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Ethnic Food Global Market Report 2024

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    Report

  • 200 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5744191

Quick Summary:

In the rapidly shifting dynamics of the global economy, the ethnic food market reflects a surge in demand driven by fluctuating migration rates worldwide. Countless cuisines that transcend geographical barriers are redefining the food industry, exhibiting the power of diverse cultures and enriching everyday consumption patterns.

Straying from standard Western cuisine, the ethnic food market is a world of flavor, bustling with distinctive and vibrant dishes from Indian, Korean, Italian, Peruvian, Moroccan, Mexican, Brazilian, Argentina, to Chinese cuisines. These globally popular cuisines are increasingly available beyond their geographical origins, transforming the global food landscape. The ethnic food market refers to these foods that are enjoyed outside their originating regions, representing a distinctive class of their own in the food industry.

Driven by higher immigration rates across the globe, the demand for ethnic food continues to escalate. As immigrants seek comfort in familiar flavors of their homeland, the ethnic food market flourishes, benefitting manufacturers, distributors, and retailers. With evolving consumer preferences, businesses in the ethnic food market are steadily expanding their product offerings to meet demand and seize emerging opportunities, a key trend contributing to the market's growth.

Our market research report on the ethnic food industry provides comprehensive insights into this dynamic market's present scenario and future trajectory, equipping you with the essential knowledge to thrive in the ethnic food industry. This report covers in-depth analysis of key market segments, global and regional market shares, industry trends, growth opportunities, and competitive landscape, equipping you with valuable and strategic insights. With this report, you gain a competitive edge in the ethnic food market, informed by the latest industry statistics and insights. Major players featured in the report include Ajinomoto Foods, McCormick & Company Incorporated, and General Mills Inc., among other industry giants.

The ethnic food market size has grown rapidly in recent years. It will grow from $52.35 billion in 2023 to $57.62 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth during the historical period can be ascribed to cultural diversity and migration, urbanization and lifestyle changes, the influence of social media on food trends, the culture of restaurants and street food, increased awareness of health and wellness, as well as culinary education and exposure.

The ethnic food market size is expected to see rapid growth in the next few years. It will grow to $87.12 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%. The anticipated growth in the forecast period can be linked to culinary fusion and innovation, the rise of health-conscious ethnic options, the influence of e-commerce and meal kits, the focus on sustainable and locally sourced ingredients, and the importance placed on authenticity and cultural representation. Key trends in the forecast period encompass digital platforms for food discovery, an emphasis on authenticity and regional varieties, the popularity of plant-based and vegetarian options, the prevalence of online food delivery and takeout, and the continuing trend of fusion cuisine.

The primary catalyst propelling the expansion of the ethnic food market is the escalating rates of immigration. This trend is driven by various factors, including employment opportunities, environmental conditions, educational pursuits, family reunification, and fleeing from violent conflicts. Immigrants tend to have a preference for the cuisine of their home country, leading to an upsurge in the demand for ethnic foods. As per the World Migration Report 2022 from the International Organization for Migration (IOM), a Switzerland-based United Nations agency specializing in migration services and advice, the global count of international migrants reached nearly 281 million in 2020, constituting 3.6% of the world's population. This marked an increase from 272 million in 2019, accounting for 3.5% of the world's population. While the United States stands out as the primary destination for migrants, the United Arab Emirates boasts the highest migrant population percentage relative to its total population. Additionally, a report from the United States Census Bureau in July 2021 revealed that net international migration (NIM) between 2020 and 2021 contributed to a population increase of 247,000 in the United States. The growing number of immigrants often prefers consuming food from their home country, leading to an increased demand for ethnic food. Therefore, the surge in immigration rates is anticipated to be a pivotal factor driving the growth of the ethnic food market.

The growth of food tourism stands out as a pivotal factor driving the expansion of the ethnic food market. Food tourism, also known as culinary tourism or gastronomic tourism, involves traveling to various destinations with the primary objective of exploring and experiencing the local food and beverage offerings. The increasing popularity of food tourism has led to a greater interest in and demand for ethnic foods that go beyond local borders. For instance, as of July 2023, according to the TravelDailyNews Media Network, a US-based media company, the food tourism market is projected to reach $999,033.40 million in 2023 and is expected to further grow to $4,112,489.40 million by 2033. Presently, the industry attracts approximately 5.382.3 million tourists annually. This surge in food tourism is anticipated to be a significant driving force behind the growth of the ethnic food market.

