Veea to Participate in the 37th Annual Roth Conference
The Company will host 1x1 investor meetings during the conference. To schedule a meeting with Veea, please contact your Roth representative.
About VeeaVeea Inc. (NASDAQ: VEEA) was formed in 2014 and is headquartered in New York City with a rich history of major innovations in the development of advanced networking, wireless and computing technologies. Veea® has unified computing, communications, edge storage and cybersecurity solutions through fully integrated cloud- and edge-managed products. Veea's pioneering Multiaccess Edge Computing (MEC) product, developed from the ground up in several compact form factors, brings together the functionality typically provided for through any combination of servers, Network Attached Storage (NAS) devices, routers, firewalls, Wi-Fi APs, IoT gateways, 4G or 5G wireless access, and Cloud Computing by means of multiple hardware, software and systems integrated and maintained by IT/OT professionals.
Veea Edge Platform™ is a cloud-managed full-stack platform designed to manage multi-vendor heterogeneous devices with a Linux server hosting VeeaWare stack to enable compute capabilities with any combination of GPUs, TPUs, and NPUs on a networking and computing mesh. VeeaHub products are hyperconverged, multi-access and multi-protocol devices that provide for control plane management of heterogeneous devices on any vMesh cluster. This leading-edge solution enables network slicing for seamless connectivity across diverse network environments with Network Function Virtualization (NFV) and advanced Software Defined Networking (SDN) with fixed-line and/or wireless WAN connection, including 5G. AI-driven cybersecurity and Zero Trust Network Access (ZTNA) provide for a highly simplified Secure Access Service Edge (SASE). Its integrated compute and storage support a virtualized software environment enabling cloud-native applications to run in Secured Docker™ containers. Veea Edge Platform provides for end-to-end cloud management of devices, applications and services. Veea Developer Portal and development tools provide for rapid development of edge applications. The combined capabilities with AI-driven intelligence enables unparalleled scalability, security, and operational efficiency for enterprises, IoT ecosystems, and next-gen AI applications.
Veea has been recognized in 2021 and 2023 by Gartner for the innovativeness and capabilities of its Edge Computing platform. Veea was named a top 10 Edge AI solution provider alongside IBM, Microsoft, AWS and others in Market Reports in its research report published in October 2023. For more information, visit veea.com and follow us on LinkedIn.
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Ottawa, July 14, 2025 (GLOBE NEWSWIRE) -- The global digital biomarkers market size was valued at USD 4.15 billion in 2024 and is predicted to hit around USD 32.37 billion by 2034, a study published by Towards Healthcare a sister firm of Precedence Research. The growth of the market is driven by the growing demand for wearable devices, biosensors, desktop software, mobile apps, and many more from which industry drives the growth of the Takeaways North America dominated the digital biomarkers market share by 59% in 2024. Asia-Pacific is anticipated to grow at the fastest rate in the market during the forecast period. By system component, the data collection tools segment registered its dominance over the global market in 2024. By system component, the data integration systems segment is predicted to witness significant growth in the market over the forecast period. By application, the cardiovascular disease segment held the largest share of the digital biomarkers market in 2024. By application, the respiratory disease segment is estimated to grow at the fastest rate in the market during the forecast period. By clinical practice, the diagnostic digital biomarkers segment led the global market in 2024. By clinical practice, the monitoring digital biomarkers segment is anticipated to grow with the highest CAGR in the market during the studied years. By end-use, the healthcare companies segment held a dominant presence in the digital biomarkers market in 2024. By end-use, the payers segment is projected to expand rapidly in the market in the coming years. Market Overview & Potential Digital biomarkers are objective and measurable physiological and behavioral data collected via digital devices such as wearables, smartphones, and other sensors. They help explain, influence, or predict health outcomes by offering real-time insights into a person's health. Examples include heart rate, sleep patterns, and activity levels, which are tracked by wearables to evaluate cardiovascular health, sleep quality, and physical activity. Gait and speech patterns can also be digitally measured to detect or monitor neurological conditions like Parkinson's disease. Digital assessments of cognitive processing speed and memory assist in identifying cognitive decline, such as in Alzheimer's disease. Additionally, continuous glucose monitoring (CGM) systems track blood sugar levels in real time for diabetes management with technology. Access detailed segmentation statistics, CAGR trends, and