Global Tortilla Market 2024-2028

The tortilla market is forecasted to grow by USD 10.43 bn during 2023-2028, accelerating at a CAGR of 5.25% during the forecast period. The report on the tortilla market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for convenience foods, rise in number of initiatives to improve agricultural output, and expansion in retail landscape.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.84%
CAGR	5.25%
Incremental Value	$10.43bn

Technavio's tortilla market is segmented as below:

By Distribution Channel

Offline
Online

By Product

Tortilla chips
Pre-cooked tortilla
Tortilla mix

By Geographical Landscape

North America
South America
Europe
APAC
Middle East and Africa

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. Also, rise of diverse flavors and ingredients in tortillas and growing prevalence of mobile food service outlet will lead to sizable demand in the market.

The report on the tortilla market covers the following areas:

Tortilla market sizing
Tortilla market forecast
Tortilla market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading tortilla market vendors that include Arandas Tortilla Co. Inc., Arevalo Foods Inc., Azteca Foods Inc., Bunge Ltd., Cargill Inc., Corporativo Bimbo SA de CV, Eagle Foods Australia, Easy Food Inc., Fiesta Tortillas, Franco Whole Foods LLC, Gruma SAB de CV, La Tortilla Factory, LIVEN S.A.U., MF Food, Ole Mexican Foods Inc., PepsiCo Inc., Teasdale Foods Inc., Tyson Foods Inc., Utz Brands Inc., and General Mills Inc.. Also, the tortilla market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR40228

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global tortilla market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global tortilla market 2018 - 2022 ($ billion)
4.2 Distribution Channel Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
4.3 Product Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Distribution Channel

6.1 Market segments
Exhibit 30: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibit 31: Data Table on Distribution Channel - Market share 2023-2028 (%)
6.2 Comparison by Distribution Channel
Exhibit 32: Chart on Comparison by Distribution Channel
Exhibit 33: Data Table on Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2023-2028
Exhibit 34: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Offline - Year-over-year growth 2023-2028 (%)
6.4 Online - Market size and forecast 2023-2028
Exhibit 38: Chart on Online - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Online - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Distribution Channel
Exhibit 42: Market opportunity by Distribution Channel ($ billion)
Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ billion)

