U.S. Ethnic Food Market Size & Outlook, 2024-2030
U.S. ethnic food market, 2018-2030 (US$M)
Related Markets
U.S. ethnic food market highlights
- The U.S. ethnic food market generated a revenue of USD 8,631.0 million in 2024 and is expected to reach USD 13,418.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 7.6% from 2025 to 2030.
- In terms of segment, mexican was the largest revenue generating type in 2024.
- Mexican is the most lucrative type segment registering the fastest growth during the forecast period.
Ethnic food market data book summary
| Market revenue in 2024 | USD 8,631.0 million |
| Market revenue in 2030 | USD 13,418.9 million |
| Growth rate | 7.6% (CAGR from 2024 to 2030) |
| Largest segment | Mexican |
| Fastest growing segment | Mexican |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chinese, Japanese, Mexican, Italian |
| Key market players worldwide | Associated British Foods PLC, General Mills Inc, Ajinomoto Co Inc, McCormick & Co Inc, Orkla ASA, Aryzta AG, Paulig, Premier Foods PLC, Asli Fine Foods |
Other key industry trends
- In terms of revenue, U.S. accounted for 17.7% of the global ethnic food market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. ethnic food market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 2,665.2 million by 2030.
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Ethnic Food Market Scope
Ethnic Food Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. ethnic food market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ethnic food market will help companies and investors design strategic landscapes.
Mexican was the largest segment with a revenue share of 48.47% in 2024. Horizon Databook has segmented the U.S. ethnic food market based on chinese, japanese, mexican, italian covering the revenue growth of each sub-segment from 2018 to 2030.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of U.S. ethnic food market databook
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Our clientele includes a mix of ethnic food market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. ethnic food market , including forecasts for subscribers. This country databook contains high-level insights into U.S. ethnic food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. ethnic food market report size, by type, 2018-2030 (US$M)
U.S. Ethnic Food Market Outlook Share, 2024 & 2030 (US$M)
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