forecast figures in our What Are the Key Growth Factors Responsible for The Growth of The Digital Biomarkers Market? Digital biomarkers are mainly fueled by the widespread use of wearable and smart devices such as smartwatches, fitness trackers, and mobile health apps. Key drivers include data-driven insights, consumer engagement, advancements in healthcare technology like cloud integration and AI, digital therapeutics and diagnostics, improved data analysis, and the rising need for personalized and remote patient monitoring. Cost-effectiveness and patient empowerment also play crucial roles. These factors increase data availability, which, when combined with AI and machine learning, improve healthcare delivery and decision-making, leading to market growth and expansion. Additionally, factors like the growing prevalence of chronic diseases, an aging population, and increased digitalization in healthcare support further adoption and market expansion. What are the Growing Trends Associated with the digital biomarkers market? Integration Of AI and Machine Learning The integration of AI and ML for optimization and to analyze data for wearables and other digital devices for more active and personalized healthcare solutions. Personalized and Preventive Healthcare The digital biomarkers play a crucial role in remote patient monitoring, which allows continuous tracking of patient health and also helps in early detection. Advancements In Wearable Technology The advancements in wearable technology for enhancing the wider range of physiologic and behavioral data to create a comprehensive digital biomarker solution. Use In Drug Development and Clinical Trials To improve efficiency and identify digital endpoints and to stratify the patient population the digital biomarkers are extensively used in clinical trials and drug development. You can place an order or ask any questions, please feel free to contact us at sales@ What is the Growing Challenge in the digital biomarkers market? The key challenge responsible for the hindrance in the growth of the market is the commercialization and adoption of the market. The high development costs of developing a digital biomarker are a challenge due to limited adoption in the price-sensitive market and are a barrier for commercialization and especially for small companies, which limit the growth of the market. Securing returns on investments and integrating them into healthcare is also another challenge in the market, which limits the growth and expansion of the market. Regional Analysis How did North America Dominate the digital biomarkers market in 2024? North America dominated the market share by 59% in 2024. The growth of the market is driven by the rising adoption of technology in the region, especially in the healthcare sector for analysis and optimization, and for enhancing the experience drives the growth of the market in the region. The growth is also driven by the growing use of digital technology for the management of chronic diseases, and also to regulate the healthcare problems associated with the treatment, and also track the patient health record, which increases the adoption of the market and also supports the growth and expansion of the market in the region. In the U.S., digital biomarkers are increasingly used in clinical trials, remote patient monitoring, and chronic disease management. Integration with wearables and mobile apps enables real-time health tracking. Healthcare providers and researchers are adopting them for early diagnosis, personalized treatment, and continuous assessment of neurological, cardiovascular, and metabolic conditions. In Canada, digital biomarkers are increasingly employed in academic and clinical settings to integrate wearable-sensor data into population health studies, monitoring physical activity, sleep, and cardiovascular metrics. Universities like Alberta use smartwatches to track ALS remotely, enabling real-time, decentralized disease monitoring and personalized interventions. Get the latest insights on life science industry segmentation with our Annual Membership: What made Asia Pacific Significantly Grow in the digital biomarkers market in 2024? Asia-Pacific is anticipated to grow at the fastest rate in the market during the forecast period. The growth of the market is driven by the rising adoption of wearables due to growing awareness about the diseases and health concerns associated, which demands for real-time tracking system, which increases the demand for the market in the region and fuels the growth. The young awareness and healthcare expenditure due to the rising prevalence of chronic diseases also contribute to the growth of the market due to increasing adoption. The rapid advancements in technology and demand for more innovative and enhanced remote monitoring are the factors that drive the growth and expansion of the market in the region. In China, digital biomarkers are increasingly leveraged in government-supported telehealth programs, AI-driven diagnostics, and wearable medical devices. Hospitals, tech firms (e.g., Huawei, Xiaomi), and startups integrate sensors for continuous monitoring of vital signs, chronic diseases, and cancer recovery. These tools empower remote care, early