Press release
United States Ethnic Foods Market Size, Share Analysis, Trends & Outlook 2024-2032
IMARC Group's report titled "United States Ethnic Foods Market Report by Cuisine Type (American, Chinese, Japanese, Mexican, Italian, and Others), Food Type (Vegetarian, Non-Vegetarian), Distribution Channel (Food Services, Retail Stores), and Region 2024-2032",The United States ethnic foods market size is projected to exhibit a growth rate (CAGR) of 7.47% during 2024-2032.The rising demand for global cuisines among consumers in America is one of the factors responsible for the growth of the United States ethnic foods market. Additionally, the market is bolstering due to the shift of consumers towards opting for diverse options, which is creating a need for authentic ethnic foods that offer a taste of various cultural heritages. Besides this, the market is further catalyzed by the rise of culinary tourism and food media, which have played a major role in popularizing ethnic cuisines and making dishes from Asia, Latin America, and the Middle East more mainstream. Millennials as well as Gen Z consumers, who are generally more adventurous in their eating habits than older generations, are significant contributors to this growing demand. They are also more health-conscious and tend to seek out ethnic foods that align with their preferences for natural and wholesome ingredients, contributing to the growth of the market.
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● United States Ethnic Foods Market Trends and Drivers
The expansion of ethnic food offerings in mainstream supermarkets and the rise of specialty food outlets are making these foods more accessible to a broader audience, further augmenting the market. In addition to this, retailers are increasingly recognizing the sales potential of ethnic foods and are inflating their product portfolios to include a variety of authentic ingredients and ready-to-eat options, thereby bolstering the market. Moreover, the food service industry, such as restaurants and food trucks, continues to diversify its offerings, often incorporating ethnic foods into its menus or focusing entirely on specific cuisines, which is anticipated to drive the United States ethnic foods market over the forecasted period.
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Report Segmentation:
The report has segmented the market into the following categories:
Cuisine Type Insights:
● American
● Chinese
● Japanese
● Mexican
● Italian
● Others
Food Type Insights:
● Vegetarian
● Non-Vegetarian
Distribution Channel Insights:
● Food Services
● Retail Stores
Regional Insights:
● Northeast
● Midwest
● South
● West
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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