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Tortilla Market by Product and Geography - Forecast and Analysis 2022-2026

  • Published: Apr 2022
  • Pages: 120
  • SKU: IRTNTR40228
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The tortilla market share is expected to increase by USD 9.98 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.58%.

This tortilla market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers tortilla market segmentation by product (tortilla chips, pre-cooked tortilla, and tortilla mix) and geography (North America, South America, Europe, APAC, and Middle East and Africa). The tortilla market report also offers information on several market vendors, including Arandas Tortilla Co. Inc., Arevalo Foods Inc., Azteca Foods Inc., Bunge Ltd., Cargill Inc., Eagle Foods Australia, Easy Food Inc., El Milagro Inc., Fiesta Tortillas, Franco Whole Foods, General Mills Inc., Gruma SAB de CV, Grupo Bimbo SAB de CV, La Tortilla Factory, LIVEN S.A.U., Ole Mexican Foods Inc., PepsiCo Inc., Teasdale Foods Inc., Tyson Foods Inc., and Utz Quality Foods LLC among others.

What will the Tortilla Market Size be During the Forecast Period?

Tortilla Market Size

Download the Free Report Sample to Unlock the Tortilla Market Size for the Forecast Period and Other Important Statistics

 

Tortilla Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The increasing demand for convenience foods is notably driving the tortilla market growth, although factors such as fluctuations in food commodity prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the tortilla industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Tortilla Market Driver

One of the key factors driving the global tortilla industry growth is the increasing demand for convenience foods. The demand for convenience and easy-to-prepare food products has increased because of rapid urbanization and the high participation of women in the workforce. The global urban population increased to 56.5% by 2021. Moreover, according to The World Bank Group, in 2021, the percentage of women in the global labor workforce was 47.7%. Hence, the demand for convenience foods and fast foods such as tortillas is increasing. In addition, exposure to international cultures and lifestyles encourages people to experiment with different cuisines such as tortillas. The popularity of tortillas is increasing in many developed and developing countries as on-the-go foods are widely preferred by the working population in such countries. Thus, such factors will drive market growth in the coming years.

Key Tortilla Market Trend

Rising demand for gluten-free tortillas is one of the key tortilla market trends that is expected to impact the industry positively in the forecast period. Gluten causes inflammation of the gut in almost 80% of consumers. Its consumption might lead to hypothyroidism and type 1 diabetes and also it can cause the intestinal cells to die prematurely because of inflammation. Thus, owing to the awareness of the health implications of gluten, consumers are increasingly looking for gluten-free tortillas. Many food manufacturers are offering gluten-free tortillas in their portfolios to cater to the demands of customers who want to avoid gluten. This will create growth opportunities for the global tortilla market during the forecast period.

Key Tortilla Market Challenge

One of the key challenges to the global tortilla industry growth is the fluctuations in food commodity prices such as corn and wheat. Poor climatic conditions adversely affect crop production and subsequently reduce crop prices across the world. For instance, El Nino, an irregularly occurring weather phenomenon in the South American Pacific Coast, causes huge disruptions in the weather condition worldwide. It causes drought in the western part of the Pacific, including South Asia and Africa. It brings heavy snow and rain in the UK. Fluctuations in the volume and the price of crops affect each stage of the supply chain. The increase in the gap between supply and demand in recent years leads to a considerable rise in the cost of raw materials. Thus, such factors are expected to limit the market growth in the coming years.

This tortilla market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global tortilla market as a part of the global packaged foods and meats under the global food products market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the tortilla market during the forecast period.

Who are the Major Tortilla Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Arandas Tortilla Co. Inc.
  • Arevalo Foods Inc.
  • Azteca Foods Inc.
  • Bunge Ltd.
  • Cargill Inc.
  • Eagle Foods Australia
  • Easy Food Inc.
  • El Milagro Inc.
  • Fiesta Tortillas
  • Franco Whole Foods
  • General Mills Inc.
  • Gruma SAB de CV
  • Grupo Bimbo SAB de CV
  • La Tortilla Factory
  • LIVEN S.A.U.
  • Ole Mexican Foods Inc.
  • PepsiCo Inc.
  • Teasdale Foods Inc.
  • Tyson Foods Inc.
  • Utz Quality Foods LLC

 

This statistical study of the tortilla market encompasses successful business strategies deployed by the key vendors. The tortilla market is fragmented and the vendors are deploying growth strategies such as the expansion of product portfolios to compete in the market.