detection, and personalized disease management. In India, digital biomarkers are widely used in decentralized clinical trials and remote monitoring via wearables, enabling continuous physiological tracking outside clinics. Notably, continuous glucose monitors (CGMs) like FreeStyle Libre empower real-time diabetes management, reducing HbA1c and guiding personalized therapy Elevate your healthcare strategy with Towards Healthcare. Enhance efficiency and drive better outcomes schedule a call today: Segmental Insights By system component How Did Data Collection Tools Segment Dominate the Digital Biomarkers Market In 2024? The data collection tools segment registered its dominance over the global market in 2024. Data collection tools form the backbone of the market by enabling the continuous and accurate gathering of physiological and behavioral data from individuals. These tools include wearable devices, mobile applications, smart sensors, and remote monitoring systems that capture vital signs, movement patterns, sleep quality, and more. By providing real-time, high-frequency data, they support early disease detection, personalized treatment adjustments, and proactive health management. Their integration into clinical workflows empowers researchers and healthcare providers to make data-driven decisions and enhance patient engagement. The data integration systems segment is predicted to witness significant growth in the digital biomarkers market over the forecast period. Data integration systems are essential for the effective use of digital biomarkers, as they consolidate and harmonize data from diverse sources such as wearables, mobile apps, electronic health records, and laboratory results. These systems ensure that complex, large-scale data is accurately processed, analyzed, and transformed into actionable insights for clinicians and researchers. By enabling a comprehensive view of patient health, data integration systems support personalized treatment plans, improve clinical decision-making, and facilitate seamless collaboration across different healthcare stakeholders, ultimately enhancing patient outcomes. By application Which Application Segment Dominated the Digital Biomarkers Market In 2024? The cardiovascular disease segment held the largest share of the market in 2024. The growth of the market is driven by the increasing prevalence of cardiovascular diseases, which creates a strong demand for innovative diagnostic and monitoring tools. Additionally, rising healthcare expenditure and advancements in digital health technologies in smart wearables, mobile applications, and sensors that track vital signs and activity metrics drive the demand for the market. The rising heart conditions demand personalized and preventive healthcare for monitoring and management of cardiovascular diseases through active plans and disease management drives the growth of the market. The respiratory disease segment is estimated to grow at the fastest rate in the digital biomarkers market during the forecast period. The growth of the market is driven by the increasing prevalence of respiratory diseases and illness post covid which demands effective and advanced monitoring, increasing the demand for the market. The demand for effective monitoring and management due to rising pollution also increases the prevalence of respiratory diseases, which increases demand for advanced digital health technologies for remote and continuous monitoring and tracking of data for early detection and personalized treatment, fueling the growth of the market. By clinical practice How Did Diagnostic Digital Biomarkers Segment Dominate the Digital Biomarkers Market In 2024? The diagnostic digital biomarkers segment led the global market in 2024. Diagnostic digital biomarkers play a crucial role in transforming healthcare by enabling early and accurate detection of diseases through digital tools. These biomarkers, collected via wearable devices, smartphone apps, or sensors, provide continuous, real-time physiological and behavioral data. Their ability to detect changes before clinical symptoms appear supports preventive care and personalized treatment approaches. Additionally, they improve patient monitoring, reduce reliance on invasive tests, and aid clinicians in making data-driven diagnostic decisions, ultimately enhancing patient outcomes. The monitoring digital biomarkers segment is anticipated to grow with the highest CAGR in the market during the studied years. Monitoring digital biomarkers is revolutionizing the way chronic and acute conditions are managed by enabling continuous, real-time tracking of a patient's health status outside clinical settings. Collected through smart wearables, mobile apps, and connected devices, these biomarkers provide valuable insights into disease progression and treatment response. By allowing clinicians to detect deviations from normal patterns early, they support timely intervention, enhance patient adherence, and promote personalized care plans, ultimately improving long-term health outcomes and reducing healthcare costs. By end-use Which End Use Segment Dominated the Digital Biomarkers Market in 2024? The healthcare companies segment held a dominant presence in the market