Top 8 Ethnic Foods Companies in the World

The global ethnic foods market size reached US$ 54.0 Billion in 2023. As per the analysis by IMARC Group, the top ethnic foods companies are offering a range of ready-to-eat (RTE), ready-to-cook (RTC), and frozen ethnic foods, such as noodles, pizza, hot dogs, soups, curries, and pasta, in new flavors, sizes, and variants to cater to changing consumer preferences. Moreover, the leading manufacturers are focusing on improving their product quality, enhancing packaging, expanding cuisine variants, and elevating overall consumer convenience. They are also introducing various ethnic foods in novel and healthier variants to cater to the preferences of a diversified consumer base. Besides this, the launch of ethnic fusion cuisines that blend the culinary tradition of two or more countries to create innovative dishes with excellent nutritional content, unique taste, and exotic flavors is propelling market growth. In addition, several key players are leveraging online retail channels, such as e-commerce platforms, to market and sell their products to a broader customer base and boost product sales. Looking forward, IMARC Group expects the market to reach US$ 110.4 Billion by 2032, exhibiting a growth rate (CAGR) of 8.02% during 2024-2032.

Learn about opportunities, challenges, and trends in the global Ethnic Foods market with IMARC’s market research report. Try a free sample today!

List of Top Companies Operating in the Ethnic Foods Industry Worldwide:

The global ethnic foods market has several major players including Ajinomoto Co. Inc., Asli Fine Foods, McCormick & Company Inc., MTR Foods Pvt. Ltd. (Orkla ASA), Natco Foods Ltd., Old El Paso (General Mills), Santa Maria UK Ltd. (Paulig Group), and TRS Ltd. More information about these companies has been provided below.

1. Ajinomoto Co. Inc.

Ajinomoto Co., Inc. is a global food and biotechnology leader specializing in the production of a wide range of health and wellness products. Its main lines of business include seasoning and foods, frozen foods, healthcare, and others. In addition, the company manufactures high-quality products spanning the largest categories of ethnic frozen foods, such as Asian and Mexican, and coats appetizers across all distribution channels, including food service, grocery, warehouse club, and custom manufacturing. Currently, Ajinomoto operates across 20 countries around the world and generates almost 80% of its total revenue from Japan.

2. Asli Fine Foods 

Asli Fine Foods is an industry leader in ethnic foods and is one of the world’s largest food and oil distributors, offering a range of over 20,000 premium quality products in local and international brands, including Asli, American, Puja, Pola, and Simba. Its principal brand, Asli, sells all types of selected best-quality beans, edible oils, flour, lentils, nuts, spices, rice, and pickles. The company distributes and supplies these products to grocery multiples, the foodservice and ethnic markets, other distributors, and industrial wholesalers across the USA and Canada. With a diverse range of gourmet ingredients, Asli Fine Foods caters to the Indian, Pakistani, Bengali, Hispanic, Asian, and African communities and the mainstream markets.

3. McCormick & Company Inc. 

McCormick & Company Inc. Is a global leader in flavors, seasonings, spices, and other food ingredients. The company operates under two segments, including Consumer and Flavor Solutions, and is mainly engaged in the production, marketing, and distribution of spices, seasoning mixes, condiments, and other flavorful products. It offers a diverse and well-balanced flavor portfolio for food manufacturers, food service operators, and restaurants. McCormick has various brands under its umbrella, such as Lawry’s, Club House, and McCormick, and ethnic labels Zatarain’s, Thai Kitchen, and Simply Asia.

4. MTR Foods Pvt. Ltd. (Orkla ASA) 

MTR Foods Pvt. Ltd. is a wholly-owned subsidiary of Norwegian conglomerate Orkla ASA and a renowned Indian heritage brand. The Orkla global group consists of four business units, including Orkla Foods Nordic, Orkla Brands Nordic, Orkla Food Ingredients, and Orkla Brands International. It has a diverse product portfolio comprising Ready to eat (RTE) curries, rice, soups, breakfast mixes, dessert mixes, snack mixes, beverages, spices & masala, and a variety of accompaniments, such as pickles and papad. The company has established itself as a pioneer of authentic Indian vegetarian food, marking its global presence for its broad range of packaged products and recipes. Today, the brand has become a household name across the USA, Canada, the UK, Germany, Australia, New Zealand, the Middle East, Japan, and South East Asian countries.

5. Natco Foods Ltd. 

Natco Foods Ltd. is a leading UK-based brand and supplier of lentils, spices and herbs, grains, nuts, chutneys, poppadoms, gram flour, rice, sauces, seeds, and pickles. The company markets and sells its products to retailers, wholesalers, manufacturers, and supermarket chains throughout the UK. It also has a strong presence in Europe, North America, West Africa, and the Middle East. Besides this, Natco Foods supports manufacturers with own-label packaging and the supply of bulk ingredients.

6. Old El Paso (General Mills) 

Old El Paso is a leading brand of Tex-Mex style foods from General Mills, one of the largest food companies in the world. It is a popular food brand that offers a wide variety of Mexican food and recipes for various traditional Mexican dishes. It has an extensive product portfolio comprising a full line-up of meal items, such as dinner kits, taco shells, seasonings, tortillas, sauces, rice and beans, toppings, shredded cheese, and snacks.

7. Santa Maria UK Ltd. (Paulig Group) 

Santa Maria UK Ltd. is one of the largest seasoning companies in the Nordic market. It is part of the family-owned food and beverage company, Paulig Group. Santa Maria UK Ltd aims to constantly provide the best quality spices and seasonings from around the world, from the raw ingredients - to the kitchens of home and professional cooks. Its main product concepts are spices, Mexican, Thai Food, Indian Food, and BBQ. The company has a significant position in the UK and Ireland in Mexican food, snacks, and spices.

8. TRS Ltd.

TRS Ltd. brought the finest authentic Asian foods to the UK and is one of the largest suppliers of ethnic foods within the European market today. The company is engaged in the sourcing and wholesale distribution of ethnic food products from around the world. Its broad product portfolio comprises lentils, beans, peas, spices and masalas, flour, dried fruits and nuts, canned foods, rice, pastes, pickles and chutneys, assorted provisions (oils, food colors, and lemon juices and dressings), papads and masalas. TRS is a market-leading brand in the UK independent sector and has a growing presence in several major UK multiples. At present, the brand is also available throughout the European Union, Canada, the USA, and Russia.

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