Product Insights and News

  • Arandas Tortilla Co. Inc - The company offers tortilla that is made from 100 percent stone-ground corn and goes great for salsa and guac. 
  • Arandas Tortilla Co. Inc - Under the unified segment, the company offers chips, tortillas, and extras which include triangle tortilla chips, corn tortilla, fina cortado, and nixtamal. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The tortilla market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Tortilla Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the tortilla market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Tortilla Market?

Tortilla Market Market segmentation by region

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54% of the market's growth will originate from North America during the forecast period. US and Mexico are the key markets for tortillas in North America. Market growth in this region will be faster than the growth of the market in South America and MEA.

Rapid urbanization, the well-organized food industry, and high vendor penetration will facilitate the tortilla market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 had a positive impact on the tortilla market in this region. Moreover, due to the prolonged duration of the pandemic-related lockdown, busy lifestyles, and deteriorating health conditions owing to improper work-life balance, consumers have started to opt for organic tortilla products in snacks. In addition, the rising population of Hispanics in the region will increase the demand for Hispanic snacks such as tortilla chips. As a result, demand for traditional Mexican food such as tortillas and nachos in North America has been gaining traction. Therefore, the tortilla market is expected to grow in North America during the forecast period.

What are the Revenue-generating Product Segments in the Tortilla Market?

Tortilla Market Segmentation

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The tortilla market share growth by the tortilla chips segment will be significant during the forecast period. The increasing per capita consumption in developed regions such as North America and Europe is the major growth driver for this product segment. In addition, as taste preferences vary across regions, global marketers have introduced new products, and it has increased the sales of flavoured tortilla chips. For instance, in December 2021, Pepsi Co. in India launched Lay Wafer Style to foray into the flat-cut and wafer-styled potato chips segment across the country by making it available in three flavours, namely Salt & Pepper, Tangy Treat, and Sundried Chili across retail stores and e-commerce platforms at different price points. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the tortilla market size and actionable market insights on the post-COVID-19 impact on each segment.

You may be interested in:

Tortilla Chips market - The market size has the potential to grow by USD 3.16 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period.

Tortilla Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.58%

Market growth 2022-2026

$ 9.98 billion

Market structure

Fragmented

YoY growth (%)

5.38

Regional analysis

North America, South America, Europe, APAC, and Middle East and Africa

Performing market contribution

North America at 54%

Key consumer countries

US, Mexico, UK, Brazil, and Argentina

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Arandas Tortilla Co. Inc., Arevalo Foods Inc., Azteca Foods Inc., Bunge Ltd., Cargill Inc., Eagle Foods Australia, Easy Food Inc., El Milagro Inc., Fiesta Tortillas, Franco Whole Foods, General Mills Inc., Gruma SAB de CV, Grupo Bimbo SAB de CV, La Tortilla Factory, LIVEN S.A.U., Ole Mexican Foods Inc., PepsiCo Inc., Teasdale Foods Inc., Tyson Foods Inc., and Utz Quality Foods LLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Tortilla Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive tortilla market growth during the next five years
  • Precise estimation of the tortilla market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the tortilla industry across North America, South America, Europe, APAC, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of tortilla market vendors

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1. Executive Summary                         

               1.1 Market overview 

                              Exhibit 01:  Executive Summary – Chart on Market Overview

                              Exhibit 02:  Executive Summary – Data Table on Market Overview

                              Exhibit 03:  Executive Summary – Chart on Global Market Characteristics

                              Exhibit 04:  Executive Summary – Chart on Market by Geography

                              Exhibit 05:  Executive Summary – Chart on Market Segmentation by Product

                              Exhibit 06:  Executive Summary – Chart on Incremental Growth

                              Exhibit 07:  Executive Summary – Data Table on Incremental Growth

                              Exhibit 08:  Executive Summary – Chart on Vendor Market Positioning

2. Market Landscape                            

               2.1 Market ecosystem             

                              Exhibit 09:  Parent market

                              Exhibit 10:  Market Characteristics

3. Market Sizing                      

               3.1 Market definition

                              Exhibit 11:  Offerings of vendors included in the market definition

               3.2     Market segment analysis             

                              Exhibit 12: Market segments

               3.3 Market size 2021 

               3.4 Market outlook: Forecast for 2021-2026   

                              Exhibit 13:  Chart on Global - Market size and forecast 2021-2026 ($ million)

