Tortilla Market to witness Impressive Global Growth in Production-Consumption Ratio through 2027
Tortilla is among the most popular food among the consumers in Mexico, Venezuela,? Colombia, and Central America. The lower socioeconomic groups in these countries depend on tortillas as the main source of calories and protein. In Central America and Mexico, many tortillas are made by ancient Aztec technology. Moreover, due to growing demand, new commercial-scale technologies are used for mass production of tortilla. Tortilla is very effective in weight loss and is a high source of fiber, calcium, folic acid, and carbohydrates.
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The high nutritional value of tortilla products coupled with increasing demand for conventional food in the developed and developing countries is projected to boost the tortilla market. Moreover, the introduction of new flavored tortilla products such as chips in the market provides a growth opportunity for the key tortilla manufacturers operating globally. Additionally, a wide range of applications of the tortilla as a wrapper in food and industries is expected to drive growth over the forecast period. However, the easy availability of alternative products in the market is projected to hamper market tortilla growth over the forecast period.
Key companies
– Gruma S.A.B. de C.V
– PepsiCo, Inc
– Easy Food Inc.
– La Tortilla Factory Inc.
– LIVEN S.A.
– Tortilla King Inc.
– Catallia Mexican Foods
– Aranda’s Tortilla Company Inc.
– Arevalo Foods Inc
– Azteca Foods
MARKET SEGMENTATION
The global tortilla market is segmented on the basis of nature, source, product type and distribution channel. On the basis of nature, the tortilla market is segmented into organic and conventional. The tortilla market on the basis of source is classified into wheat, corn, and others. Similarly, on the basis of product type the tortilla market is bifurcated into tortilla chips, taco shells, tostadas, flour tortillas, corn tortillas, and others. Based on distribution channel the global tortilla market is divided into hypermarkets/supermarkets, convenience stores, online, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global tortilla market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The tortilla market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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Table of Content:
INTRODUCTION
KEY TAKEAWAYS
RESEARCH METHODOLOGY
TORTILLA MARKET LANDSCAPE
TORTILLA MARKET – KEY MARKET DYNAMICS
TORTILLA MARKET – GLOBAL MARKET ANALYSIS
TORTILLA MARKET – REVENUE AND FORECASTS TO 2027 – TYPE
To continue
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