North America Ethnic Food Market Size & Outlook, 2024-2030
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North America ethnic food market highlights
- The North America ethnic food market generated a revenue of USD 12,857.3 million in 2024.
- The 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.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 12,857.3 million |
| Market revenue in 2030 | USD 19,956.7 million |
| Growth rate | 7.6% (CAGR from 2024 to 2030) |
| Largest segment | Mexican |
| Fastest growing segment | Mexican |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 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, North America region accounted for 26.4% of the global ethnic food market in 2024.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 4,628.8 million by 2030.
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Ethnic Food Market Scope
Ethnic Food Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Asli Fine Foods | View profile | 11-50 | Woodridge, Illinois, United States, North America | https://aslifinefoods.com |
| Premier Foods PLC | View profile | 4048 | Premier House, Griffiths Way, Centrium Business Park, Saint Albans, Hertfordshire, United Kingdom, AL1 2RE | https://www.premierfoods.co.uk |
| Paulig | View profile | 5001-10000 | Helsinki, Southern Finland, Finland, Europe | https://www.pauliggroup.com |
| Aryzta AG | View profile | 8045 | Ifangstrasse 9, Schlieren, Switzerland, 8952 | https://www.aryzta.com |
| Orkla ASA | View profile | 19671 | Drammensveien 149, Oslo, Norway, NO-0277 | https://www.orkla.no |
| Ajinomoto Co Inc | View profile | 43318 | 15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, Japan, 104-8315 | http://www.ajinomoto.co.jp |
| McCormick & Co Inc | View profile | 13800 | 24 Schilling Road, Suite 1, Hunt Valley, MD, United States, 21031 | https://www.mccormickcorporation.com |
| General Mills Inc | View profile | 34000 | Number One General Mills Boulevard, Minneapolis, MN, United States, 55426 | https://www.generalmills.com |
| Associated British Foods PLC | View profile | 133000 | 10 Grosvenor Street, Weston Centre, London, United Kingdom, W1K 4QY | https://www.abf.co.uk |
North America 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 45.06% in 2024. Horizon Databook has segmented the North America ethnic food market based on chinese, japanese, mexican, italian covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to North America ethnic food market databook:
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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 North America 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 continent-level data and insights on the North America ethnic food market , including forecasts for subscribers. This continent databook contains high-level insights into North America ethnic food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America ethnic food market report size, by country, 2018-2030 (US$M)
North America Ethnic Food Market Outlook Share, 2024 & 2030 (US$M)
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