Global Tortilla Market 2024-2028
The tortilla market is forecasted to grow by USD 10.43 bn during 2023-2028, accelerating at a CAGR of 5.25% during the forecast period. The report on the tortilla market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for convenience foods, rise in number of initiatives to improve agricultural output, and expansion in retail landscape.
Technavio's tortilla market is segmented as below:
By Distribution Channel
By Product
- Tortilla chips
- Pre-cooked tortilla
- Tortilla mix
By Geographical Landscape
- North America
- South America
- Europe
- APAC
- Middle East and Africa
This study identifies the rising demand for gluten-free tortillas as one of the prime reasons driving the tortilla market growth during the next few years. Also, rise of diverse flavors and ingredients in tortillas and growing prevalence of mobile food service outlet will lead to sizable demand in the market.
The report on the tortilla market covers the following areas:
- Tortilla market sizing
- Tortilla market forecast
- Tortilla market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading tortilla market vendors that include Arandas Tortilla Co. Inc., Arevalo Foods Inc., Azteca Foods Inc., Bunge Ltd., Cargill Inc., Corporativo Bimbo SA de CV, Eagle Foods Australia, Easy Food Inc., Fiesta Tortillas, Franco Whole Foods LLC, Gruma SAB de CV, La Tortilla Factory, LIVEN S.A.U., MF Food, Ole Mexican Foods Inc., PepsiCo Inc., Teasdale Foods Inc., Tyson Foods Inc., Utz Brands Inc., and General Mills Inc.. Also, the tortilla market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.