COVID-19 Impact & Recovery Analysis - 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 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)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on C-19 Impact

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.

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

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40228

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.

Tortilla Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the tortilla market, including some of the vendors such as 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. Backed with competitive intelligence and benchmarking, our research reports on the tortilla market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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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

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View source version on businesswire.com: https://www.businesswire.com/news/home/20200715005810/en/