North America Tortilla Market by Key Players, Regional Segmentation and Forecasts, 2027

 

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.

📚 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲@ https://www.businessmarketinsights.com/sample/TIPRE00008109

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.

Market Drivers

  1. Rising Popularity of Mexican Cuisine: Mexican food has become a ubiquitous part of North American cuisine, with an increasing number of restaurants, food trucks, and home cooks incorporating tortillas into their meals. Fast-casual dining, in particular, has seen a surge in Mexican-inspired offerings such as burritos, tacos, and quesadillas. The broad acceptance of Mexican cuisine has directly impacted the demand for tortillas, as they are central to these popular dishes.
  2. Convenience and Versatility: Tortillas are favored for their convenience as they can be used in a variety of quick meals, including wraps, tacos, burritos, and even breakfast dishes. This versatility has made tortillas a staple in both households and the foodservice industry. Consumers increasingly seek ready-to-eat or easy-to-prepare food options, which has created a thriving market for pre-packaged tortillas.
  3. Health Consciousness and Dietary Trends: Health-conscious consumers are increasingly looking for alternatives to traditional bread and other high-carbohydrate foods. Whole-wheat tortillas, gluten-free tortillas, and low-carb varieties have gained popularity as part of the broader trend toward healthier eating. Corn tortillas, which are naturally gluten-free, are also seeing a rise in demand among those with gluten sensitivities or celiac disease. Additionally, the growing preference for organic and non-GMO products has led to a rise in demand for organic tortillas.
  4. Ethnic Diversity and Fusion Cuisine: North America’s increasing ethnic diversity and interest in fusion cuisine have contributed to the growth of the tortilla market. Consumers are open to experimenting with various cuisines, and tortillas have adapted to numerous global tastes. This adaptability has encouraged manufacturers to experiment with different fillings, flavors, and textures, catering to a broader range of dietary preferences.
  5. Increasing Consumption in the Foodservice Industry: The foodservice industry plays a critical role in the expansion of the tortilla market. Fast-casual and quick-service restaurants (QSRs) in North America continue to incorporate tortillas into their menus, offering a range of Mexican-inspired meals. Additionally, tortillas are a popular item in school cafeterias, catering services, and convenience stores, contributing to their growing presence in the broader foodservice sector.

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications

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