Tortilla Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the global tortilla industry. The report analyzes and declares the historical and current trends analysis of the global tortilla industry and subsequently recommends the projected trends anticipated to be observed in the global tortilla market during the upcoming years.

The global tortilla market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire global tortilla market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the global tortilla industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the global tortilla industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the global tortilla market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the global tortilla industry. The global tortilla market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the global tortilla sector. Key strategic developments in the global tortilla market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the global tortilla market are appropriately highlighted in the report.

A tortilla is flat circle-shaped bread made from wheat or corn. It is a core element in most of the Mexican cuisines. For decades, the Hispanic population has been consuming tortilla as a staple food. However, the product is consumed as wraps and snacks in other regions.

Some key factors that are flourishing the global tortilla market are the constantly budding demand for fast foods & convenience foods worldwide, changing food habits & lifestyle, rapid urbanization, and rising trends of nuclear families, which, in turn, escalate the growth of the tortilla industry at a global level. Apart from this, tortilla offers a wide range of health benefits, such as effectively regulating the metabolism, enhance physical activity, fatigue reduction, and maintaining the optimum water level in the body. The aforementioned aids of tortilla consumption are likely to further prosper the demand for the product throughout the study timeframe. As gluten is the major ingredient present in a wheat-based tortilla, the gluten-related health implications in rare cases urge the industrial players to expand their product portfolio by introducing gluten-free tortillas, thereby escalating the global tortilla market growth.

Report Scope

The global tortilla market research report delivers an acute valuation and taxonomy of the global tortilla industry by practically splitting the market on the basis of different product types, nature, sources, distribution channels, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the global tortilla industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the global tortilla industry is provided for the leading economies of the world.

The global tortilla market is segmented based on the product type, nature, source, distribution channel, and region. On the basis of product type, the global market is segmented into tortilla chips, taco shells, tostada, flour tortilla, and corn tortilla. Source-wise, the industry is categorized into corn, wheat, and others. Based on the product nature, the industry players are bifurcated into organic and conventional. The distribution channel fragments the tortilla market into online retailing, food & drink specialty stores, hypermarket/supermarket, discount stores, and convenience stores.

Some of the essential players operating in the global tortilla market, but not restricted to include

• Target Brands Inc.
• Mission Foods
• GRUMA
• Utz Quality Snacks
• Herr’s
• El Milagro Inc.
• Truco Enterprises LP
• S.A.B. de C.V.
• Trader Joe’s
• Frito-Lay Inc.
• Easy Foods
• PepsiCo Inc.
• among others.

The taxonomy of the global tortilla market by its scope and segmentation is as follows:

Product Type Segmentation Analysis

• Corn tortilla
• Taco shells
• Tortilla chips
• Flour tortilla
• Tostada

Nature Segmentation Analysis

• Conventional
• Organic

Source Segmentation Analysis

• Corn
• Wheat
• Others

Distribution Channel Segmentation Analysis

• Online Retailing
• Food & Drink Specialty Stores
• Convenience Stores
• Hypermarket/Supermarket
• Discount Stores

Global Tortilla Market: Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa