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Tortilla Bread Market Size

  • Report ID: GMI7052
  • Published Date: Oct 2023
  • Report Format: PDF

Tortilla Bread Market Size

Tortilla Bread Market size was valued at USD 24.8 billion in 2022 and is estimated to grow at over 4.5% CAGR from 2023 to 2032, with a rich history and a global presence. These thin, unleavened flatbreads, made primarily from either wheat or corn, are staples in various world cuisines. Tortilla bread is known for its versatility, adaptability, and its ability to serve as a foundation for a wide range of dishes, making it a favorable food item in many households and restaurants.

 

In recent years, the tortilla bread has seen a surge in specialty and health-conscious offerings. These include whole wheat tortillas, which incorporate whole wheat flour and offer extra fiber and a slightly nuttier flavor. Multigrain tortillas, infused with various grains and seeds such as flax seeds, chia seeds, and quinoa, provide added nutrition and a unique texture. Vegetable-infused tortillas, often flavored with ingredients like spinach, tomato, or sun-dried tomato, cater to those seeking extra flavor and visual appeal.
 

The increasing cultural diversity and globalization of food trends have led to a broader acceptance of international cuisines. Tortilla bread, whether corn or wheat-based, is a versatile component that transcends borders and adapts to various culinary traditions. This adaptability has contributed to its popularity in both traditional and fusion dishes. Furthermore, its convenience and versatility make it a desirable choice for consumers. Its flat, round shape and pliability allow it to serve as a canvas for a wide range of fillings and ingredients, making it perfect for sandwiches, wraps, burritos, quesadillas, and more. It can be a quick and easy solution for a variety of meal options.

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

The market size of tortilla bread reached USD 24.8 billion in 2022 and is set to record over USD 38.6 billion by the end of 2032, owing to higher popularity in households and restaurants driven by its versatility and adaptability in a wide range of dishes.

The tortilla chips product type held over 35% of the tortilla bread industry share in 2022, owing to its increasing importance in the fast-food and restaurant sector.

North America market size was valued at USD 10.2 billion in 2022, attributed to the rising incorporation of tacos, burritos, and fajitas into mainstream American dining.

Some of the major tortilla bread industry players are Grupo Bimbo SAB de CV, Gruma SAB de CV, General Mills, Aranda's, and Tortilla Company Inc.

Tortilla Bread Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 17
  • Tables & Figures: 230
  • Countries covered: 17
  • Pages: 210
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