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Global Packaged Tacos Market 2017-2021

  • Published: Nov 2017
  • Pages: 82
  • SKU: IRTNTR15608
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This industry research report identifies AJINOMOTO, B&G Foods, General Mills, Hain Celestial, McCormick & Company, and Yum! Brands as the key vendors in the global packaged tacos market. This industry research report also presents a detailed analysis of the market by product filling (veg filling and non-veg filling) and by geography (the Americas, APAC, and EMEA).

Overview of the global packaged tacos market

Growing urbanization is consequent in changing lifestyle and food intake. Consumers, influenced by the rising and improving economic conditions, are demanding for healthy and tasty convenience food products. Technavio’s market study identifies the changing lifestyle and urbanization to be one of the primary growth factors for the packaged tacos market. Also, the increasing health awareness is providing traction to the demand for healthy and tasty food options. Dumpling offer several health-related benefits, that subsequently benefits the demand for healthy convenience food products in the packaged taco market. Our market analysts estimate that the market will earn a revenue of close to USD 1.8 billion by 2021.

Several countries are witnessing declining trend of dining outdoors in restaurants and food-service outlets. Reduced spending on food products in food outlets and the availability of varied convenient at-home cooking options have led to an increase in at-home food consumption. Additionally, factors such as busy lifestyles, rise in single households, unconventional working hours, and increase in the number of working women are influencing the consumption of less structured meals. Vendors are offering food products with local and ethnic taste to support at-home cooking. The rising trends of cooking at home is identified to be one of the key trends having a positive impact on the packaged tacos market.

Competitive landscape and key vendors

The packaged tacos market is significantly concentrated owing to the presence of several established international, regional, and local players. Launch of new products in the market and entry of new players will further intensify the competitiveness among the vendors. To attain competitive advantage in the packaged taco market, players are investing steadily in R&D activities and engaging in M&A. Further, the players will offer differentiated product portfolio to cater to the diverse taste and preference of the consumers.

The leading vendors in the market are

  • AJINOMOTO
  • B&G Foods
  • General Mills
  • Hain Celestial
  • McCormick & Company
  • Yum! Brands

Segmentation by product filling and analysis of the packaged tacos market

  • Non-veg filling
  • Veg filling

The increasing demand for non-veg food products among consumers contributes to the growth of the non-veg filling in the packaged tacos market. Non-veg products are gaining prominence as they are protein-rich foods and provide benefits to the health and wellness-conscious consumers. Vendors in the packaged taco market are offering differentiated and innovative products to fulfill the changing demands of the consumers.

Geographical segmentation and analysis of the packaged tacos market

  • Americas
  • APAC
  • EMEA

The Americas will be the major revenue contributor to the packaged taco market due to the growing popularity of Mexican cuisine and increasing number of consumers cooking at home. Packaged tacos are economical, in terms of time of preparation and expenditure. They primarily cater to consumers that prefer economical and healthy food products.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global packaged tacos market?
  • What are the key market trends impacting the growth of the global packaged tacos market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global packaged tacos market?
  • What are the market opportunities and threats faced by the vendors in the global packaged tacos market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global packaged tacos market?

Technavio also offers customization on reports based on specific client requirement.

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

  • Market outline

PART 05: MARKET LANDSCAPE

  • Market overview
  • Global packaged tacos market
  • Five forces analysis

PART 06: MARKET SEGMENTATION BY PRODUCT FILLING

  • Segmentation by product filling
  • Comparison by product filling
  • Global packaged tacos market by non-veg filling
  • Global packaged tacos market by veg filling
  • Market opportunity by product filling

PART 07: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • Americas - market size and forecast 2016-2021
  • EMEA - market size and forecast 2016-2021
  • APAC - market size and forecast 2016-2021
  • Key leading countries
  • US
  • Mexico
  • Canada
  • UK
  • Norway
  • Sweden
  • Market opportunity

PART 08: DECISION FRAMEWORK

PART 09: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 10: MARKET TRENDS

  • Increasing online sales
  • Increasing demand for convenience in food products
  • Trend of cooking at home

PART 11: VENDOR LANDSCAPE

  • Competitive scenario
  • AJINOMOTO
  • B&G Foods
  • General Mills
  • Hain Celestial
  • McCormick & Company
  • Yum! Brands

PART 12: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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