The ethnic food market size is expected to see rapid growth in the next few years. It will grow to $107.5 billion in 2030 at a compound annual growth rate (CAGR) of 11.4%. The growth in the forecast period can be attributed to rising demand for convenient ethnic food formats, expansion of e-commerce grocery platforms, growing health-conscious ethnic food innovations, increased premium positioning of traditional cuisines, rising penetration of ethnic brands in mainstream retail. Major trends in the forecast period include growing demand for ready-to-eat ethnic meals, expansion of online distribution for ethnic foods, rising popularity of authentic regional cuisines, increasing availability of plant-based ethnic options, premiumization of traditional ethnic recipes.
The growing trend of food tourism is a key factor driving the growth of the ethnic food market. Food tourism, also known as culinary or gastronomic tourism, involves traveling to different destinations primarily to explore and experience local food and beverage offerings. The rise of food tourism encourages the discovery of diverse cuisines, increasing interest in and demand for ethnic foods beyond local markets. For instance, in July 2023, TravelDailyNews Media Network, a U.S.-based media company, reported that the food tourism market is projected to reach $999.03 billion in 2023 and grow to $4.11 trillion by 2033. Additionally, the industry currently attracts 5.382.3 million tourists annually. Therefore, the increasing popularity of food tourism is expected to drive the ethnic food market.
Key companies in the ethnic food market are focusing on business expansion through new product development and entry into new geographic markets to unlock additional opportunities, strengthen revenue streams, and enhance competitive positioning. Such strategies allow brands to reach broader audiences, promote cultural relevance, and capitalize on the rising global demand for authentic international cuisines. For example, in March 2024, Truly Indian, an India-based brand promoting authentic Indian foods, launched in the U.S. at the Natural Products Expo West 2024, a leading trade show for natural and organic products. This launch aimed to introduce U.S. consumers to high-quality Indian foods while reinforcing the brand’s authenticity and cultural heritage, thereby strengthening its market presence and supporting international growth.
In November 2025, FDP Group, a Canada-based foodservice distribution and logistics company, acquired Yen Bros Food Service for an undisclosed amount. Through this acquisition, FDP Group aims to expand its geographic reach, enhance foodservice distribution capabilities, diversify its product portfolio, and improve service efficiencies to better support customers across Western Canada. Yen Bros Food Service is a family-owned Canadian distributor specializing in fresh, frozen, and dry food products for restaurants, hotels, and institutional clients.
Major companies operating in the ethnic food market 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 2025. The regions covered in the ethnic food market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the ethnic food market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
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.
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Table of Contents
Executive Summary
Ethnic Food Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses 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.
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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, including technological disruption, regulatory shifts, and changing consumer preferences? The ethnic food market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, 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. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- 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 technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- 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.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- 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 company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Food Type: Veg; Non-Veg2) By Culture: Chinese; Japanese; Mexican; Italian
3) By Distribution: Supermarkets or Hypermarkets; Convenience Stores; Online Retail Channels; Other Distribution Channels
4) By Application: Restaurant; Household
Subsegments:
1) By Veg: Vegetarian Meals; Plant-Based Dishes; Ethnic Vegetarian Snacks2) By Non-Veg: Meat-Based Dishes; Poultry Dishes; Seafood Options
Companies Mentioned: 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
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Italy; Spain; Canada
Regions: Asia-Pacific; South East Asia; 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: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Ethnic Food market report include:- 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
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 69.84 Billion |
| Forecasted Market Value ( USD | $ 107.5 Billion |
| Compound Annual Growth Rate | 11.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 31 |

