Ethnic Food Market Set to Grow at 7.50% CAGR by 2030 – MarkNtel

 


Global Ethnic Food Market: Key Dynamics, Size & Share Analysis

As per MarkNtel Advisors the Global Ethnic Food Market size was valued at around USD 78.2 billion in 2024 and is projected to reach USD 120.69 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.50% during the forecast period, ie, 2025-30.              

Global Ethnic Food Market Drivers:

Surge in Cultural Diversification Driving Market Demand –  The rising cultural diversification is one of the major drivers for the Global Food Market. This is attributed to the increasing globalization and migration, which have led to reshaping the consumer behavior towards food consumption patterns worldwide. According to the Migration Data Portal, the total number of international migrants worldwide was estimated for around 304 million in 2024, with an increase of approximately. 10.5% from 2020. This mounting relocation of individuals across borders, primarily in Europe and the US, for higher studies, better job opportunities, and lifestyle has been contributing to multicultural populations, where they bring their traditional culinary practices with them.

The demand for native cultural food has increased the number of ethnic restaurants in the regions. For instance, in Europe, in 2025, a Singburi 2.0 restaurant, known for its authentic Thai cuisine, has been reopened in London. Similarly, in Wahington DC, Nuli, a Nigerian originated franchise of restaurant has set to open in August 2025 that brings health-conscious Nigerian cuisine, offering African–Mediterranean–Indian inspired bowls, supporting inclusive food culture globally. Therefore, surging cultural diversification is driving the market demand and ultimately increasing the size & volume of the Ethnic Food Industry globally.

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Ethnic Food Market  Systems Market Segmentation:

-By Cuisine Type

  • Asian Cuisine–Market Size & Forecast 2020-2030, USD Million
  • Italian Cuisine– Market Size & Forecast 2020-2030, USD Million
  • Mexican Cuisine–Market Size & Forecast 2020-2030, USD Million
  • Middle Eastern Cuisine– Market Size & Forecast 2020-2030, USD Million
  • African Cuisine– Market Size & Forecast 2020-2030, USD Million
  • Others– Market Size & Forecast 2020-2030, USD Million

-By Food Type

  • Ready-to-eat Meals– Market Size & Forecast 2020-2030, USD Million
  • Frozen Food– Market Size & Forecast 2020-2030, USD Million
  • Packaged Food–Market Size & Forecast 2020-2030, USD Million
  • Canned Food–Market Size & Forecast 2020-2030, USD Million
  • Dried Meals– Market Size & Forecast 2020-2030, USD Million
  • Others– Market Size & Forecast 2020-2030, USD Million

-By Distribution Channel

  • Supermarkets/Hypermarkets– Market Size & Forecast 2020-2030, USD Million
  • Grocery Stores– Market Size & Forecast 2020-2030, USD Million
  • Convenience Stores– Market Size & Forecast 2020-2030, USD Million
  • Online Retail–Market Size & Forecast 2020-2030, USD Million
  • Others– Market Size & Forecast 2020-2030, USD Million

Geographical Analysis of the Ethnic Food Market

-By Region

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • The Middle East and Africa

Among all, Asia-Pacific dominates the Global Ethnic Food Market, holding the largest market share of around 47%. This is primarily driven by the region's widespread reach of diverse cuisine, strong domestic consumption, and export-driven growth.

T ap into future trends and opportunities shaping the Ethnic Food view the complete report:  https://www.marknteladvisors.com/research-library/ethnic-food-market.html

Ethnic Food Market  Recent Development:

  • 2024: Ajinomoto Co., Inc.,  launched a plant-based snack and Halal-certified frozen gyoza under Ajinomoto (Malaysia) Berhad during MAHA Go Global 2024, targeting B2B and foodservice sectors in Malaysia.

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Report Highlights Essential Insights for Strategic Decision-Making

  • Detailed market size, share, and forecast analysis
  • In-depth pricing trends and segment-wise cost evaluations
  • Key industry strategies, including innovation, partnerships, and acquisitions
  • Critical value chain analysis and stakeholder profiling
  • Regional import-export market insights and trade flow assessment
  • Thorough competitive benchmarking of top hearing aid manufacturers
  • Identification of new growth opportunities and niche market segments
  • Overview of market trends, drivers, and challenges shaping future demand

Some of the leading players in the Ethnic Food Market are:

  • Ajinomoto Co., Inc.
  • Nestlé SA
  • McCormick & Company, Inc.
  • Conagra Brands, Inc.
  • Unilever Group
  • Mars, Incorporated
  • General Mills, Inc.
  • Hormel Foods Corporation
  • Associated British Foods PLC
  • B&G Foods, Inc.
  • MTR Foods
  • Taco Bell
  • Orkla ASA
  • ARYZTA AG
  • Paulig Group
  • Others

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Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods . Data triangulation validates findings from multiple angles.   

Key Steps:

  • Define objectives and research design
  • Collect data through surveys and interviews
  • Analyze and validate data using reliable tools
  • Forecast trends and deliver actionable insights

About us:

MarkNtel Advisors  is a reputed Market Research Company and Industry Research Report Firm delivering high-quality intelligence across the food and beverages sector, including food supplements & additives, food logistics, and warehousing solutions. Our detailed Market Research Reports and Business Analysis provide insights at global, regional, and country levels, serving stakeholders understand evolving consumer preferences, supply chain challenges, and sustainability-driven trends. Built on verified datasets, Export and Import Data, and precise Market Forecast models, our studies uncover growth potential and revenue-generating segments. We offer Customized Market Research Reports to address specific business objectives, guiding manufacturers, distributors, and investors in making informed decisions. Backed by strategic Consulting Services, we deliver measurable Revenue Impact, enabling clients to enhance competitiveness and achieve scalable growth across the global F&B landscape.

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