in 2024. Healthcare companies are increasingly adopting digital biomarkers to enhance patient care, accelerate drug development, and improve clinical outcomes. By leveraging data from wearables, sensors, and mobile apps, these companies can gather real-time insights into patients' physiological and behavioral health. This helps in early disease detection, monitoring treatment responses, and personalizing therapies. Additionally, integrating digital biomarkers supports remote patient monitoring and chronic disease management, enabling healthcare providers to offer more efficient, data-driven, and patient-centered care while reducing operational costs. The payers segment is projected to expand rapidly in the digital biomarkers market in the coming years. Payers, including insurance companies and government health programs, are adopting digital biomarkers to improve risk assessment, optimize resource allocation, and control healthcare costs. By utilizing continuous, real-time health data from wearables and connected devices, payers can more accurately evaluate patient health trends and predict potential complications, increasing the demand. This proactive approach enables early intervention, reduces hospital admissions, and supports value-based care models. Furthermore, digital biomarkers help payers design personalized wellness programs, incentivize healthy behaviors, and enhance overall population health outcomes effectively. Recent Developments In December 2024, electronRx, a prominent digital medicine and biomarker firm advancing healthcare via pulmonary innovation, announced the launch of purpleDx, a cardiopulmonary assessment app conforming to medical device standards, at CES 2025 in Las Vegas, USA. This technology allows chronic respiratory disease (CRD) patients to detect and track digital lung function biomarkers at home, while offering clinicians real-time data to tailor treatments and enhance patient outcomes. Top Companies and Their Contributions to the Market Company Contributions & Offerings in Digital Biomarkers Roche Holding AG Develops digital health tools like remote patient monitoring and wearable-integrated platforms for disease tracking. Bio-Rad Laboratories Offers digital PCR and genomics tools supporting biomarker discovery and validation in clinical diagnostics. AliveCor Specializes in ECG monitoring via Kardia devices; provides AI-powered heart health biomarkers via mobile platforms. Biogen Collaborates with tech firms to develop digital biomarkers for neurological diseases like Alzheimer's and MS. IXICO Provides digital imaging biomarkers and analytics for neurodegenerative disease trials using AI and MRI data. Koneksa Develops wearable-integrated platforms to collect real-world data and validate digital biomarkers for pharma trials. Thermo Fisher Scientific Supplies high-throughput genomic and proteomic tools aiding digital biomarker research and validation. Agilent Technologies Offers precision measurement and data platforms for biomarker analysis in diagnostics and life sciences. Epigenomics AG Focuses on blood-based epigenetic biomarkers, especially for early cancer detection using digital quantification. Fitbit Inc Tracks physiological metrics (e.g., heart rate, sleep) used to identify digital biomarkers for chronic conditions. Browse More Insights of Towards Healthcare: The global women's digital health market was valued at USD 3.17 billion in 2024 and grew to USD 3.82 billion in 2025. It is expected to reach around USD 20.92 billion by 2034, growing at a CAGR of 20.54%. 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Top Key players in Digital Biomarkers Market Roche Holding AG Bio-Rad Laboratories AliveCor Biogen IXICO Koneksa Thermo Fisher Scientific Agilent Technologies Epigenomics AG Fitbit Inc Akili Interactive Labs ALTODA AG Kinsa Merck KGaA Siemens Healthineers Huma Segments Covered in the Report By System Component Data Collection Tools Mobile Apps Wearable Digital Platforms Biosensors Desktop-Based Software Data Integration Systems By Application Sleep & Movement Disease Cardiovascular Diseases Respiratory Disease Neurodegenerative Disorders Diabetes Gastrointestinal Disease Psychiatric Disorder Others By Clinical Practice Diagnostic Digital Biomarkers Monitoring Digital Biomarkers Predictive And Prognostic Digital Biomarkers Others (Safety, Pharmacodynamics/ Response, Susceptibility) By End-use Healthcare Companies Healthcare Providers Payers Others (Patients, caregivers) By Region North America U.S. Canada Asia Pacific China Japan India South Korea Thailand Europe Germany UK France Italy Spain Sweden Denmark Norway Latin America Brazil Mexico Argentina Middle East and Africa (MEA) South Africa UAE Saudi Arabia KuwaitYou can place an order or ask any questions, please feel free to contact us at sales@ Gain access to the latest insights and statistics in the healthcare industry by subscribing to our Annual Membership. Stay updated on healthcare industry segmentation with detailed reports, market trends, and expert analysis tailored to your needs. Stay ahead of the curve with valuable resources and strategic recommendations. Join today to unlock a wealth of knowledge and opportunities in the dynamic world of healthcare: Get a Subscription About Us Towards Healthcare is a leading global provider of technological solutions, clinical research services, and advanced analytics to the healthcare sector, committed to forming creative connections that result in actionable insights and creative innovations. We are a global strategy consulting firm that assists business leaders in gaining a competitive edge and accelerating growth. We are a provider of technological solutions, clinical research services, and advanced analytics to the healthcare sector, committed to forming creative connections that result in actionable insights and creative innovations. 