Pet humanization is a result of changes in people’s lifestyles, changing demographic patterns, and consumer preferences. Furthermore, the rising income, growing pet humanization, and people’s affection for pet strengthen the market studied. The shift in pet ‘ownership’ to ‘parenting’ has been a very crucial trend in the market studied, particularly in the developed countries. Over one-third of the households in the developed countries own a pet. However, consumers are now becoming aware that pet food and home-made food consist of separate nutritional elements and that pets need to be fed a diverse range of food, as part of providing an adequate diet. Hence, the demand for high-quality pet food is increasing, supported by the rise in pet ownership.

The shrimp industry is witnessing significant growth as domestic shrimp production is increasing in areas that use fresh water and focus on the use of certified organic shrimp production in countries, such as China and Thailand, closely followed by Vietnam, Indonesia, and India. These factors are expected to contribute to the shrimp market's growth over the forecast period.

The main sources of nourishment in the country are meat, dairy products, and cereals. Over the decades, as disposable incomes rose and imports of different vegetables increased, a change in diet, from the traditional low levels of vegetable consumption to higher consumption of vegetables, was observed.  The prices of vegetables, especially tomato and okra, have witnessed an increasing trend during the first half of the second quarter of 2018. This sharp hike in the price is mainly due to the declining supplies from major vegetable supplying countries. Generally, during the months of August-September (off-season) the prices of vegetables are up, owing to the shortage of supplies due to high temperatures and limited supplies from Turkey.

This report on the global ethnic food market (henceforth, referred to as the market studied) offers key insights into the latest developments. It analyzes the recent trends, drivers, and challenges affecting the global market space for ethnic food. • The report takes into consideration the market value of all the ethnic food products available through the retail channels. These include ethnic food products, such as ready meals, frozen products, sauces and seasonings, pastas and noodles, bakery products, meat products, tacos, and taquitos, among others. The market studied expands as per the changing demographics across the world, and the shift in consumer demand to try new and different cuisines, like Caribbean and African cuisines, the cuisines of Mediterranean countries beyond Italy, and kosher and halal foods. Various cuisines are attracting the consumers to explore beyond the core markets.