Business expansion is a prominent trend gaining traction in the ethnic food market, with companies adopting various strategies such as the introduction of new products, expansion into new markets, market penetration, diversification, and more. Major players in the ethnic food market are actively pursuing business expansion as a means to seize new opportunities, augment revenue streams, and strengthen their market positions. For example, in October 2021, General Mills, a US-based multinational consumer foods manufacturer, expanded its Old El Paso line by introducing new flavored taco shells in collaboration with the crisp brand Takis. This innovative product combines Takis Fuego fiery chili pepper and lime flavors with the convenient flat bottom of Old El Paso Stand 'N Stuff Shells, allowing tacos to stand on the plate and be easily consumed. This introduction aims to provide customers with a quick and convenient way to create Mexican-style dinners, offering a range of options from basic taco ingredients to personalized taco creations. Additionally, in June 2021, LIVEKINDLY Collective, a US-based plant-based foods company, launched two new flagship brands, Giggling Pig and Happy Chicken, in China. These brands, the first created in-house by the company and produced locally in the USA, are tailored to cater to the tastes of Chinese consumers, showcasing a commitment to market expansion and customization to regional preferences.

Major companies in the ethnic food market are increasingly engaging in partnerships to facilitate the development of new products and fortify their market positions. These strategic partnerships involve companies leveraging each other’s strengths and resources to achieve mutual benefits and success. For instance, in November 2022, Spice Story, an India-based company specializing in Indian ethnic food flavors, entered into a partnership with Jayanti Herbs and Spice for offline expansion. The primary objective of this collaboration is to enhance offline presence by establishing approximately 15,000 stores by March 2023. Within this partnership, Spice Story will leverage Jayanti Herbs & Spice’s extensive distribution network, comprising 23,000 multi-brand modern format retail stores. This network includes both national and regional chains, as well as standalone modern retail outlets, thereby contributing to the expansion and visibility of Spice Story's products in the market.

In July 2022, Premier Foods, a food manufacturing company based in the UK, successfully acquired The Spice Tailor for an undisclosed amount. This strategic acquisition aims to enable Premier Foods to expand its geographical footprint and bolster its presence in the ethnic foods market, particularly in Australia. The acquisition aligns seamlessly with Premier Foods' growth strategy, providing an opportunity to leverage the exceptional track record of The Spice Tailor. The Spice Tailor, based in the UK, is recognized for manufacturing Indian and South East Asian meal kits, and this acquisition positions Premier Foods to capitalize on the expertise and offerings of The Spice Tailor in its efforts to strengthen its position in the ethnic foods business.

Major companies operating in the ethnic food market report are Nestlé S.A., Associated British Foods plc, General Mills Inc., Taco Bell Corp., Conagra Brands Inc., Ajinomoto Co. Inc., ITC Limited, McCormick & Company Incorporated, MTR Foods Pvt Ltd, Kikkoman Corporation, House Foods Group Inc., Aryzta AG, B&G Foods Holdings Corp., Haldiram Manufacturing Co. Pvt. Ltd., Goya Foods Inc., GraceKennedy Group, S&B Foods Inc., Amy's Kitchen Inc., Santa Maria AB, East End Foods plc, Surya Foods Ltd., Leathams Limited, Kawan Food Manufacturing Sdn Bhd, Tasty Bite Eatables Ltd., Tilda Limited, TRS Foods Ltd., Natco Foods Ltd., Wanis International Foods Limited, Frontera Foods Inc., Asli Fine Foods Limited.

Asia-Pacific was the largest region in the ethnic food market in 2023. The regions covered in the ethnic food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the ethnic food market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Ethnic foods are primarily categorized into two main types: vegetarian and non-vegetarian. Vegetarian ethnic foods consist of dishes made predominantly from vegetables and fruits. Within the vegetarian category, there are further distinctions such as vegetarian, plant-based, and vegan foods, each representing different dietary preferences from various countries. These diverse ethnic foods span a range of cuisines, including American, Chinese, Japanese, Mexican, Italian, and more. They are made available to consumers through various distribution channels, including supermarkets/hypermarkets, convenience stores, online retail channels, and other distribution outlets. Ethnic foods are commonly enjoyed in both restaurants and households, contributing to the rich culinary landscape that reflects cultural diversity and preferences.

The ethnic food market research report is one of a series of new reports that provides ethnic food market statistics, including ethnic food industry global market size, regional shares, competitors with an ethnic food market share, detailed ethnic food market segments, market trends and opportunities, and any further data you may need to thrive in the ethnic food industry. This ethnic food market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The ethnic food market consists of sales of mango pulp, spicy lentils, special pickles. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this ethnic food market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Table of Contents

