The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

 

As per The Business Research Company’s Tortilla Global Market Report 2024, the tortilla market is expected to show significant growth in the forecast period.

 

Market Size and Growth Rate

• The tortilla market has shown robust growth.
• It increased from $46.43 billion in 2023 to $50.33 billion in 2024, with a CAGR of 8.4%.
• Growth drivers include its status as a traditional dietary staple, culinary versatility, shift towards healthier alternatives, and global food preferences.

 

Forecast and Future Projections

• Expected to reach $67.36 billion by 2028, growing at a CAGR of 7.6%.
• Growth factors include its nutritious image, popularity in global fusion cuisine, and expansion in breakfast burritos and snacking culture.

 

View More On The Tortilla Market Report 2024 –

https://www.thebusinessresearchcompany.com/report/tortilla-global-market-report

 

Nutritional Benefits of Tortillas

Combatting Nutritional Deficiencies

• Tortillas play a crucial role in addressing nutritional deficiencies.
• They are rich in essential nutrients like protein, vitamins, iron, and fiber, supporting overall health.
• Highlighted by global health organizations for their nutritional impact in combating malnutrition and related diseases.

 

Key Players Driving Innovation

Major Companies

• Leading firms include GRUMA S.A.B. de C.V, PepsiCo Inc., Easy Food Inc., La Tortilla Factory Inc., and more.
• These companies are pivotal in driving market growth through innovation and product diversification.

 

Technological Advancements in Manufacturing

Revolutionizing Production Techniques

• Technological advancements are transforming tortilla manufacturing.
• Tools like Kemin Industries’ Floor Tortilla Doctor optimize quality and efficiency in production, addressing operational challenges effectively.

Case Study: Flagship Food Group

• In July 2021, Flagship Food Group acquired Tortilla King LLC to strengthen its market position.
• This strategic move enhances Flagship’s portfolio in premium Hispanic food brands, including tortillas and related products.

 

Market Segmentation

By Product Type

• Tortilla Chips, Taco Shells, Tostadas, Flour Tortillas, Corn Tortillas, Other Products.

By Nature

• Organic, Conventional.

By Processing Type

• Fresh, Frozen.

By Source

• Wheat, Corn.

By Distribution Channels

• Hypermarkets, Supermarkets, Convenience Stores, Online, Other Distribution Channels.

 

Regional Insights

North America Dominance

• North America led the tortilla market in 2023.
• Latin America is expected to witness rapid growth, driven by increasing consumption and regional culinary preferences.

 

Request A Sample Of The Global Tortilla Market Report 2024:

https://www.thebusinessresearchcompany.com/sample_request?id=10359&type=smp

 

The Tortilla Global Market Report 2024  provides an in-depth analysis on the tortilla market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the tortilla market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

 

View More Related Reports –

Cookie, Cracker, Pasta, And Tortilla Global Market Report 2024

Vegan Food Global Market Report 2024

Extruded Snacks Global Market Report 2024

 

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