United States Gourmet Food Market to Reach US$ 48.38B by 2031, Growing at 7.11% CAGR | Key Players like Nestlé, Unilever, Mars Driving Gourmet Food Market Expansion

The Global Gourmet Food Market reached US$ 27.93 billion in 2023 and is projected to witness lucrative growth, reaching US$ 48.38 billion by 2031. The market is growing at a CAGR of 7.11% during the forecast period (2024-2031), according to DataM Intelligence report.

The gourmet food market encompasses high-quality, premium, and specialty food products made with authentic ingredients and superior craftsmanship. These foods are often associated with unique flavors, artisanal preparation methods, and exclusivity. Gourmet products include fine cheeses, chocolates, meats, beverages, and ready-to-eat items. Rising consumer preference for luxury dining experiences and healthy indulgence fuels the market's expansion.

Recent Product Launches / Initiatives:

✔ Lay's Gourmet (India) PepsiCo India launched Lay's Gourmet chips in the premium snacks segment with flavors like Lime & Cracked Pepper, Thai Sweet Chilli, and Vintage Cheese & Paprika.

✔ Saffola Oats New Gourmet Flavours Saffola introduced four gourmet-style oats variants: Nutty Chocolate, Apple & Almonds, Spicy Mexicana, and Cheesy Italia.

✔ Flipkart Minutes - Gourmet Vertical - Flipkart's quick-commerce arm launched a new gourmet category in major metro hubs, featuring over 650 premium food products across 130+ brands.

✔ Karen Anand's KA Gourmet Line KA Gourmet expanded with six new premium sauces and condiments, including KA Sriracha Sauce and KA Chilli Garlic Crisp, aimed at gourmet cooking enthusiasts.

✔ Cargill's Innovative Gourmet Ingredients - Cargill introduced products like Gemini Plus Trans Fat-Free Vanaspati, NatureFresh Professional Elite Choice for aerated cookies, and Lite butter-flavored fat for bakery applications.

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☛ Gourmet Food Market Dynamics and Drivers

The gourmet food market is growing rapidly due to the increasing demand for premium dining experiences, healthier indulgence, and organic ingredients. Consumers, particularly millennials and Gen Z, are willing to pay more for quality, authenticity, and unique taste profiles. Urbanization, rising disposable incomes, and the influence of global culinary trends are boosting gourmet consumption both at home and in restaurants.

E-commerce is a significant growth driver, with online gourmet food sales expanding through subscription boxes and digital specialty stores. The market also benefits from the surge in international cuisines, fine dining culture, and gifting trends. Additionally, sustainability and ethical sourcing are influencing consumer choices, pushing producers to innovate with eco-friendly packaging and farm-to-table solutions.

☛ Gourmet Food Industry News:

➣ In April 2025, global gourmet chocolate sales grew by 8.2% year-on-year, driven by rising demand in North America and Europe for premium artisanal products.

➣ A leading gourmet food subscription service reported a 35% increase in monthly active users in the first half of 2025, highlighting the digital shift in food retail.

➣ In May 2025, the premium organic cheese segment witnessed 12% growth, supported by rising consumer preference for sustainable dairy products.

➣ A luxury hotel chain partnered with gourmet suppliers, resulting in a 20% surge in fine dining orders, reflecting the role of tourism in gourmet food demand.

☛ Gourmet Food Market Competitive Landscape:

Mondelēz International, Inc., General Mills Inc., Unilever PLC, Mars Inc., Associated British Foods plc, Nestlé S.A., Kraft Heinz Company, Danone S.A., Ferrero Group, and Kerry Group.Research Methodology

We employ a hybrid approach, integrating qualitative insights with robust quantitative analysis to deliver comprehensive and reliable market intelligence. The process starts with extensive secondary research, leveraging trusted industry publications, proprietary databases, and credible market sources. This foundation is then strengthened through targeted primary research, including structured surveys and in-depth interviews with industry leaders, subject matter experts, and key market participants.

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☛ Segment Covered in the Gourmet Food Market:

➠ By Product Type (Dairy and Frozen Desserts, Bakery and Confectionery, Snacks and Savories, Others)

➠ By Distribution Channel (Speciality Stores, Supermarkets and Hypermarkets, Online Platforms, Others)

➠ By End-User (Residential, Commercial)

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☛ Regional Analysis for Gourmet Food Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

☛ Frequently asked questions:

➠ What is the global sales, production, consumption, import, and export value of the Gourmet Food Market?
➠ Who are the key global manufacturers, and what is their operational performance?
➠ What are the major opportunities and threats in the global Gourmet Food Market?
➠ Which product types or end-users show the most growth potential and market share?
➠ What challenges and constraints are impacting the Gourmet Food Market?
➠ What sales, marketing, and distribution channels are used globally?

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