1. Executive Summary2. E-scrap Recycling Market Characteristics3. E-scrap Recycling Market Trends and Strategies
4. E-scrap Recycling Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global E-scrap Recycling Market Size and Growth
5.1. Global E-scrap Recycling Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global E-scrap Recycling Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global E-scrap Recycling Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. E-scrap Recycling Market Segmentation
6.1. Global E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • IT and Telecom Equipment
  • Small Household Appliances
  • Large White Goods
  • Consumer Electronics
  • Other Products
6.2. Global E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Metal
  • Glass
  • Plastic
  • Other Processed Materials
6.3. Global E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Dealing Materials
  • Recycling Materials
7. E-scrap Recycling Market Regional and Country Analysis
7.1. Global E-scrap Recycling Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global E-scrap Recycling Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific E-scrap Recycling Market
8.1. Asia-Pacific E-scrap Recycling Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China E-scrap Recycling Market
9.1. China E-scrap Recycling Market Overview
9.2. China E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India E-scrap Recycling Market
10.1. India E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan E-scrap Recycling Market
11.1. Japan E-scrap Recycling Market Overview
11.2. Japan E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia E-scrap Recycling Market
12.1. Australia E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia E-scrap Recycling Market
13.1. Indonesia E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea E-scrap Recycling Market
14.1. South Korea E-scrap Recycling Market Overview
14.2. South Korea E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe E-scrap Recycling Market
15.1. Western Europe E-scrap Recycling Market Overview
15.2. Western Europe E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK E-scrap Recycling Market
16.1. UK E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany E-scrap Recycling Market
17.1. Germany E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France E-scrap Recycling Market
18.1. France E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy E-scrap Recycling Market
19.1. Italy E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain E-scrap Recycling Market
20.1. Spain E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe E-scrap Recycling Market
21.1. Eastern Europe E-scrap Recycling Market Overview
21.2. Eastern Europe E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia E-scrap Recycling Market
22.1. Russia E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America E-scrap Recycling Market
23.1. North America E-scrap Recycling Market Overview
23.2. North America E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA E-scrap Recycling Market
24.1. USA E-scrap Recycling Market Overview
24.2. USA E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada E-scrap Recycling Market
25.1. Canada E-scrap Recycling Market Overview
25.2. Canada E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America E-scrap Recycling Market
26.1. South America E-scrap Recycling Market Overview
26.2. South America E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil E-scrap Recycling Market
27.1. Brazil E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East E-scrap Recycling Market
28.1. Middle East E-scrap Recycling Market Overview
28.2. Middle East E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa E-scrap Recycling Market
29.1. Africa E-scrap Recycling Market Overview
29.2. Africa E-scrap Recycling Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa E-scrap Recycling Market, Segmentation by Processed Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa E-scrap Recycling Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. E-scrap Recycling Market Competitive Landscape and Company Profiles
30.1. E-scrap Recycling Market Competitive Landscape
30.2. E-scrap Recycling Market Company Profiles
30.2.1. TES-AMM Japan
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. DOWA Holdings Co. Ltd.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Aurubis AG
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Tetronics Holdings Ltd
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Boliden AB
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. E-scrap Recycling Market Other Major and Innovative Companies
31.1. JX Nippon Mining & Metals Corporation
31.2. Sims Lifecycle Services Ltd
31.3. Umicore N.V.
31.4. Stena Metall AB
31.5. Retronix Inc.
31.6. Technology Conservation Group Inc.
31.7. Sage Sustainable Electronics LLC
31.8. Enviro-Hub Holdings Ltd
31.9. Quantum Lifecycle Partners LP
31.10. Dynamic Recycling Inc.
31.11. ERI LLC and Sims Metal Management Limited
31.12. Electronic Recyclers International Inc.
31.13. Advanced Technology Recycling Inc.
31.14. PowerHouse Recycling Inc.
31.15. MBA Polymers Inc
32. Global E-scrap Recycling Market Competitive Benchmarking33. Global E-scrap Recycling Market Competitive Dashboard34. Key Mergers and Acquisitions in the E-scrap Recycling Market
35. E-scrap Recycling Market Future Outlook and Potential Analysis
35.1 E-scrap Recycling Market in 2028 - Countries Offering Most New Opportunities
35.2 E-scrap Recycling Market in 2028 - Segments Offering Most New Opportunities
35.3 E-scrap Recycling Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Ethnic Food Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on ethnic food market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for ethnic food? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Food Type: Veg; Non-Veg
2) By Culture: American; Chinese; Japanese; Mexican; Italian; Other Cultures
3) By Distribution: Supermarkets/Hypermarkets; Convenience Stores; Online Retail Channels; Other Distribution Channels
4) By Application: Restaurant; Household

Key Companies Mentioned: Nestlé S.A.; Associated British Foods plc; General Mills Inc.; Taco Bell Corp.; Conagra Brands Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Cargill Incorporated
  • Koninklijke DSM N.V.
  • DuPont de Nemours Inc.
  • International Flavors & Fragrances Inc.
  • Essential Oils New Zealand Limited
  • Givaudan SA
  • Symrise AG
  • Mane SA
  • doTERRA International LLC
  • Sensient Technologies Corporation
  • Robertet SA
  • Firmenich International SA
  • Ungerer Limited
  • Aromatics International LLC
  • Young Living Essential Oils LC
  • Mountain Rose Herbs
  • Falcon Essential Oils
  • The Lebermuth Company Inc.
  • BIOLANDES SAS
  • Rocky Mountain Oils LLC
  • Edens Garden
  • Plant Therapy LLC
  • Florihana
  • Aromaaz International
  • Stillpoint Aromatics LLC
  • Wyndmere Naturals Inc.
  • Aromatherapy Associates Limited
  • Farroti Essential Oils Pvt. Ltd.
  • Indian Essential Oils
  • Oshadhi Ltd.
  • Floracopeia Inc.

Methodology

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