Report Scope & Segmentation:
| Report Coverage | Details |
| Forecast Period | 2021-2028 |
| Forecast CAGR | 10.33% |
| 2028 Value Projection | USD 98.06 Billion |
| Base Year | 2020 |
| Ethnic Food Market Size in 2020 | USD 45.27 Billion |
| Historical Data | 2017-2019 |
| No. of Pages | 160 |
| Segments Covered | By Cuisine Type, By Food Type, By Distribution Channel |
| Ethnic Food Market Growth Drivers | Increasing Migration/Relocation Of Consumers in Various Regions |
| Globalization of Regional Products and Rise Of Online Sales |
Browse Summary of this Research Report:
https://www.fortunebusinessinsights.com/ethnic-foods-market-102264
Report Coverage
The market study combines a…
Read on GNW: Ethnic Food Market to Worth USD 98.06 Billion by 2028 |