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Consumers prefer to experiment with their taste palettes today helping them to explore the cuisines of different regions globally. The exploring nature of consumers is helping in the growth of the ethnic food market. Access the Full Study Instantly | Download Sample Pages of the Report Now@ What is Ethnic Food Market? Gone are the days when people used to prefer limited food items which made them comfortable. Today people like to try cuisines of different regions to experiment with their taste palettes. Hence, the ethnic food market has observed a growth in the recent years. People today prefer to enjoy different types of cuisines and like to try the local food options of different regions. It helps them to understand the culture of different regions more closely and feel to be a part of it as well. Trying different cuisines of a region helps the local food spots to grow as well. It is also the best option to try the authentic cuisine of a region. The high-end restaurant of a place helps one to try local as well as dishes made by the fusion of local and trending dishes. It helps them to attract more customers and allows people to try different options to enhance their taste buds. The whole algorithm also allows one to try a specialty of each cuisine inspired by greens, proteins, or beans. Gen Z and millennials form a huge consumer base for the ethnic food market as this age group likes to experiment with their taste buds and is more interested in trying different types of cuisines globally. Key Highlights of Ethnic Food Market By region, Asia Pacific dominated the ethnic food market in 2024 due to the availability of multiple cuisines and their fusion versions. By region, North America is expected to expand in the foreseen period due to the growing population of the region belonging to different places and introducing their cuisines in North America. By cuisine type, the Asian segment dominated the market in 2024 due to the availability of multiple forms of cuisines in the region to suit the preferences of consumers from different regions. By cuisine type, the Mexican cuisine segment of the ethnic food market is observed to be the fastest growing in the forecast period. By food type, the non-veg segment dominated the ethnic food market in 2024. By distribution channel, the online segment is expected to grow in the forecast period. Rise of Online Platforms: Ethnic Food Market to Grow Rapidly Consumers today prefer to enhance their taste buds and are enthusiastic to try new cuisines of different regions. Hence, it directly helps in the growth of the ethnic food market. Consumers today prefer the bold and unique taste that helps to refresh their taste buds and to get a change from their regular meals. In the UK, for example, sales of bao buns a popular Asian street food have skyrocketed by 45% year-over-year, with searches up 13.7%, and retailers now offer 10+ varieties to meet demand. Additionally, 44% of burger consumers in June 2023 said they'd likely order bao bun burgers, illustrating how bold, ethnic flavors are reshaping mainstream menus. Hence, the enthusiasm to try global cuisines is helping the growth of the market. The growth of online platforms helping people order their favorite cuisines online with the ease of sitting at home also helps in the enhancement of the market. Hence, such situations help in the expansion of the ethnic food market. What are Recent Trends in Ethnic Food Market? Vegetarian and vegan options for ethnic foods are highly in demand today due to rising consumer awareness about the benefits of vegetarian and vegan food for the overall system of the body. Today consumers are also attracted to fusion dishes made by a combination of different types of ethnic cuisines helping in the growth of the ethnic food market. Ethnic snack options are also gaining traction due to the busy schedules of consumers leading to high demand for fast food and finger foods. Ethnic restaurants are partnering with online delivery platforms today to let people enjoy their taste conveniently by ordering at home as well. Healthier options for ethnic meals are also helping in the growth of the ethnic food market as people today prefer healthier food options such as sugar-free, sodium-free, and gluten-free options. Gain Comprehensive Market Insights – Download the Full Databook Today: Market Dynamics Driver Shift in Consumer Demand There are multiple factors contributing to the growth of the ethnic food market. Changing consumer preferences is one of the major reasons for the growth of the market. Consumers