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Ethnic Supermarkets in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Ethnic Supermarkets Market Research Report | Consumer Goods & Services | Food & Beverage Stores | Dec 2013

Expanding flavors: Growing Hispanic and Asian markets will continue to bolster performance

IBISWorld’s Ethnic Supermarkets market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$28bn
Annual Growth 08-13
0.9%
Annual Growth 13-18
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Profit
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Employment
135,520
Businesses
18,317
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.

Meats

The meat counter of an ethnic supermarket is estimated to be the most frequented department... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Ethnic Supermarkets Industry?

Supermarkets in this industry retail food to specific ethnic groups. This includes Asian, Hispanic and other ethnic grocery stores that carry mainly specialty products not found in mainstream supermarkets.

Industry Products
MeatsProduceFrozen foodsDairy itemsBeverages (including alcohol)Other food itemsNon-food items
 
Industry Activities
Retailing Asian groceriesRetailing Hispanic groceriesRetailing groceries for other ethnicities


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