Mexican/Hispanic foods represent the largest segment of the ethnic foods market with nearly two thirds (62%) of sales. In fact, Mexican food has become so mainstream, it’s hardly considered ethnic any more. Nearly six in 10 respondents say they have cooked Mexican food in the past month. However, it’s the Asian and Indian food segments that are driving the market’s growth, with 11% and 35% growth respectively from 2006-08.
“Since 2005, there are over one million foreigners becoming legal permanent residents in the US each year,” says David Browne, senior analyst at Mintel. “This escalating group is influencing the American palate and piquing Americans’ interest in new cuisines.”
According to Mintel, income is one of the strongest predictors of ethnic food cooking. 92% of respondents with household incomes more than $150,000 have cooked ethnic food in the past month. Young adults are also among the most adventurous when it comes to global cuisines. Some 91% of respondents aged 18-24 have cooked ethnic food in the same timeframe.
In addition to the growing diverse population, a resurgence in cooking and product innovation are helping to drive sales. Due to the economic downturn, the growing popularity of cooking shows and a rise in international travel, more Americans are classifying themselves as ‘cooking enthusiasts’ and are having fun with cooking and experimenting with new flavours and foods.
According to David Browne: “Food manufacturers are answering the call of these new cooking enthusiasts by providing home cooks with ethnic sauces and seasonings to add with their own meat and vegetables or taking it a step further with meal solutions and pre-made meal kits.”
Two thirds of respondents prefer to cook their ethnic meals ‘from scratch’, while the remaining third of consumers prefer ethnic foods that require less time and preparation, therefore opting for meal solutions or heat-and-serve meals.
Source: Mintel Oxygen Reports
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