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Stock impact report

Ethnic Foods Market to Reach USD 200.9 Billion by 2032, Growing At A 7.06% CAGR - Credence Research [Yahoo! Finance]

ConAgra Brands, Inc. (CAG) 
Last conagra brands, inc. earnings: 3/31 07:28 am Check Earnings Report
US:NYSE Investor Relations: conagrabrands.com/investor-relations
Company Research Source: Yahoo! Finance
The market was valued at USD 107.9 Billion in 2023 and is projected to reach USD 200.9 Billion by 2032, reflecting a CAGR of 7.06%. The rising influence of globalization, international travel, and migration has fueled demand for authentic ethnic cuisines, while the expansion of food delivery services and retail availability has made these products more accessible. Additionally, evolving dietary preferences, such as the rising popularity of plant-based and gluten-free ethnic foods, have further contributed to market expansion. The industry is also benefiting from increased innovation in product offerings, with manufacturers focusing on convenient, ready-to-eat meals and healthier ingredient formulations. Leading food brands and restaurant chains are expanding their portfolios to cater to consumers seeking authentic flavors from Asian, Middle Eastern, Latin American, and Mediterranean cuisines. The growing presence of ethnic food sections in supermarkets and specialty stores, coupled Show less Read more
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