Market Share of Ethnic Foods Industry
The ethnic foods market is competitive, with various small and medium-sized companies. Some major companies in the market include Ajinomoto Co. Inc., McCormick & Company Inc., Associated British Foods PLC, and General Mills Inc.
By developing diversified product portfolios, which include popular cuisines such as Chinese, Italian, Indian, English, French, Mexican, Caribbean, and African, the leading companies are marketing various cuisines to consumers. The top players have also succeeded in providing their products across multiple channels of distribution, particularly supermarkets and hypermarkets, which also happen to hold some of the largest segments in terms of distribution channels in the market studied.
Ethnic Food Market Leaders
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Ajinomoto Co. Inc.
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McCormick & Company Inc.
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General Mills, Inc.
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Associated British Foods PLC
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Orkla ASA
*Disclaimer: Major Players sorted in no particular order