(MENAFN - GlobeNewsWire - Nasdaq) itemprop="articleBody">
Dublin, Dec. 10, 2018 (GLOBE NEWSWIRE) -- The "Ethnic Foods Market - Growth, Trends and Forecasts (2018-2023)" report has been added to ResearchAndMarkets.com's offering.
The global ethnic foods market is expected to grow at a CAGR of 5.1% during the forecasted period (2018-2023).
Eating healthy food products which matches the tastes and preference are the main factors for growing demand of ethnic foods among the consumers. In developing countries, due to the increasing consumer knowledge, consumers are expecting those ethnic food products that benefit their overall health and have high natural nutrition value (which are prepared without any additives).
Rise in consumption for health foods is driving the demand for ethnic foods market around the world, distributed through both food service or in the ready-to-eat foods or online food servicing applications. With the increasing movement of world population for the purpose of employment, education and tourism from one country to another, the demand for ethnic food is increasing.
The global ethnic cuisine market can be attributed to the increasing migration of world population, which in turn is increasing the preference for ethnic cuisines in the restaurants. With the increasing movement of world population for the professional or personal purpose from one country to another, the demand for ethnic food is bound to increase. The ethnic food segment gives the customer a viable option to eat their own country specific food, while living in another country. They also provide the customer the choice to eat food from other cultures/countries while sitting in their home country.
Some of the leading manufacturers and suppliers of the ethnic foods in the global scenario are Ajinomoto Foods, Associated British Foods PLC and Tasty Bite. These companies are focusing on expansion of facilities and product portfolio due to the growing demand for ethnic foods in its application industry. Consumers are now more aware of the positive effects of naturally or freshly prepared food, which is likely to create more opportunities in the market in the future.
Key Topics Covered
2. Ethnic Foods Market Insights
3. Ethnic Foods Market Dynamics
4. Ethnic Foods Market Regional Segmentation and Analysis
5. Ethnic Foods Market Competitive Landscape
6. Ethnic Foods Market Company Profiles
- Ajinomoto Foods
- Aryzta AG
- Associated British Foods PLC
- MTR Foods
- Natco Foods
- Santa Maria UK Ltd.
- Wanis International Food
- Asli Fine Foods
- TRS Ltd.
- Tasty Bites
For more information about this report visit https://www.researchandmarkets.com/research/28ggb2/ethnic_foods?w=12
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Laura Wood, Senior Press Manager For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Food