Vantage Market Research | 21 May 2022
Food & Beverage
Corn Tortilla Market is expected to grow with a CAGR 5.9% from 2022 to 2028
As stated in our extensive report; providing insights on Segments (i.e., Nature, Product Type, Processing Type, Distribution Channel, and Region) Type, Key Driving Factors, Key Restraints; the Global Corn Tortilla Market accounted for USD 15.8 Billion in the year 2021.
Tortilla is a skinny unleavened flatbread generally utilized in Mexican meals to make burritos, enchiladas, and tacos. Tortillas created from corn or wheat are seemed to be plentiful in protein, vitamins, and minerals, and feature come to be a staple eating regimen for the Hispanic network and are gaining enchantment in different components of the arena as well. Tortilla call is growing in each advanced and growing nation, thanks to their dietary blessings and the developing fitness awareness of the worldwide population.
“Key Factors Likely to Drive Growth of Corn Tortilla Market”
With growing urbanization, the country's teenagers stay a hectic and chaotic lifestyle, necessitating the regular call for short meal items. Tortillas serve this function in addition to offering an uncommon snack alternative. Because of the decreased cost of basic uncooked ingredients used in tortilla manufacture, the tortilla market in the global market has a variety of growth 10;Moreover, the growing call for Mexican ingredients in diverse areas additionally presents numerous possibilities for this market. To seize the developing call for tortilla products, maximum the producers are focusing on the manufacturing of low-fat tortillas and whole-grain tortillas supplying boom possibilities within the tortilla market within the international market.
North America held the largest share in the Corn Tortilla Market and is expected to continue this trend in the forecast period.
Some of the key players in the Global Corn Tortilla Market include Ole Mexican Foods, Gruma, . de C.V, PepsiCo Inc., Masienda, La Tortilla Factory, Azteca Food, Guerrero White Corn Tortilla, Catallia Mexican Foods, Aranda's Tortilla Company Inc., Liven S.A. and others.
Food & Beverage
Corn Tortilla Market is expected to grow with a CAGR 5.9% from 2022 to 2028
21 May 2022
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