today are enthusiastic to try new cuisines apart from their region. It helps them to explore new tastes and flavors to give a change to their taste pallets. The culinary experience also allows consumers to adjust to new environments helpful in situations such as shifting to a new region or traveling to a new place. Ethnic cuisine is also considered to be healthy as it is made from fresh local ingredients without the use of any preservatives or harmful chemical ingredients. Hence, Gen Z and millennials form a huge base for the ethnic food market. Challenge Educating Consumers and their Acceptance Many consumers are hesitant to try new cuisines leading to restraint in the growth of the ethnic food market. Elderly consumers and aged consumers may hesitate to try new cuisines hence it acts as a barrier to the expansion of the market. Consumers do not trust the ingredients used or the cooking process followed and hence are hesitant to try new cuisines. Accepting new flavors and taste pallets easily is not acceptable to everyone. Hence, such scenarios create barriers to the growth of the ethnic food market. Ethnic Food Market Regional Analysis Asia Pacific dominated the ethnic food market in 2024. The Asia cuisine is packed with rich and bold flavors favorable for different taste pallets. Hence the cuisine dominated the ethnic food market in 2024. The cuisine involves the usage of different local and fresh ingredients and hence is favorable to consumers globally. The Chinese cuisine played a major role in the growth of cuisine in the region. The cooking techniques and use of fresh greens and other local ingredients helped in the growth of the market. What to Expect from India & Japan's Ethnic Food Market? In India, the rising middle class, urbanization, and growing exposure to international cuisines through travel and media are driving demand for global and fusion foods. The organized ethnic food market in India is expanding steadily, with more than 60% of urban millennials reportedly trying international dishes like Korean ramen, Japanese sushi, and Mediterranean wraps on a regular basis. Meanwhile, Japan continues to elevate its culinary exports, with Japanese food (Washoku) now available in over 160 countries, and overseas Japanese restaurants surpassing 159,000 in 2023, up from 55,000 in 2013. The Japanese government actively promotes its cuisine abroad, contributing to global demand for authentic Japanese sauces, noodles, and condiments. North America expects to grow in the ethnic food market in the foreseen period. The growing population of the region from different cultural backgrounds surges the demand for different traditional cuisines. Hence, the ethnic food market is expected to expand in North America in the forecast period. People prefer to taste different types of cuisines and try local and ethnic ingredients helpful for the market's growth in the forecast period. Endorsements of local cuisines by celebrity chefs and popular influencers also help in the growth of the ethnic food market in the region. U.S. and Canada Ethnic Food Market Trends The United States and Canada are key drivers of growth in the ethnic food market, fueled by increasingly diverse populations and a rising appetite for global flavors. In the U.S., nearly 70% of consumers say they enjoy trying new international cuisines, with Mexican, Chinese, Thai, Indian, and Korean foods among the most popular. The steady influx of immigrants has also contributed to a broader acceptance and availability of ethnic foods over 44 million foreign-born individuals live in the U.S., supporting both demand and supply of authentic international dishes. Supermarkets and restaurant chains are rapidly expanding ethnic food offerings, with even mainstream brands introducing fusion products like sriracha mayo, kimchi tacos, and tikka masala pizza. Market Report Scope Report Attribute Key Statistics Base Year 2024 Forecast Period 2025 to 2034 Growth Rate from 2025 to 2034 CAGR of 7.5% Market Size in 2024 USD 86.95 Billion Market Size in 2025 USD 93.47 Billion Market Size by 2034 USD 179.21 Billion Dominated Region Asia Pacific Fastest Growing Region North America Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East & Africa Have Questions? Let's Talk—Schedule a Meeting with Our Insights Team: Ethnic Food Market Segmental Analysis Cuisine Type Analysis How Did Asian Food Segment Led the Ethnic Food Market in 2024? The Asian segment of the ethnic food market dominated in 2024 due to the bold, unique, and fresh flavors provided by the cuisine. Consumers prefer such bold tastes and hence the segment led the market. Asian cuisine involves a mixture of different types of flavors suitable for all taste buds. Hence, the segment dominated the ethnic food market in 2024. The cultural diversity along with its cuisine is highly appreciated globally. The Mexican food segment of the ethnic food market is expected to grow with the highest CAGR in the foreseen period due to the cuisine's rich and bold flavors. The traditional Mexican cuisine is not just an explosion of flavors but is also easy to consume outdoors. Hence, people prefer to opt for local street food while on a vacation or when they wish to explore the culinary