7 Market Segmentation by Product

7.1 Market segments
Exhibit 44: Chart on Product - Market share 2023-2028 (%)
Exhibit 45: Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Exhibit 46: Chart on Comparison by Product
Exhibit 47: Data Table on Comparison by Product
7.3 Tortilla chips - Market size and forecast 2023-2028
Exhibit 48: Chart on Tortilla chips - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on Tortilla chips - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on Tortilla chips - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Tortilla chips - Year-over-year growth 2023-2028 (%)
7.4 Pre-cooked tortilla - Market size and forecast 2023-2028
Exhibit 52: Chart on Pre-cooked tortilla - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Pre-cooked tortilla - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Pre-cooked tortilla - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Pre-cooked tortilla - Year-over-year growth 2023-2028 (%)
7.5 Tortilla mix - Market size and forecast 2023-2028
Exhibit 56: Chart on Tortilla mix - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Tortilla mix - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Tortilla mix - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Tortilla mix - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Product
Exhibit 60: Market opportunity by Product ($ billion)
Exhibit 61: Data Table on Market opportunity by Product ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 South America - Market size and forecast 2023-2028
Exhibit 71: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 APAC - Market size and forecast 2023-2028
Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 Brazil - Market size and forecast 2023-2028
Exhibit 91: Chart on Brazil - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on Brazil - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on Brazil - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Brazil - Year-over-year growth 2023-2028 (%)
9.10 Mexico - Market size and forecast 2023-2028
Exhibit 95: Chart on Mexico - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on Mexico - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on Mexico - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Mexico - Year-over-year growth 2023-2028 (%)
9.11 Argentina - Market size and forecast 2023-2028
Exhibit 99: Chart on Argentina - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Argentina - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Argentina - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Argentina - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 107: Market opportunity By Geographical Landscape ($ billion)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 Arandas Tortilla Co. Inc.
Exhibit 115: Arandas Tortilla Co. Inc. - Overview
Exhibit 116: Arandas Tortilla Co. Inc. - Product / Service
Exhibit 117: Arandas Tortilla Co. Inc. - Key offerings
12.4 Arevalo Foods Inc.
Exhibit 118: Arevalo Foods Inc. - Overview
Exhibit 119: Arevalo Foods Inc. - Product / Service
Exhibit 120: Arevalo Foods Inc. - Key offerings
12.5 Azteca Foods Inc.
Exhibit 121: Azteca Foods Inc. - Overview
Exhibit 122: Azteca Foods Inc. - Product / Service
Exhibit 123: Azteca Foods Inc. - Key offerings
12.6 Bunge Ltd.
Exhibit 124: Bunge Ltd. - Overview
Exhibit 125: Bunge Ltd. - Business segments
Exhibit 126: Bunge Ltd. - Key news
Exhibit 127: Bunge Ltd. - Key offerings
Exhibit 128: Bunge Ltd. - Segment focus
12.7 Cargill Inc.
Exhibit 129: Cargill Inc. - Overview
Exhibit 130: Cargill Inc. - Product / Service
Exhibit 131: Cargill Inc. - Key news
Exhibit 132: Cargill Inc. - Key offerings
12.8 Corporativo Bimbo SA de CV
Exhibit 133: Corporativo Bimbo SA de CV - Overview
Exhibit 134: Corporativo Bimbo SA de CV - Business segments
Exhibit 135: Corporativo Bimbo SA de CV - Key news
Exhibit 136: Corporativo Bimbo SA de CV - Key offerings
Exhibit 137: Corporativo Bimbo SA de CV - Segment focus
12.9 Eagle Foods Australia
Exhibit 138: Eagle Foods Australia - Overview
Exhibit 139: Eagle Foods Australia - Product / Service
Exhibit 140: Eagle Foods Australia - Key offerings
12.10 Easy Food Inc.
Exhibit 141: Easy Food Inc. - Overview
Exhibit 142: Easy Food Inc. - Product / Service
Exhibit 143: Easy Food Inc. - Key offerings
12.11 Fiesta Tortillas
Exhibit 144: Fiesta Tortillas - Overview
Exhibit 145: Fiesta Tortillas - Product / Service
Exhibit 146: Fiesta Tortillas - Key offerings
12.12 Franco Whole Foods LLC
Exhibit 147: Franco Whole Foods LLC - Overview
Exhibit 148: Franco Whole Foods LLC - Product / Service
Exhibit 149: Franco Whole Foods LLC - Key offerings
12.13 General Mills Inc.
Exhibit 150: General Mills Inc. - Overview
Exhibit 151: General Mills Inc. - Business segments
Exhibit 152: General Mills Inc. - Key news
Exhibit 153: General Mills Inc. - Key offerings
Exhibit 154: General Mills Inc. - Segment focus
12.14 Gruma SAB de CV
Exhibit 155: Gruma SAB de CV - Overview
Exhibit 156: Gruma SAB de CV - Business segments
Exhibit 157: Gruma SAB de CV - Key offerings
Exhibit 158: Gruma SAB de CV - Segment focus
12.15 La Tortilla Factory
Exhibit 159: La Tortilla Factory - Overview
Exhibit 160: La Tortilla Factory - Product / Service
Exhibit 161: La Tortilla Factory - Key offerings
12.16 LIVEN S.A.U.
Exhibit 162: LIVEN S.A.U. - Overview
Exhibit 163: LIVEN S.A.U. - Product / Service
Exhibit 164: LIVEN S.A.U. - Key offerings
12.17 PepsiCo Inc.
Exhibit 165: PepsiCo Inc. - Overview
Exhibit 166: PepsiCo Inc. - Business segments
Exhibit 167: PepsiCo Inc. - Key news
Exhibit 168: PepsiCo Inc. - Key offerings
Exhibit 169: PepsiCo Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 170: Inclusions checklist
Exhibit 171: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 172: Currency conversion rates for US$
13.4 Research methodology
Exhibit 173: Research methodology
Exhibit 174: Validation techniques employed for market sizing
Exhibit 175: Information sources
13.5 List of abbreviations
Exhibit 176: List of abbreviations