The North America tortilla market is accounted to US$ 25,166.4 Mn in 2018 and is expected to grow at a CAGR of 5.1% during the forecast period 2019 – 2027, to account to US$ 39,293.0 Mn by 2027.
Tortilla is a thin and flat bread made up of wheat and corn. Different types of tortillas are available in the market including tortilla chips, taco shells, tostadas, and many more. High nutritive properties associated with tortilla is expected to fuel the market growth. Different types of tortillas are quite popular in the North American countries mainly in the US and Mexico. US is dominating the North America tortilla market followed by Mexico. Tortillas are widely used in the US, in recipes of Mexican origin. Tortilla and tortilla products are more popular than all other ethnic bread, such as pita bread, English muffins, and bagels among US consumers. Tortilla chips specifically made from maize are produced on a commercial scale in the US and are among the most popular snacks consumed by the consumers. The demand for gluten-free products has increased over the past five years, particularly from consumers who avoid the wheat protein due to the perceived health benefits, the tortilla production industry in the US has experienced steady revenue gains.
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North America Tortilla Strategic Insights
Strategic insights for the North America Tortilla provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
📚𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐋𝐢𝐧𝐤 @ https://www.businessmarketinsights.com/reports/north-america-tortilla-market
𝐓𝐡𝐞 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬
Associated British Foods plc.
Cargill, Incorporated
Barilla G. e R. Fratelli S.p.A
Aryzta AG
Rich Products Corporation
Britannia Industries
CSC Brands, L.P.
Finsbury Food Group Plc
Conagra Inc.
Premier Foods Group Limited
North America Tortilla Market: An In-Depth Analysis
The tortilla market in North America has witnessed significant growth in recent years, driven by consumer preference for diverse culinary experiences, health-conscious eating habits, and the increasing demand for convenience foods. Tortillas, originally a staple of Mexican and Central American cuisine, have transcended their cultural origins and become a popular food item across the United States, Canada, and Mexico. This analysis delves into the current state of the tortilla market in North America, highlighting market trends, key drivers, challenges, and future opportunities.
Market Overview
A tortilla is a thin, round flatbread made primarily from corn or wheat flour, although other ingredients such as spices, herbs, and vegetables are sometimes added to diversify the flavor profile. The tortilla market in North America is largely divided into corn and wheat tortillas, with each segment catering to different consumer preferences and needs. The increasing demand for tortillas can be attributed to their versatility and ease of use, making them a popular choice for sandwiches, wraps, tacos, burritos, and other quick meal options.
In North America, the tortilla market is growing at a steady pace, with the United States representing the largest market share, followed by Mexico and Canada. The growth is propelled by the rising popularity of Mexican cuisine, the global trend toward convenience foods, and the shifting consumer preferences for healthier, gluten-free, and organic options.
North America Tortilla Market: An In-Depth Analysis
The tortilla market in North America has grown significantly, driven by consumer demand for diverse and convenient food options. Tortillas, which are thin, flat breads made from wheat or corn, have gained substantial popularity, particularly in the United States and Mexico. The market is not only driven by the traditional tortilla products, such as wraps and tacos but also includes tortilla chips, taco shells, tostadas, and other variations. Over the years, the popularity of tortilla products, coupled with their high nutritional value, has contributed to their growing consumption in North America, positioning the region as a leading market for these versatile foods.
Market Overview
A tortilla is essentially a round flatbread made from either corn (maize) or wheat flour. It has long been a staple in Mexican cuisine and is now widely consumed across North America. In recent years, the tortilla market in the US, Mexico, and Canada has seen an expansion, with tortillas increasingly becoming an integral part of not only Mexican cuisine but also a broad range of global dishes. The variety of tortilla-based products, such as tortilla chips, taco shells, tostadas, and others, has contributed significantly to the market’s growth.
Among the North American countries, the United States leads the tortilla market, followed by Mexico. The widespread use of tortillas in Mexican-inspired recipes, such as tacos, burritos, and quesadillas, plays a major role in their dominance in the region. Additionally, tortilla chips made from maize, which are especially popular as snacks, are produced on a large scale in the US, further driving market growth.
Key Market Drivers
1. Popularity of Mexican Cuisine in the US
One of the key drivers of the North American tortilla market is the increasing popularity of Mexican cuisine, particularly in the United States. Mexican food staples such as tacos, burritos, and fajitas are frequently consumed across the country, and tortillas are the base of many of these dishes. As consumers increasingly favor ethnic and global cuisines, Mexican food, with tortillas at its core, has seen tremendous growth in both restaurants and homes.
2. Demand for Gluten-Free Products
The demand for gluten-free products has risen significantly in recent years, driven by the growing awareness of gluten intolerance, celiac disease, and a general health-conscious shift in consumer preferences. Corn tortillas, being naturally gluten-free, have become a preferred choice for individuals who avoid wheat-based products. In response to this trend, tortilla manufacturers in the US have expanded their gluten-free product offerings, catering to consumers seeking healthier and more inclusive food options.
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