                              Exhibit 14:  Data Table on Global - Market size and forecast 2021-2026 ($ million)

                              Exhibit 15:  Chart on Global Market: Year-over-year growth 2021-2026 (%)

                              Exhibit 16:  Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4. Five Forces Analysis                         

               4.1 Five Forces Summary         

                              Exhibit 17:  Five forces analysis - Comparison between2021 and 2026

               4.2 Bargaining power of buyers            

                              Exhibit 18:  Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

               4.3 Bargaining power of suppliers        

                              Exhibit 19:  Bargaining power of suppliers – Impact of key factors in 2021 and 2026

               4.4 Threat of new entrants     

                              Exhibit 20:  Threat of new entrants – Impact of key factors in 2021 and 2026

               4.5 Threat of substitutes          

                              Exhibit 21:  Threat of substitutes – Impact of key factors in 2021 and 2026

               4.6 Threat of rivalry   

                              Exhibit 22:  Threat of rivalry – Impact of key factors in 2021 and 2026

               4.7 Market condition 

                              Exhibit 23:  Chart on Market condition - Five forces 2021 and 2026

5. Market Segmentation by Product

               5.1 Market segments

                              Exhibit 24:  Chart on Product - Market share 2021-2026 (%)

                              Exhibit 25:  Data Table on Product - Market share 2021-2026 (%)

               5.2 Comparison by Product    

                              Exhibit 26:  Chart on Comparison by Product

                              Exhibit 27:  Data Table on Comparison by Product

               5.3 Tortilla chips - Market size and forecast 2021-2026              

                              Exhibit 28:  Chart on Tortilla chips - Market size and forecast 2021-2026 ($ million)

                              Exhibit 29:  Data Table on Tortilla chips - Market size and forecast 2021-2026 ($ million)

                              Exhibit 30:  Chart on Tortilla chips - Year-over-year growth 2021-2026 (%)

                              Exhibit 31:  Data Table on Tortilla chips - Year-over-year growth 2021-2026 (%)

               5.4 Pre-cooked tortilla - Market size and forecast 2021-2026   

                              Exhibit 32:  Chart on Pre-cooked tortilla - Market size and forecast 2021-2026 ($ million)

                              Exhibit 33:  Data Table on Pre-cooked tortilla - Market size and forecast 2021-2026 ($ million)

                              Exhibit 34:  Chart on Pre-cooked tortilla - Year-over-year growth 2021-2026 (%)

                              Exhibit 35:  Data Table on Pre-cooked tortilla - Year-over-year growth 2021-2026 (%)

               5.5 Tortilla mix - Market size and forecast 2021-2026  

                              Exhibit 36:  Chart on Tortilla mix - Market size and forecast 2021-2026 ($ million)

                              Exhibit 37:  Data Table on Tortilla mix - Market size and forecast 2021-2026 ($ million)

                              Exhibit 38:  Chart on Tortilla mix - Year-over-year growth 2021-2026 (%)

                              Exhibit 39:  Data Table on Tortilla mix - Year-over-year growth 2021-2026 (%)

               5.6 Market opportunity by Product     

                              Exhibit 40:  Market opportunity by Product ($ million)

6. Customer landscape                        

                              Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

               6.1 Customer landscape overview       

                              Exhibit 41:  Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7.    Geographic Landscape                

               7.1     Geographic segmentation           

                              Exhibit 42:  Chart on Market share by geography 2021-2026 (%)

                              Exhibit 43:  Data Table on Market share by geography 2021-2026 (%)

               7.2 Geographic comparison    

                              Exhibit 44:  Chart on Geographic comparison

                              Exhibit 45:  Data Table on Geographic comparison

               7.3 North America - Market size and forecast 2021-2026          

                              Exhibit 46:  Chart on North America - Market size and forecast 2021-2026 ($ million)

                              Exhibit 47:  Data Table on North America - Market size and forecast 2021-2026 ($ million)

                              Exhibit 48:  Chart on North America - Year-over-year growth 2021-2026 (%)

                              Exhibit 49:  Data Table on North America - Year-over-year growth 2021-2026 (%)

