Tortilla Market 2020-2024 | Growing Demand For Convenience Foods to Boost Growth | Technavio

Technavio has been monitoring the tortilla market and it is poised to grow by $ 10.42 bn during 2020-2024, progressing at a CAGR of about 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Arevalo Foods Inc., Azteca Foods Inc., Bunge Ltd., Cargill Inc., Easy Food Inc., General Mills Inc., GRUMA SAB de CV, Grupo Bimbo SAB de CV, PepsiCo Inc., and Tyson Foods Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Growing demand for convenience foods has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/global-tortilla-market-industry-analysis

Tortilla Market 2020-2024: Segmentation

Tortilla Market is segmented as below:

■ Product

■ Tortilla Chips

■ Pre-cooked Tortilla

■ Tortilla Mix

■ Geographic Landscape

■ APAC

■ Europe

■ MEA

■ North America

■ South America

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Tortilla Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our tortilla market report covers the following areas:

■ Tortilla Market Size

■ Tortilla Market Trends

■ Tortilla Market Industry Analysis

This study identifies the rising demand for gluten-free tortillas as one of the prime reasons driving the tortilla market growth during the next few years.

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Tortilla Market 2020-2024 : Key Highlights

■ CAGR of the market during the forecast period 2020-2024

■ Detailed information on factors that will assist tortilla market growth during the next five years

■ Estimation of the tortilla market size and its contribution to the parent market

■ Predictions on upcoming trends and changes in consumer behavior

■ The growth of the tortilla market

■ Analysis of the market’s competitive landscape and detailed information on vendors

■ Comprehensive details of factors that will challenge the growth of tortilla market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

■ 2.1 Preface

■ 2.2 Preface

■ 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

■ Market ecosystem

■ Market characteristics

■ Value chain analysis

■ Market segmentation analysis

PART 04: MARKET SIZING

■ Market definition

■ Market sizing 2019

■ Market size and forecast 2019-2024

■ Market outlook

PART 05: FIVE FORCES ANALYSIS

■ Bargaining power of buyers

■ Bargaining power of suppliers

■ Threat of new entrants

■ Threat of substitutes

■ Threat of rivalry

■ Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

■ Market segmentation by product

■ Comparison by product

■ Tortilla chips - Market size and forecast 2019-2024

■ Pre-cooked tortilla - Market size and forecast 2019-2024

■ Tortilla mix - Market size and forecast 2019-2024

■ Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

■ Geographic segmentation

■ Geographic comparison

■ North America - Market size and forecast 2019-2024

■ South America - Market size and forecast 2019-2024

■ Europe - Market size and forecast 2019-2024

■ APAC - Market size and forecast 2019-2024

■ MEA - Market size and forecast 2019-2024

■ Key leading countries

■ Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

■ Market drivers

■ Market challenges

PART 11: MARKET TRENDS

■ Rise in demand for gluten-free tortillas

■ Growing demand from mobile foodservice outlets

■ Growing prominence of private label brands

PART 12: VENDOR LANDSCAPE

■ Overview

■ Landscape disruption

■ Competitive scenario

PART 13: VENDOR ANALYSIS

■ Vendors covered

■ Vendor classification

■ Market positioning of vendors

■ Arevalo Foods, Inc.

■ Azteca Foods, Inc.

■ Bunge Ltd.

■ Cargill Inc.

■ Easy Food, Inc.

■ General Mills, Inc.

■ GRUMA SAB de CV

■ Grupo Bimbo SAB de CV

■ PepsiCo Inc.

■ Tyson Foods, Inc.

PART 14: APPENDIX

■ Research methodology

■ List of abbreviations

■ Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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