The Tortilla Global Market Report 2023, provides comprehensive information on the tortilla market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032
Learn More On The Tortilla Market’s Growth:
https://www.thebusinessresearchcompany.com/report/tortilla-global-market-report
According to The Business Research Company’s Tortilla Global Market Report 2023, the global tortilla market is poised for growth. Anticipated to expand from $47.40 billion in 2022 to $50.42 billion in 2023, reflecting a Compound Annual Growth Rate (CAGR) of 6.4%, the market showcases resilience amidst challenges like the Russia-Ukraine conflict hindering global economic recovery from the COVID-19 pandemic. Despite short-term disruptions, the tortilla market is projected to reach $63.85 billion in 2027, maintaining a CAGR of 6.1%, underscoring its sustained growth trajectory and adaptability in the face of global economic complexities.
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Technological advancement in the manufacturing of tortillas is a key trend gaining popularity in the tortilla market. Major companies operating in the tortilla market are adopting new manufacturing technologies to sustain their position in the market. For instance, in July 2021, Kemin Industries Inc., a US-based specialty ingredient manufacturer and supplier, introduced an interactive digital tool for tortilla manufacturers called the Floor Tortilla Doctor. It is designed to address a variety of process and quality challenges, including operational effectiveness and shelf life extension, and offers a simple and efficient way to solve problems during the manufacturing process for tortilla manufacturers. The interactive tool guides manufacturers through their applications and any potential trouble spots. After identifying any potential issues, the floor Tortilla Doctor recommends solutions such as Kemin batch packs and premixes to improve tortilla goods and accelerate product distribution.
The tortilla market is segmented:
1) By Product Type: Tortilla Chips, Taco Shells, Tostadas, Flour Tortillas, Corn Tortillas, Other Products
2) By Nature: Organic, Conventional
3) By Processing Type: Fresh, Frozen
4) By Source: Wheat, Corn
5) By Distribution Channels: Hypermarkets, Supermarkets, Convenience Stores, Online, Other Distribution Channels
North America was the largest region in the tortilla market in 2022.
Top 5 Major Key Players Are:
GRUMA S.A.B. de C.V
PepsiCo Inc
Easy Food Inc
La Tortilla Factory Inc
Liven S.A
Table Of Contents
1. Executive Summary
2. Tortilla Market Characteristics
3. Tortilla Market Trends And Strategies
4. Tortilla Market – Macro Economic Scenario
5. Tortilla Market Size And Growth
…….26. Africa Tortilla Market
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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