               7.4 South America - Market size and forecast 2021-2026          

                              Exhibit 50:  Chart on South America - Market size and forecast 2021-2026 ($ million)

                              Exhibit 51:  Data Table on South America - Market size and forecast 2021-2026 ($ million)

                              Exhibit 52:  Chart on South America - Year-over-year growth 2021-2026 (%)

                              Exhibit 53:  Data Table on South America - Year-over-year growth 2021-2026 (%)

               7.5 Europe - Market size and forecast 2021-2026         

                              Exhibit 54:  Chart on Europe - Market size and forecast 2021-2026 ($ million)

                              Exhibit 55:  Data Table on Europe - Market size and forecast 2021-2026 ($ million)

                              Exhibit 56:  Chart on Europe - Year-over-year growth 2021-2026 (%)

                              Exhibit 57:  Data Table on Europe - Year-over-year growth 2021-2026 (%)

               7.6 APAC - Market size and forecast 2021-2026             

                              Exhibit 58:  Chart on APAC - Market size and forecast 2021-2026 ($ million)

                              Exhibit 59:  Data Table on APAC - Market size and forecast 2021-2026 ($ million)

                              Exhibit 60:  Chart on APAC - Year-over-year growth 2021-2026 (%)

                              Exhibit 61:  Data Table on APAC - Year-over-year growth 2021-2026 (%)

               7.7 Middle East and Africa - Market size and forecast 2021-2026           

                              Exhibit 62:  Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)

                              Exhibit 63:  Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)

                              Exhibit 64:  Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)

                              Exhibit 65:  Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

               7.8 US - Market size and forecast 2021-2026   

                              Exhibit 66:  Chart on US- Market size and forecast 2021-2026 ($ million)

                              Exhibit 67:  Data Table on US- Market size and forecast 2021-2026 ($ million)

                              Exhibit 68:  Chart on US- Year-over-year growth 2021-2026 (%)

                              Exhibit 69:  Data Table on US- Year-over-year growth 2021-2026 (%)

               7.9 Brazil - Market size and forecast 2021-2026             

                              Exhibit 70:  Chart on Brazil- Market size and forecast 2021-2026 ($ million)

                              Exhibit 71:  Data Table on Brazil- Market size and forecast 2021-2026 ($ million)

                              Exhibit 72:  Chart on Brazil- Year-over-year growth 2021-2026 (%)

                              Exhibit 73:  Data Table on Brazil- Year-over-year growth 2021-2026 (%)

               7.10 Mexico - Market size and forecast 2021-2026       

                              Exhibit 74:  Chart on Mexico- Market size and forecast 2021-2026 ($ million)

                              Exhibit 75:  Data Table on Mexico- Market size and forecast 2021-2026 ($ million)

                              Exhibit 76:  Chart on Mexico- Year-over-year growth 2021-2026 (%)

                              Exhibit 77:  Data Table on Mexico- Year-over-year growth 2021-2026 (%)

               7.11 Argentina - Market size and forecast 2021-2026  

                              Exhibit 78:  Chart on Argentina- Market size and forecast 2021-2026 ($ million)

                              Exhibit 79:  Data Table on Argentina- Market size and forecast 2021-2026 ($ million)

                              Exhibit 80:  Chart on Argentina- Year-over-year growth 2021-2026 (%)

                              Exhibit 81:  Data Table on Argentina- Year-over-year growth 2021-2026 (%)

               7.12 UK - Market size and forecast 2021-2026

                              Exhibit 82:  Chart on UK - Market size and forecast 2021-2026 ($ million)

                              Exhibit 83:  Data Table on UK - Market size and forecast 2021-2026 ($ million)

                              Exhibit 84:  Chart on UK - Year-over-year growth 2021-2026 (%)

                              Exhibit 85:  Data Table on UK - Year-over-year growth 2021-2026 (%)

               7.13 Market opportunity by geography            

                              Exhibit 86:  Market opportunity by geography ($ million)

