Tortillas - Global Strategic Business Report

The global market for Tortillas is estimated at US$24.5 Billion in 2023 and is projected to reach US$30.4 Billion by 2030, growing at a CAGR of 3.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The demand for tortillas is also supported by their convenience, aligning with busy lifestyles where quick and easy meal solutions are prized, and sustainability, with a push towards products made through ethical and environmentally friendly practices. Additionally, the snacking trend is significantly impacting the tortilla market, with an expansion in tortilla-based snacks that cater to on-the-go consumption. Demographic shifts, particularly the growing Hispanic population in the U.S., are also significant, influencing the demand for authentic tortilla products and driving market expansion. As global culinary cultures become more integrated, consumers are more inclined to try authentic flavors and traditional foods, including tortillas, which are central to many Latin American dishes.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Tortilla Chips segment, which is expected to reach US$9.8 Billion by 2030 with a CAGR of a 3.9%. The Taco Shells segment is also set to grow at 2.5% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $6.6 Billion in 2023, and China, forecasted to grow at an impressive 5.4% CAGR to reach $6.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Tortillas Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Tortillas Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Tortillas Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Bimbo Bakeries USA, Gruma SAB de CV, Liven S.A., and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 102 Featured):

• Bimbo Bakeries USA
• Gruma SAB de CV
• Liven S.A.
• Mexican Food Specialties, Inc.
• Mission Foods
• Ole Mexican Foods, Inc.
• Signature Flatbreads Ltd.
• Tyson Mexican Original, Inc.