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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Technavio has announced its latest market research report titled Global Tortilla Market 2020-2024 (Graphic: Business Wire)
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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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200529005437/en/
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