Industry Analysis & Industry Trends
The Ethnic Supermarkets industry is composed of retailers that sell culturally diverse food for consumption at home. Demand for the industry's products has been driven by the growing Hispanic and Asian populations in the United States, which together make up a significant share of industry sales. This growth has created an environment in which ethnocentric food retailers have thrived. Fortunately for ethnic supermarkets, conditions are only expected to get better for the industry over the next five years. As the Asian and Hispanic populations continue to grow domestically and disposable income improves in line with the economy, demand for cultural foods will increase further.... purchase to read more
Industry Report - Industry Products Chapter
The products and services offered in ethnic supermarkets closely resemble those offered in the general supermarket realm. Shoppers in ethnic supermarkets are likely to encounter a meat counter, bakery, dairy section and produce aisles, but the main difference is the ethnic characteristics of the items for sale. Furthermore, the nonfood items in ethnic supermarkets largely represent foreign counterparts to the familiar array of sundries found in mainstream supermarkets, such as personal care products, vitamins, books, games and DVDs.
The meat counter of an ethnic supermarket is estimated to be the most frequented department... purchase to read more