flavors of the region. Food Type Analysis The Non-Veg Segment dominated the Ethnic Food Market in 2024 along with the Vegetarian Segment observing growth in the Forecast Period. The non-veg segment of the ethnic food market dominated in 2024 as the population of non-veg consumers was higher compared to the vegetarian segment. Hence, people preferred to try non-veg ethnic food options to try unique and bold flavors. It helped consumers taste local and authentic non-veg cuisine by trying a variety of flavors. The vegetarian segment of the ethnic food market is expected to grow in the forecast period due to the major population adopting vegetarianism and veganism. Consumer awareness about rising sustainability is also one of the major reasons for the growth of the ethnic food market in the expected timeframe. Distribution Channel Analysis The Supermarkets and Hypermarkets Led the Market in 2024 The supermarkets and hypermarkets dominated the ethnic food market in 2024 due to the availability of local and ethnic food products easily to consumers. It helps them to get access to traditional food products with ease and also allows people to try different food items to enhance their culinary experience. Hence, the segment dominated the market in 2024. The online segment of the ethnic food market is expected to grow in the foreseen period due to the convenience provided by the platform of allows people to order food easily. The availability of local and ethnic food products online allowing people to order them at the ease of sitting at home is helping the segment grow in the market. Hence, the segment is expected to boom in the market in the future globally. Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@ Additional Topics Worth Exploring: India Frozen Convenience Food Market Booms as Quick Meals Become a Daily Essential: The India frozen convenience food market size is witnessing rapid growth, driven by shifting consumer lifestyles, demand for ready-to-eat solutions, and rising urbanization. Private Label Food and Beverages Market Surges as Consumers Seek Quality and Value: The global private label food and beverages market size is projected to witness strong growth from USD 255.90 billion in 2025 to USD 393.60 billion by 2034, reflecting a CAGR of 4.9% over the forecast period from 2025 to 2034. U.S. Private Label Food and Beverages Market Surges with Innovation and Value Demand: The U.S. private label food and beverages market is rising from USD 163.93 million in 2025 to USD 447.34 million by 2034. Food Antioxidants Market Boosted by Demand for Freshness and Clean Labels: The global food antioxidants market size is projected to grow from USD 2.47 billion in 2025 to around USD 4.31 billion by 2034, reflecting a CAGR of 6.4% over the forecast period from 2025 to 2034. Food Leavening Agent Market Rises with Demand for Baked and Processed Foods: The global food leavening agent market size is projected to witness strong growth from USD 7.64 billion in 2025 to USD 11.06 billion by 2034, reflecting a CAGR of 4.2% over the forecast period from 2025 to 2034. Food Technology Market Size, Share, Trends, and Growth Forecast 2034: The global food technology market size is witnessing robust growth from USD 229.49 billion in 2025 to approximately USD 538.47 billion by 2034, growing at a compound annual growth rate (CAGR) of 9.94% during the forecast period from 2025 to 2034. Food Acidulants Market Size, Share and Trends Analysis 2034: The global food acidulants market size is projected to climb from USD 6.80 billion in 2025 to USD 10.91 billion by 2034, recording a CAGR of 5.40% during the forecast period from 2025 to 2034 Ethnic Food Market Top Companies Associated British Foods PLC General Mills, Inc. Ajinomoto Co. Inc. McCormick & Company Inc. Orkla ASA ARYZTA AG Paulig Group The Spice Tailor Asli Fine Food TRS Group Recent Developments in Ethnic Food Market In June 2025, PepsiCo India launched ethnic and local flavors in smaller serves to attract more consumers towards the brand. The company will launch seven fizzy drinks under its brand Slice. (Source- In January 2025, Big Bird Foods launches a new line of production in its ethnic food segment. The company expects a revenue generation of Rs. 500 million with the launch of a new line of production. (Source- Segments Covered in the Report By Cuisine Type Asian Italian Mexican Others By Food Type Veg Non-Veg By Distribution Channel Hypermarkets/Supermarkets Convenience Stores Grocery Stores Online Sales Channels By Region North America U.S. Canada Asia Pacific China Japan India South Korea Thailand Europe Germany UK France Italy Spain Sweden Denmark Norway Latin America Brazil Mexico Argentina Middle East and Africa (MEA) South Africa UAE Saudi Arabia Kuwait Thank you for exploring our insights. For more targeted information, customized chapter-wise sections and region-specific editions such as North America, Europe, or Asia Pacific—are also available upon request For Detailed Pricing and Tailored Market Report Options, Click Here: Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@ Unlock expert insights, custom research, and premium support with the Towards FnB Annual Membership. 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