The global Organic Tortilla Market was worth the US $ 16.6 billion in 2021, and it is estimated that it will reach a valuation of US $ 34.5 billion by the end of 2026 with an annual compound rate of 7.6% between 2021 and 2026.
Market Overview:
A tortilla is a form of toasted bread made primarily from corn and wheat. It is consumed mainly in Mexico and Spain. It is prepared from corn and wheat. It is known to add unmatched flavor benefits to healthy bread, and the demand for gluten-free and plant-based products drives sales in the marketplace. Medical experts around the world are also encouraging consumption. The raw material of the tortilla, which increases the nutritional value of corn, is considered a rich source of vitamins, proteins, and minerals. There are many types of tortillas available to consumers, such as pre-cooked tortillas, frozen tortillas, tortilla mixes, and chips. They are used to make enchiladas, burritos and are used primarily as tacos called wraps. The main component of the Organic Tortilla Market is corn or wheat. It has been a staple in the Hispanic population and is also gaining popularity in other parts of the world.
Market Growth:
Change in lifestyle is the factor driving the growth of the Organic Tortilla market during the forecast period.
Recent Developments:
REPORT COVERAGE:
REPORT METRIC |
DETAILS |
Market Size Available |
2020 – 2026 |
Base Year |
2020 |
Forecast Period |
2022 - 2027 |
CAGR |
XX% |
Segments Covered |
By Product Type, By Salrs Channel, and By Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Market Leaders Profiled |
S.A.B. de CV, GRUMA, Easy Foods Inc., PepsiCo Inc., Liven, La Tortilla Factory, Ole Mexican Foods Inc., Arevalo Tortilleria, Inc., SA, Aranda's Tortilla Company, Inc., Catallia Mexican Foods and Azteca Foods Inc |
Drivers:
The demand for convenience and easily manufactured foods is increasing due to factors such as rapid urbanization, the high purchasing power of customers, and increased participation of women in the workforce. This factor has driven the demand for Organic Tortilla products such as taco sheets, chips, flour tortillas, tortillas, and corn tortillas. The variety of organic tortillas is a positive factor influencing the growth of the Organic Tortilla market. The nutritional value of organic tortillas has the potential to replace bread. Additionally, technological advancements are playing an important role in the growth of the Organic Tortilla market, with tremendous growth in production and product innovation. The demand for organic and additive-free food is increasing in developed countries such as the US, UK, Australia, and the EU-4. This may be due to growing health and wellness trends and consumer demand for transparency. Therefore, the organic tortilla market in these developed countries is growing faster than the traditional tortillas available in the Organic Tortilla market. In Latin America, the origin of tortillas, the demand for organic tortillas is increasing in countries such as Brazil, Mexico, and Argentina with the recognition of clean label products. The growth rate of organic tortillas is very high in Asia. Although they are from the Pacific, traditional tortillas are still consumed, as organic tortillas are a bit more expensive. Consumers are adopting a healthy lifestyle, which has led to increased consumption of food and beverages with potential health benefits. In the current scenario, people are more and more aware of their eating and eating habits, causing them to spend more and more on health and well-being. Therefore, consumers prefer natural and organic food and consume dietary supplements. Consumers' propensity for preventive care is driving manufacturers to use healthy, natural ingredients in their food products. Organic tortillas are considered healthy snacks and are accepted by health-conscious people. The demand for foods of Mexican origin such as tortillas, tacos, enchiladas, nachos, and tamales has increased in recent years. With the growing food chain focused on Mexican food and the growing number of tortillas, one of the main products of Mexican food, there is a growing demand for organic tortillas in the Asia Pacific region. The lifestyle of busy and busy consumers has transformed their eating habits into healthy and natural eating habits. Consumers choose organic ingredients that are beneficial for health and well-being. However, consumers are paying more attention to their snack options. They are choosing healthier foods that are nutritious and contain natural ingredients. Consumers are increasingly moving toward snacks that offer clearer and cleaner labels. The organic tortilla market is experiencing an increase in snack sales. This trend stands out among health professional consumers who use frozen foods such as whole wheat tortillas to replace sandwich bread and make more room in the refrigerator. As consumers become aware of maintaining high levels of immunity, they are driving demand for organic tortilla products, such as multigrain soups and chips. Savory alternative products such as sweet potato tortillas, low-carb flour tortillas, and two-size flour tortillas with added calcium and vitamin D are also expected to drive global market growth during the forecast period. Organic tortillas meet the demand for healthier, cleaner, and more natural snacks, so the demand is expected to increase in the near future.
Restraints:
A lesser emphasis on clean labeling, especially in terms of the safety of organic products, can affect the demand for tortillas, which can affect the growth of the global Organic Tortilla market. In particular, the absence of strict regulations on the safety and efficacy of organic products can affect the consumer's perspective and affect the growth of the Organic Tortilla market. Tortilla production is extremely small in other parts of the world, which also affects the sale value of tortillas.
Organic Tortilla Market Segmentation Analysis:
Depending on the type of product, the Organic Tortilla market can be divided into cooked corn-based tortillas and bulk flour-based tortillas. Martha's flour is flour cooked by soaking it in an alkaline solution. This segment is expected to generate significant revenue in the global tortilla chip market.
On the basis of the sales channel, the Organic Tortilla market is segmented into non-commercial retailers and store-based retailers. The store-based retail sector is further subdivided into modern grocery retailers and traditional grocery retailers. The modern grocery retail segment can be subdivided into convenience stores, hypermarkets/supermarkets, department stores, discount stores, and specialty stores, while the traditional grocery retailer segment is subdivided into food and beverage specialists, small independent retailers of groceries.
Impact of COVID 19 on the Organic Tortilla Market:
The coronavirus has spread throughout the world, and most countries are adopting containment measures to control the spread of the virus and ensure public health. All commercial and productive activities, with the exception of the food and medical sectors, are completely paralyzed, causing an economic crisis. Disruption of manufacturing and production functions slows down business, and idle trade and transportation completely disrupt the supply chain, potentially causing the company to suffer significant losses in the near future.
Regional Analysis:
North America has a large 37.3% share of the global organic tortilla market. The high demand for organic food can be attributed to growing health and wellness trends, which is driving the growth of the organic tortilla market in the region. The Asia Pacific is expected to show a high growth rate of 10% in the organic tortilla market during the forecast period. Urbanization, which is growing especially in Australia and Korea, is expected to create significant growth opportunities for the organic tortilla market in the near future. Latin America is expected to occupy a significant market share in the global Organic Tortilla market. Organic Tortillas are the first choice of consumers in Mexico and have become one of the most important snacks in other countries, including the United States and Canada. According to data discovered by the Snack Foods Association, the slaughter of tortilla chips in the United States has witnessed tremendous growth in recent years, primarily due to increased consumption of tortillas by the Mexican-American population in the United States. It is expected to drive revenue generation in the global Organic Tortilla market. Europe is one of the prominent leaders in the global Organic Tortilla market. Organic Tortilla consumption in Europe is expected to rise rapidly to an annual average of 5.07% over a given period due to a growing health-conscious population and a greater propensity to replace healthy bread.
Key Players in the Market:
Some players present in the world Organic Tortilla market are S.A.B. de CV, GRUMA, Easy Foods Inc., PepsiCo Inc., Liven, La Tortilla Factory, Ole Mexican Foods Inc., Arevalo Tortilleria, Inc., SA, Aranda's Tortilla Company, Inc., Catallia Mexican Foods and Azteca Foods Inc.
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