8. Drivers, Challenges, and Trends                  

               8.1 Market drivers      

                              8.1.1 Increasing demand for convenience foods

                              8.1.2 Rise in number of initiatives to improve agricultural output

                              8.1.3 Expansion in retail landscape

               8.2 Market challenges              

                              8.2.1 Fluctuations in food commodity prices

                              8.2.2 Stringent regulations

                              8.2.3 High number of product recalls

               8.3 Impact of drivers and challenges   

                              Exhibit 87:  Impact of drivers and challenges in 2021 and 2026

               8.4 Market trends      

                              8.4.1 Rising demand for gluten-free tortillas

                              8.4.2 Rising demand from mobile food service outlet

                              8.4.3 Rising prominence of private label brands

9. Vendor Landscape                            

               9.1 Overview

               9.2 Vendor landscape

                              Exhibit 88:  Overview on Criticality of inputs and Factors of differentiation

               9.3 Landscape disruption         

                              Exhibit 89:  Overview on factors of disruption

               9.4 Industry risks        

                              Exhibit 90:  Impact of key risks on business

10. Vendor Analysis               

               10.1 Vendors covered              

                              Exhibit 91:  Vendors covered

               10.2 Market positioning of vendors    

                              Exhibit 92:  Matrix on vendor position and classification

               10.3 Arandas Tortilla Co. Inc. 

                              Exhibit 93:  Arandas Tortilla Co. Inc. - Overview

                              Exhibit 94:  Arandas Tortilla Co. Inc. - Product / Service

                              Exhibit 95:  Arandas Tortilla Co. Inc. - Key offerings

               10.4 Arevalo Foods Inc.           

                              Exhibit 96:  Arevalo Foods Inc. - Overview

                              Exhibit 97:  Arevalo Foods Inc. - Product / Service

                              Exhibit 98:  Arevalo Foods Inc. - Key offerings

               10.5 Azteca Foods Inc.             

                              Exhibit 99:  Azteca Foods Inc. - Overview

                              Exhibit 100:  Azteca Foods Inc. - Product / Service

                              Exhibit 101:  Azteca Foods Inc. - Key offerings

               10.6 Bunge Ltd.

                              Exhibit 102:  Bunge Ltd. - Overview

                              Exhibit 103:  Bunge Ltd. - Business segments

                              Exhibit 104:  Bunge Ltd. - Key news

                              Exhibit 105:  Bunge Ltd. - Key offerings

                              Exhibit 106:  Bunge Ltd. - Segment focus

               10.7 Cargill Inc.           

                              Exhibit 107:  Cargill Inc. - Overview

                              Exhibit 108:  Cargill Inc. - Product / Service

                              Exhibit 109:  Cargill Inc. - Key news

                              Exhibit 110:  Cargill Inc. - Key offerings

               10.8 Eagle Foods Australia      

                              Exhibit 111:  Eagle Foods Australia - Overview

                              Exhibit 112:  Eagle Foods Australia - Product / Service

                              Exhibit 113:  Eagle Foods Australia - Key offerings

               10.9 Easy Food Inc.    

                              Exhibit 114:  Easy Food Inc. - Overview

                              Exhibit 115:  Easy Food Inc. - Product / Service

                              Exhibit 116:  Easy Food Inc. - Key offerings

               10.10 El Milagro Inc. 

 &a

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
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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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Tortilla Market market growth will increase by $9.98 bn during 2022-2026.
The tortilla market market is expected to grow at a CAGR of 5.58% during 2022-2026.
Technavio has segmented the tortilla market market by product (Tortilla chips, Pre-cooked tortilla, and Tortilla mix) and geography (North America, South America, Europe, APAC, and Middle East and Africa).
Arandas Tortilla Co. Inc., Arevalo Foods Inc., Azteca Foods Inc., Bunge Ltd., Cargill Inc., Eagle Foods Australia, Easy Food Inc., El Milagro Inc., Fiesta Tortillas, Franco Whole Foods, General Mills Inc., Gruma SAB de CV, Grupo Bimbo SAB de CV, La Tortilla Factory, LIVEN S.A.U., Ole Mexican Foods Inc., PepsiCo Inc., Teasdale Foods Inc., Tyson Foods Inc., Utz Quality Foods LLC are a few of the key vendors in the tortilla market market.
North America will register the highest growth rate of 54% among the other regions. Therefore, the tortilla market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • Mexico
  • UK
  • Brazil
  • Argentina
The key factors driving the tortilla market market growth are:
  • increasing demand for convenience foods
  • Rising demand for gluten-free tortillas
The tortilla market market vendors should focus on grabbing business opportunities from the tortilla chips segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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